Back with a bang! According to Forbes, Donald Trump’s net worth has gone up by a whopping $600 million since he left the White House


Who could’ve thought the great Donald Trump could be overshadowed? Unfortunately, warmonger Putin has done precisely that, making us wish for a world that was once troubled by Trump to come back. Trump, too has faced a lot of backlashes ever since he moved into the White House. Still, it was his businesses and net worth that took a significant hit—proving that Donald Trump is a better businessman than a politician is his net worth, which has ascended by an estimated $600 million since he left the White House over a year ago, according to Forbes‘ World’s Billionaires List. The man who witnessed a new low when for the first time in 25 years, he fell out of the Forbes’ 400 list of richest Americans has turned his fate around and jumped nearly 300 spots in Forbes’ list of the wealthiest people in the world.

Via – Medium / Peter Ramirez.

Credit should go to Twitter for banning Donald Trump; why else would he ever launch his new social media app, Truth Social. Jokes apart, the 75-year-old’s development of the social-media platform boosted his wealth by an estimated $430 million. Trump’s fortune has risen from $2.4 billion a year ago to $3 billion today. Less than five months ago, Trump Media & Technology Group and Digital World Acquisition entered into subscription agreements and raised about $1 billion from a group of investors.

Also read -  While promoting Melania's NFT's, Donald Trump blatantly trashes cryptocurrencies. He calls them dangerous and waiting to explode like nothing before.

Last year Trump sold his beloved Washington DC hotel at a profit of $100 million.

Truth social is no Twitter, with many technical issues, dipping popularity, and limited active discussions. But it is also not as drab as the former social platform, “From the Desk of Donald J. Trump.” As per Forbes, Trump now has 835,000 followers—less than 1% of his previous total on Twitter. He also doesn’t post regularly. His only message read, “Get Ready. Your favorite President will see you soon!” No one has seen him since. Still, Trump owns at least 50 percent of the company’s shares, and it is doing him good. Unlike Barack Obama, Bill Clinton, and even George Bush, Trump was the only one whose Presidency cost him money. The suave businessman lost $700 million, and it affected his net worth bringing it down from $3 billion to $2.3 billion throughout his presidency.

Also read -  Not a glass of cognac or a nicotine stick but in his rage-filled moments former President Donald Trump would only calm down after a White House employee would sing his favorite song to him, claims book.

[Via: Forbes]

Tags from the story
, ,
Written By
With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.