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Donald Trump’s record as the wealthiest person ever elected president may be broken next year—by Donald Trump himself.
The Bloomberg estimates suggest that far from enriching himself as president, Trump suffered significant economic setbacks as part of his public service. Bloomberg’s estimate of Trump’s fortune fell to $2.5 billion in 2020.The higher net worth comes as Trump’s businesses are proving resilient in the face of a gloomy real estate market.
Trump’s own assessment of his financial condition is even brighter. A statement of Trump’s 2021 financial condition, filed as part of a lawsuit, estimated his net worth at $4.5 billion. That was significantly below the $5.8 billion Trump estimated in 2016, again suggesting that Trump sacrificed a considerable part of his personal fortune in order to serve as president.
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