Donald Trump net worth before and after presidency?

Donald Trump net worth before and after presidency

In March 2016, Forbes estimated his net worth at $4.5 billion. A year later, shortly after his inauguration, they lowered it by $1 billion, and by the end of his presidential term, they had subtracted yet another $1 billion.

Donald Trump net worth before and after presidency?

How Donald Trump's Net Worth Boomed In 2024

Donald Trump has gone from a net worth of $2.5 billion and facing significant legal burdens, to becoming President-elect and returning to Forbes’ tally of America’s richest people, thanks to his majority stake in Truth Social’s parent company, which grew his net worth to $6.1 billion.

January 2024By early this year, Trump’s net worth stood around $2.5 billion, a figure Forbes determined in September 2023 for the annual Forbes 400 list of wealthiest Americans; that figure declined from his previous time in office, when his net worth reached $4 billion—although his net worth was less volatile before he gained ownership of a public company.

March 26, 2024Trump’s net worth rose rapidly to $6.4 billion within a day of Truth Social’s parent company going public—jumping from $2.3 billion after his legal judgments weighed down his net worth between January and March. His net worth fell from $2.5 billion after his legal burdens weighed down his net worth between January and March. Shares—listed with the ticker DJT—popped after the reverse merger closed between the special purpose acquisition company Digital World Acquisition Corp and Trump Media & Technology Group (TMTG), which was approved after months of delays.

March 27, 2024Within two days of being publicly traded, Trump touched a $7 billion net worth as excitement about the company continued.

April 16, 2024Trump’s net worth, at $3.67 billion, reached one of the year’s lowest points on April 16, as TMTG share price hit bottom following a drop lasting several days, but the stock began rising by the month’s end, pushing Trump’s net worth to $7.6 billion on Apr. 30 as he expanded his stake.

May 09, 2024For the second time in one year, Trump’s net worth doubled in value to more than $8.1 billion, the highest of all time, with his net worth remaining above $5 billion throughout the month and reaching $8 billion again on the 14th. Coincidentally, on the same day, a jury found Trump had abused Elle magazine writer E. Jean Carroll and granted her $5 million in damages. Days prior, adult film star Stormy Daniels testified in a hush money trial against Trump that he was later convicted in.

May 31, 2024Trump’s net worth dropped about $300 million to $7.5 billion the day after a jury decided he was guilty of all 34 felony charges from falsifying business records in his criminal hush money trial that dates back to 2023.

July 15, 2024An assassination attempt against Trump during a rally in Butler, Pennsylvania, on July 14 was followed by a surge in TMTG, boosting his net worth by more than $1 billion to $6.1 billion.

September 13, 2024Trump announced he wouldn’t sell his shares in TMTG as a lockup period that prevented him from selling was nearing expiration. His net worth rose by about $200 million to $3.9 billion as he told reporters, “I’m not selling. No, I love it.” The rebound came days after his net worth dropped following his debate performance against Vice President Kamala Harris, and shares remained depressed throughout the month, reaching some of the lowest points of the year.

October 1, 2024In a turn of fate for the 78-year-old billionaire, Trump’s months of holding TMTG placed him back on the 2024 Forbes 400 list, where he ranked 319th with a net worth of $4.3 billion after he was dropped from the list in 2021 for the first time in 25 years.

October 29, 2024In the most significant spike of the year, Trump’s net worth peaked for the third time at $8 billion after several weeks of TMTG rallying as the betting odds of a Trump election victory grew.

November 6, 2024Trump’s election victory sent his net worth to $6.2 billion the day after his win was called and his net worth remained consistently around $5.1 billion and higher throughout the month.

December 6, 2024As Trump spent his first month as President-elect focused on the transition, his net worth grew to $6 billion by Dec. 9th and remained there or above—reaching $6.51 billion on Dec. 16th and slightly shifting on Dec. 20 as he transferred his entire stake to a trust.

Donald Trump's net worth: How US President made billions

Donald Trump’s net worth is once again in headlines after he was sworn in as the 47th US president. On the eve of his second presidency, he launched a meme coin called $Trump, which now accounts for 89% of his net worth, Axios reported.

Trump’s Net Worth Jumps After Nasdaq Listing

The data we used to create this graphic can be found in the table below. As of April 1, 2024, Trump’s net worth was measured at $5.7 billion. Note that Forbes updates this value regularly.

Year Net Worth ($B)

2014 3.9

2015 4.1

2016 4.5

2017 3.5

2018 3.1

2019 3.1

2020 2.1

2021 2.4

2022 3.0

2023 2.5

2024