Donald Trump has notoriously been known for being a ‘self made billionaire’ for nearly 30 years now. But, how much is this competition crushing business-minded republican presidential candidate actually worth? Let’s talk money; billions in fact, and scope out the details of Donald Trumps billion dollar bank roll.
Donald Trump’s Net Worth as of 2017: $4.7 Billion
Hitting his first billion dollar mark in 1988, Donald Trump’s net worth has continued to sky rocket. Making an insane yearly salary of 250 million, it’s really no surprise that Trump is literally rollin’ in the dough. However, his current net worth has actually sparked quite the debate this past year. After interviewing over 80 sources, stating that Donald Trump is sitting pretty at a solid 4.5 bill. But, Trump couldn’t disagree more! He dismissed Forbes findings calling them “incompetent” and claimed that they were trying to make him “as poor as possible”. He claims that he is worth over $11.5 billion and that an actual ‘respected’ magazine will be coming out soon which will verify this. So who do we believe? The self made billionaire or over 80 sources? A difference of $7 billion is enough to make us all question what his true net worth really is.
1988 – 2000
1988 – 1991: The New York Time’s reported that Trump was worth $3 billion after he purchased the Plaza Motel in Manhattan for roughly $390 million. However, a few short months later Forbes trumped Trump (funny, we know) by stating his net worth was 1 billion as opposed to three. In 1990, Trump was dropped from Forbes list of world billionaires after the value of his real estate business went out the window. By 1991, broke and out of options Trump filed for Bankruptcy.
1991 – 2000: After a long hard couple years, Trump married Maria Maples in 1995 with whom he remained until 1999 when the two divorced. By 2000, Trump was finally back in business claiming to be worth 5 billion in which Forbes quickly squashed stating that his net worth was more like $1.5 billion instead.
2001 – 2014
2001 – 2005: The topic of Donald Trump’s actual net worth died down for a good number of years until 2005 when the first season of Trump’s hit TV show The Apprentice first aired. In which, we might add, he was being paid $50,000 per episode which ended up equaling out to a whopping $700,000 for the first season alone. That year, Forbes reported that Trump was worth $2.5 billion which put him in a 15-way tie for 228th richest person in the world.
2006 – 2014: Trump jumped his way back up the ladder with an alleged net worth of $1.6 billion, and was reported to be sitting at $2.4 billion in 2010. In 2011: Trump first considered running for election but in turn ended up passing up the opportunity. The next year, he released a book which stated that his net worth was $7 billion, which would of course be a jump compared to Forbes claim of his net worth being $2.7 billion in 2011. In 2013, once again, Forbe’s battled Trump over the actuality of his net worth claiming that he was sitting at a net worth of $3.2 billion while Trump held strong to his convictions stating that it was more like 10 billion instead.
Donald Trump was named in the October 2015 edition of Forbes Magazine as having $4.4 billion, which is something that Donald took offense to, citing that he’s worth at least twice that much. “I’m a private company. I like the people at Forbes. But they don’t really know my assets very well.”
What he is happy about though, is that his 2015 political campaign was under budget because of all the press he received which helped to keep him at the top of the polls. That allows him to avoid spending on advertising.
On November 8, 2016, Donald Trump was elected as the 45th President of the United States of America.
On January 20, 2017, Donald Trump was sworn is as the 45th President.