Bloomberg is estimating that despite all of the court trials and legal fees and allegations about inflating his net worth, former President Donald Trump is actually building more and more wealth every day.
In fact, the publication is estimating that if Trump becomes president, he will become the wealthiest person ever elected to the office.
He would be breaking a record that was set in 2016 by...
You guessed it. Trump himself.
The Bloomberg Billionaire Index estimates Trump's net worth at $3.1 BILLION, up $500 million from 2021.
According to the outlet's article:
The higher net worth comes as Trump’s businesses are proving resilient in the face of a gloomy real estate market. His move to Florida after leaving the White House coincided with a boom in the state that’s bolstered the finances of two of his best-known properties — Mar-a-Lago in Palm Beach and the Doral resort in Miami — while revenues at the rest of his golf courses have surged more than 50% since 2019. And after selling his Washington hotel and paying down loans, Trump is sitting on more cash and less leverage than at any point in the past decade.
The company has never been stronger and never been better,” his son, Eric Trump, executive vice president of the Trump Organization, said in an interview. “We have the most cash and the lowest debt. We are in a fantastic spot.”
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