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Forbes: Trump's Net Worth Increased by $1.4 Billion in One Year to $6.5 Billion, Making Him the Wealthiest Sitting U.S. President in History
Recently, Forbes released its annual list of global billionaires. U.S. President Donald Trump’s net worth increased from $5.1 billion to $6.5 billion (approximately 44.76 billion RMB), a net gain of $1.4 billion (about 9.66 billion RMB) in one year. His ranking jumped 55 spots to 645th in the world. Forbes listed him as the wealthiest U.S. president in history while in office.
Where did this $1.4 billion come from? The largest portion is from cryptocurrency, totaling about $850 million. Additionally, traditional assets such as Mar-a-Lago, commercial real estate, and golf courses appreciated by approximately $520 million.
It is reported that Trump, along with his presidential envoy Steve Witkoff, co-founded the cryptocurrency company World Liberty Financial, which sells digital tokens. The company is now managed by Trump and Witkoff’s sons.
Trump’s Mar-a-Lago estate in Florida, known as the “Winter White House,” is a hub for political and business leaders and government officials. Its value has been steadily increasing, with Forbes estimating its current worth at $560 million (about 3.86 billion RMB).
Additionally, Trump has a debt that was eliminated due to a judicial ruling. The New York State appellate court overturned a previous civil fraud fine of $517 million, citing “unconstitutional penalties,” which cleared the amount originally counted as a liability.
(Source: Daily Economic News)