Donald Trump is campaigning once again for a non-consecutive second presidential term in the 2024 U.S. presidential elections. Now, as the election date is coming closer, people are wondering what is Donald Trump’s net worth.
Here is everything you need to know about Donald Trump’s net worth as of 2024.
What is Donald Trump’s net worth in 2024?
Donald Trump has an estimated net worth of around $6.4 billion in 2024.
Donald Trump, the 45th President of the United States, served his presidential term from 2017 to 2021. However, besides being a politician, he is also a businessman, investor, and entrepreneur. At the time of writing, he is campaigning for the 2024 U.S. presidential elections and will also be part of a presidential debate between him and President Joe Biden. His net worth fluctuates quite often, however, the above-mentioned figure is an estimate of it as of writing.
Donald Trump’s earnings explained — how do they make money?
Donald Trump’s primary sources of income are his real estate holdings and profits from businesses like hotels, casinos, and resorts.
Real Estate
A sizable portion of Trump’s net worth is derived from his real estate investments. Despite having received a head start from his father, Fred, Trump now owns Trump Tower in New York City and the Florida resort Mar-a-Lago, where he currently resides. The Trump International Hotel in Las Vegas and two additional houses in Florida are also owned by him. He has about $1 billion in net worth that is comprised entirely of real estate.
Businesses
A major part of his income also comes from the businesses he founded and owns. These include Truth Social’s parent company, Trump Media & Technology Group, which counts for a staggering part of his net worth, estimated to be worth over $5 billion. He is also the founder of this media company alongside American radio host Andy Dean. His businesses also include around 10 golf courses and golf properties. A small chunk also includes royalties earned from branding and licensing deals for products and services bearing his name.
Investments
While the fine details of his investments are unknown, Donald Trump has his money in diverse sectors. These may include stocks, bonds, partnerships, and well as other joint ventures. While they may not have too much weightage, his investments also go beyond real estate. An example of this is the social media platform Truth Social, which comes under the media sector.
Elton Fernandes
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