Donald Trump’s net worth: How rich is the former president?

Former President Donald Trump isn’t shy about his business acumen or his vast riches — but how wealthy is he currently?

Since leaving office, former President Donald Trump lost $600 million, according to Forbes. Those losses left him $400 million short of making the Forbes 400 list of America’s richest people for the first time in 25 years. Trump’s current net worth valuation from the publication stands at $2.5 billion, as of September 2021.

See: All the Ways the Trumps Have Made Money Over the Past 20 Years

The Bloomberg Billionaires Index, which estimated Trump’s net worth to be approximately $2.33 billion in March, says his net worth dropped by approximately $700 million in his last year of presidency.

In his first year in office, Trump’s wealth plummeted to $3.1 billion and then declined to $2.5 billion in 2020. He lost an additional $700 million following the Capitol Hill riots and his impeachments after several organizations stopped doing business with Trump or any of his properties.

The 2020 dip in Trump’s overall net worth was largely due to the coronavirus and the impact it has had on industries in which he holds his biggest assets. Values for office buildings and hotels have plummeted. His properties in Washington, D.C. and Chicago appear to be underwater, while Doral, his golf resort in Miami, has lost 80% of its value in a year, Forbes reported.

Additionally, the Capitol Hill riots resulted in Trump’s golf course losing the right to host the PGA championship tour in 2022, which will undoubtedly lead to lost marketing opportunities and reduced profits for the course. In the days following the riots, Shopify closed Trump’s online stores.

What’s more, at least $590 million in loans will come due in the next four years, Bloomberg reports, which could further impact the billionaire’s bottom line. Still, Trump retains some valuable assets, including garages in New York City, the Mar-a-Lago Club in Florida and three nearby homes.

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However, as the economy faces recovery with widespread distribution of Covid-19 vaccines and travel picks up the pace, Trump’s resort properties may begin to recover. But an article in Forbes points out that if Trump had worked the stock market properly, selling his portfolio upon taking the presidency, paying capital gains tax, and investing in S&P 500 mutual funds, he might be doing better right now.

In 2020, in spite of his financial losses, Trump made number 1,001 on the Forbes billionaires list. April 2021 saw him knocked down to 1,299 on the list while other billionaires enjoyed gains from a bullish market.

A businessman and former reality television star, Trump’s path to wealth was very different than that of your typical politician. Read on for a better understanding of how Trump built his fortune.

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Donald Trump’s Net Worth

When he was sworn…