Donald Trump: Net worth of former president who is set to face criminal charges
MANHATTAN, NEW YORK CITY: Donald Trump needs no introduction! A businessman, politician, and television personality. He served as the 45th President of the United States of America before losing his reelection bid to Joe Biden in 2020. As a businessman, Trump is the principal owner of The Trump Organization. Let's look closer at Donald Trump’s net worth in 2023 as he becomes the first ex-president to be indicted.
Recently, a New York grand jury investigating the circumstances surrounding the "hush money" payment to adult film star Stormy Daniels in 2016 has voted to indict him. Manhattan District Attorney Alvin Bragg's office confirmed the indictment in a statement on Thursday and said it had reached out to Trump's attorney to arrange his surrender. The specific charge or charges have not yet been made public. However, the indictment remains under seal.
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A closer look at Trump's Net Worth
According to Forbes, Donald Trump’s net worth in 2023 is $3.2 billion.
The privileged background
Trump started earning money as early as 3 years old. Coming from his father’s wealth, Trump earned an annual salary of $200,000 in today’s dollars. By the time he was 8, Trump had increased that salary to $1 million.
Trump Organization
After graduating college, Trump worked for his father at The Trump Organization. The Trump Organization earned a lot of money from owning and renting houses in New York City neighborhoods such as Brooklyn, Staten Island, and Queens.
Trump tower and other buildings
Trump also started construction on the Trump Tower. The tower is a 58-foot residential structure and skyscraper on Fifth Avenue. Commodore and Trump Tower were two of his well-known structures, but Trump also owned golf courses, casinos, and opulent hotels. Trump owns several properties, including Trump World Tower, Trump Plaza, 40 Wall Street, and Trump International, all in New York City. According to The Wall Street Journal, Trump International made the most money, with $18.37 million in 18.5 months between 2014 and 2015.
Other ventures
Aside from his decorated real estate portfolio, Trump also engages in other ventures. As an author, Trump has written best-selling books such as 'The Art of the Deal', 'Trump 101: The Way to Success', and 'The America We Deserve'. Among his books, 'The Art of the Deal' continues to find success, as the book garnered sales worth $1 million from 2018 to 2019.