- Donald Trump made at least $ 1.6 billion during his only term as president of the United States.
- He could have made up to $ 1.79 billion, according to financial disclosures.
- Much of the revenue came from Mar-a-Lago, his hotel in DC, and his American golf courses.
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Donald Trump may have donated his $ 400,000 salary as president, but that represented only a tenth of the money he made while he was the most powerful man in the world.
During his four-year tenure, Trump reported making between $ 1.6 and $ 1.79 billion, with about $ 620 million coming from the Mar-a-Lago resort, his hotel in the nation’s capital, and three of his courses. golf in the United States.
As Insider previously reported, despite making hundreds of millions of dollars each year, Trump paid just $ 750 in federal income taxes during his first year in office.
That’s according to a review of the former president’s financial disclosures by Citizens for Responsibility and Ethics in Washington, a liberal watchdog group that argued that Trump’s salary donation “was simply a fig leaf to cover up four years of blatant corruption. “
CREW found that the pandemic caused a drop in revenue at the Trump Hotel in Washington, DC, from $ 40 million in 2019 to $ 15 million the following year, but not at Mar-a-Lago, which the former president had called the “White House of the South.”
Overall, however, Trump appears to be less wealthy today than when he took office. In the fall of 2020, Forbes said the former president was now the 352nd richest person in America, up from 275 the previous year, reflecting a drop in net worth from $ 3.1 billion to $ 2.5 billion. .
Struggling with debt, the former head of state deposited millions of dollars in 2020 campaign donations with the Trump Organization, according to a Forbs report.