Trumps wealth drops while being president

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Donald Trump’s wealth plummeted by almost NZ$1 billion during his presidency.

These are the latest findings from an American based accounting firm.

The former US President’s office buildings, hotels, and resorts all lost revenue and fell in value during the COVID-19 pandemic.

His large fleet of planes and golf courses have also dropped in value. Seven planes were valued at around $59 million in 2015. However, by 2020 that value was down to $6.5 million.

It is estimated that all together he lost around 26% of value in his entire investments.

Trump’s book sales have also plummeted since his presidency ended, with revenue from the sales down 87 percent in the past five years.

Since becoming President in 2016, Trump has fallen 77 places in the Forbes ranking of the 400 richest Americans. He is now at 352. 

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