Trump’s Net Worth Skyrockets: True Figure May Surprise You

(Congress Report) – In news that is going to cause the radical left to have a massive toddler-like temper tantrum, the net worth of former President Donald Trump has skyrocketed by more than $500 million since he left the Oval Office in January of 2021, as per a recently released piece from the Bloomberg Billionaires Index.

“The index stated that it believes the former president is now worth $3.1 billion, up from about $2.6 billion since January 2021 after President Joe Biden’s inauguration,” The Epoch Times reported. “The reason for the increase, according to the index, is due to the former president’s properties having appreciated in value between 2021 and 2023. It noted that a number of his properties in Manhattan—including the Trump Tower on Fifth Avenue—are worth hundreds of millions of dollars each, his Mar-a-Lago resort in Florida is worth about $240 million, a number of other properties and holdings are also worth hundreds of millions, and his liquid assets are said to be about $600 million.”

Bloomberg then pointed out that it valued Trump’s assets through the use of a statement from 2021 that he made concerning his financial condition which included an August 2023 Office of Government Ethics filing, some market data, and mortgage filings. A footnote was included concerning the properties being valued “as is” which means the potential development they hold was not taken into consideration when coming up with the value.

“Meanwhile, the Trump Media & Technology Group that helps run his Truth Social net worth was valued under the index using the range indicated by President Trump on his ethics disclosure. A merger with the company Digital World Acquisition Co. has not been completed,” the Epoch Times continued. “The update in his wealth comes amid speculation that he may have lost billions of dollars amid legal fees and other business losses since he became president and also as he faces a New York civil fraud trial. However, his son, Eric, told Bloomberg on Tuesday that the Trump Organization remains strong.”

The radical left is hard at work trying to defame Trump in whatever manner is available to them. It’s a scheme to make him look weaker in the eyes of the general public, an attempt to get folks to turn away from following him. Liberals hope that if they destroy his image of strength and power, those who are in his base will look for another candidate to back, someone who won’t have the same influence and sway or a good chance of defeating President Joe Biden in next year’s general election.

“The company has never been stronger and never been better,” the younger Trump, the executive vice president of the Trump Organization, went on to say in a conversation with the outlet. “We have the most cash and the lowest debt. We are in a fantastic spot.”

Forbes magazine pointed out that Trump’s popular golf courses are doing much better right now than they have in recent years.

“Liza Pulitzer, a real estate agent at Brown Harris Stevens and a Palm Beach resident, told Bloomberg that she believes Mar-a-Lago is worth more than Bloomberg’s estimate—or estimates made by prosecutors or the judge in the New York civil fraud trial,” the Epoch Times added.

“It could easily fetch $500 million or more,” she went on to say, before adding that the New York judge’s estimate “was a shock to the real estate community and anybody with any understanding of the island and its values.”

All of this flies in the face of what New York District Attorney, Letitia James, is saying and attempting to do, which is accuse Trump of committing fraud.

“In September, Judge Arthur Engoron ruled the former president and the Trump Organization committed fraud while building his real estate holdings in New York state, claiming that they deceived insurers and banks by exaggerating his net worth and assets,” the article disclosed.

“He ruled against me without knowing anything about me,” President Trump said while giving testimony. “He called me a fraud, and he didn’t know anything about me.”

Trump was displeased with the judge saying that his Mar-a-Lago facilities and property are only worth $18 million, stating it’s worth a lot more than that. Real estate professionals from the state of Florida backed the former president saying they were stunned by the judge’s ruling.