Donald Trump always finds a way to keep himself in the limelight since he first popped into the business scene in 1988. Over 30 years later, Mr. Trump has found a way to make himself appear like the poster child of the perfect businessman and potential leader of our country. But is all that self-made success he boasts about just an exaggeration? Well, here’s how much money he currently has.
Donald Trump’s Net Worth as of 2018: $3.7 billion
Okay, so $3.7 billion is still a lot of money. There’s no fighting the fact that Donald Trump is, indeed, wealthier than most (if not all) of us. But does his current amount of wealth fully prove him to be an overall successful businessman? Here’s how much money Donald Trump really earned throughout the years.
1988 – 1990Diane Freed/Getty Images
The Donald’s career did not have such a great start. While trying to take care of a divorce with his then-wife, Ivana, his company, “The Trump Organization” (which he inherited from his father), was stuck in extreme debt and was taking out more loans to try to pay off his debts. According to SPY Magazine, Trump was allegedly $-20 million in the hole during 1988. According to Trump himself, in the early 1990s he was valued at $-900 million.
1990 – 1996Frank Micelotta/Getty Images
This is where Donald Trump’s luck turned around. Trump was eventually able to get himself out of his major debt through rebuilding the Taj Mahal Casino out of bankruptcy as well as selling Trump Airlines and his yacht, Trump Princess. Although Trump claims he was worth “probably over $2 billion” during 1996, Forbes claims his net worth to be approximately $450 million.
Early 2000sFrederick M. Brown/Getty Images
During the early 2000s, he completed building the 72-story Trump World Tower, located across from the United Nations Headquarters. He had also began construction of Trump Place, located on the Hudson River, and thousands more of square feet in total Manhattan property. Trump claimed his total worth to be an estimated $5 billion. However, The Wall Street Journal reported that he was worth less than that. They also claimed that Trump constantly overestimates his assets, including his casinos and real estate, and his total amount of wealth.
2005– 2009Evan Agostini/Getty Images
During this time period, Trump had his name on a variety of products, ranging from clothing lines to vodka and steaks. This was also the time when his most notable line was “You’re fired!” from his hit NBC television show, The Apprentice. Trump made a variety of claims about his wealth during this time period, ranging from $4-$9.5 billion in total net worth. However, in 2005 The Wall Street Journal reports he was worth about $788 million.
In 2006, Tim O’Brien, journalist and author of Trump Nation: The Art of Being the Donald, claimed Trump had a total net worth of only $250 million. Trump sued O’Brien for libel over this accusation, which was later dropped due to lack of evidence. Forbes claims Trump had a $2.7 billion net worth during 2006, and a lower $2.6 billion in 2009.
2011 – 2016Scott Olson/Getty Images
In 2011, Forbes claimed Trump had a total net worth of $2.9 billion. During a 2013 interview with the Washington Post, Trump claimed he was worth over $10 billion. However, Forbes counteracted that number and reported he was worth about $3.9 billion. In 2015, the year he officially announced his candidacy for the 2016 presidential election, Trump’s fame and fortune had increased. Although he lost advertising and support from companies such as Macy’s, Miss Universe, and Serta Mattresses for his slander on Mexican immigrants, his support from the public for his presidential election seemed to help keep him afloat. Forbes claimed Trump’s net worth had gone up to to $4.1 billion in 2015.
Despite winning the presidential election, the population isn’t exactly pleased. Trump was met with numerous protests and rallies following his win and taking office in January. Since his inauguration, Trump has taken action by signing multiple executive orders, including minimizing Obamacare, reopening the Keystone XL and Dakota Access pipeline construction projects, and launching his Mexico Border Wall project to reinforce border security.
One of his more infamous actions was his Immigration order, also known as Executive Order 13769. Its official title is: Protecting the Nation from Foreign Terrorist Entry into the United States. It suspended admission of refugees and denied entry to citizens of Iraq, Iran, Libya, Somalia, Sudan, Syria, and Yemen. Thousands of protesters gathered at locations such as airports, and even some lawyers offered their services for free to aid those needing to re-enter the US. The order was later altered to exempt visitors with green cards.
Donald Trump is ready to apologize for retweeting inflammatory videos by the far-right Britain First group.