How Becoming President Cost Trump $3.75 Million

Putting politics aside, President Trump is a groundbreaker in the Oval Office. Never before had the American public elected someone with no political or military background in the highest office in the land. Nor had they ever elected a president who was a billionaire.

According to Bloomberg, President Trump's net worth, which is a well-kept secret, rose by 5% in 2018 to about $3 billion. Forbes has previously pegged the president's net worth at between $3.5 billion and $3.7 billion. No matter which estimate or publication you believe, the undisputed fact is Donald Trump is the wealthiest individual to ever hold the office of president of the United States.

Trump has predominantly built his wealth over the years through real estate ownership and investment, and by running a variety of businesses. While these businesses haven't always worked out, the broad-based Trump empire of companies has done quite well, as evidenced by Trump's multi-billion-dollar net worth.

Source Fool.com