In the run-up to the electoral contest, according to the magazine Forbes the tycoon’s wealth is 5 thousand 600 million dollars, which places it as the 357th richest person in the world. At the end of October, it had a peak as a result of the recent rise in TMTG share price.
At the beginning of the month, Trump’s net worth was 3.9 billion dollars, but thanks to this rise it became 8 billion at the end of the month.
Just last Tuesday, the Republican’s fortune increased by 400 million dollars6.3%, driven by the value of Trump Media shares which closed with an increase of almost 9%, u$s51.51.
According to The Wall Street Journal, the value per share of TMTG went from $16.16 to more than u$s 50, That is, an increase in 249.2%.
As indicated from The Associated Press, This increase is not related to the financial results of the company, but with investors’ confidence in a possible Trump victory in this Tuesday’s elections.
However, after shares dropped in price this weekthe tycoon’s fortune declined.
donald trump He has a fortune that is diversified into several areas. This covers the sectors real estateof media and tourism. It is his real estate empire, located mainly in New York and Florida, It is the great basis of your wealth.
In New York City, for example, he owns the iconic Trump Tower in the Fifth Avenuea skyscraper 58 floors which has both luxury offices and private residences. Furthermore, he owns the 40 Wall Streetan office tower in the financial district of the city, and owns the 30% in the skyscraper 1290 Avenue of the Americaswhich generates you substantial income.
trump tower.jpg
Meanwhile, in Florida, he has Mar-a-Lagoin Palm Beach, as its best known property, which is a private club and winter residence with an estimated value of approximately 325 million dollars.
On the other hand, golf courses and resorts are also an important part of the former president’s fortune. It has properties in both USA as in Europe.
Some of the most notable in the United States are Trump National Doral Miamian extensive complex of golf and resort in Florida which has hosted important tournaments and Trump National Golf Club in Bedminsterwhich is frequently used for events and meetings.
In Europe, more precisely in Scotland, has Trump Turnberry, a historical golf resort known for its luxury facilities and tourist attraction and Trump International Golf Links in Aberdeen, which stands out as one of Trump’s international investments in the tourism sector.
Furthermore, it has private planesamong them a Boeing 757and some helicopters that he uses for his trips.
Source: Ambito
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