Donald Trump has been elected the 47th president of the United States, overcoming challenges such as unfavorable polls, ongoing legal battles, and other obstacles during his two-year campaign. His victory follows a contentious race against Democratic Vice President Kamala Harris, marked by debates over issues like abortion, immigration, and divisive topics such as race and gender.
Donal Trump Net Worth
Donald Trump’s fortune has grown significantly, thanks in large part to his stake in Trump Media & Technology Group, the company behind Truth Social. Initially made wealthy through his real estate empire—including golf courses, hotels, and commercial properties—Trump’s net worth has more than doubled in 2024, reaching $6.6 billion. This increase is largely attributed to his 57% stake in Trump Media, which has experienced extreme fluctuations since going public in March under the ticker symbol DJT, matching Trump’s initials.
DJT shares
Trump Media’s stock price has seen dramatic swings, much like meme stocks, which rely more on social media buzz than on fundamentals like revenue or profit. In March, His stake was valued at $5.2 billion after a market surge, but by September, its value plummeted to just $1.4 billion when the stock hit a low of $11.75 per share. Despite these setbacks, Trump’s holding in DJT shares remains his most significant financial asset, even though its value has decreased from a peak in October. Trump’s wealth is largely on paper for now, as he has vowed not to sell his shares.
Trump’s Real Estate and Other Ventures
Though Trump’s digital media investment has boosted his wealth, his primary fortune originated from real estate. He began his career working with his father, Fred Trump, a New York real estate developer who built thousands of apartments in Queens and Brooklyn. Trump expanded this foundation into a global business, with major assets such as the Mar-a-Lago resort in Florida and Trump Tower in Manhattan. One of his largest holdings is a $500 million stake in the office building at 1290 Avenue of the Americas, along with the Trump National Doral Golf Resort, valued at approximately $300 million.
Trump Digital Assets
Additionally, he has diversified into digital assets, earning millions from cryptocurrency investments, NFTs, and licensing his name for various products. For example, his NFT licensing deal earned him $7.2 million, while his endorsement of a $59.99 Bible generated $300,000 in royalties. He has also profited from his reality show The Apprentice and his 1987 book The Art of the Deal, in addition to continuing to receive a Screen Actors Guild pension.
While Trump has made some investments in crypto and NFTs, the bulk of his portfolio is in traditional assets like stocks, bonds, and U.S. Treasuries. He also holds at least $100,000 in gold bars.
Liabilities and Legal Challenges
Despite his wealth, Trump faces significant liabilities. His financial disclosure forms outline various mortgages on properties like Trump Tower and other real estate holdings. Additionally, he is currently appealing several legal judgments, including those related to sexual abuse and defamation claims, with some judgments totaling over half a billion dollars. Trump has committed to covering these debts with bonds as he continues to challenge the rulings.
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