What does it mean that Trump’s wealth has shrunk by $300 million in one year? How much wealth does Trump have now?

What does it mean that Trump’s wealth has shrunk by $300 million in one year? How much wealth does Trump have now?

What does it mean that Trump’s wealth has shrunk by $300 million in one year? How much wealth does Trump have now? Being president is a losing proposition

Data shows that US President Trump's net worth has decreased by $300 million in the past year to $2.7 billion. Since taking office, his total assets have shrunk by 10%. Being president seems like a "losing deal" for Trump. According to Bloomberg on the 14th, the Bloomberg Billionaires Index showed that Trump's net worth decreased by 300 million US dollars in the past year, which was the largest annual drop since Bloomberg began tracking his wealth in 2015.


Bloomberg analyzed that Trump's net worth decreased so much due to the decrease in revenue from the Trump Group's office buildings and the impact of the COVID-19 pandemic on the real estate market. To Trump's critics, it seems like Trump has it all his own way. Because Trump failed to lead the US government to effectively respond to the new coronavirus epidemic, the economy suffered a severe blow, which ultimately affected Trump's personal wealth.
Thanks to massive stimulus measures from the U.S. federal government and the Federal Reserve, and the rapid development of e-commerce, some areas of the U.S. economy are still able to "hold on." But economic losses continue in areas such as real estate, travel and leisure. According to Reference News on the 16th, citing Spain's El Economista on the 14th, Trump is now and will remain a wealthy man when he leaves the White House. However, whether he steps down after this election or serves another term and leaves the White House in 2024, becoming the President of the United States is a losing deal for Trump.

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