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Donald Trump's wealth takes tumble during presidency

Donald Trump's net worth plummets during his administration.

According to the Bloomberg Billionaires Index, Donald Trump's net worth declined by around $700 million to $2.3 billion (£1.65 billion) during his presidency.

Mr Trump's office buildings, branded hotels, and resorts all lost revenue and value as a result of the Covid-19 outbreak.

His planes and golf courses have also suffered a decrease in value.

Mr. Trump's financial affairs and family business are currently under investigation by the FBI.

Why do Trump's taxes matter in a criminal investigation?

Timeline of the Capitol Riots: What Happened That Day

'Donald Trump paid $750 in federal income taxes,' according to the New York Times.

Bloomberg looked at financial paperwork and other files between May 2016 and January 2021 to figure out how much money Mr Trump had before and after he became president of the United States.



During Donald Trump's presidency, his net worth plummeted.

Donald Trump's net wealth dropped by roughly $700 million to $2.3 billion (£1.65 billion) during his administration, according to the Bloomberg Billionaires Index.

As a result of the Covid-19 outbreak, Mr. Trump's office buildings, branded hotels, and resorts have all lost revenue and value.

His planes and golf courses have also lost value.

The FBI is currently looking into Mr. Trump's financial issues and family company.

What are the implications of Trump's taxes in a criminal investigation?

What Happened That Day in the Capitol Riots: A Timeline

According to the New York Times, Trump paid $750 in federal income taxes.

Bloomberg examined bank documents and other records from May 2016 to January 2021 to determine how much money Mr Trump had before and after becoming president of the United States.



Following the riots, Deutsche Bank, the only bank prepared to lend to him after his bankruptcy in the 1990s, stated it would no longer do business with him.


Mr. Trump also has a jet fleet, including a Boeing 757. According to financial documents seen by Bloomberg, these planes are decades old and have been marked down in value over time.


In 2015, seven planes were valued at roughly $59 million, and in 2020, five planes will be valued at around $6.5 million. Mr Trump's airplanes have lost value over time, owing to the fact that he has sold portions of his fleet.




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