Trump Earned $3.6 Billion in 2024, Here’s How He Did It

Money.it

31 December 2024 - 14:22

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According to Forbes calculations, Donald Trump’s personal wealth would have grown by $3.6 billion in 2024: here’s how the president-elect’s earnings have increased.

Trump Earned $3.6 Billion in 2024, Here's How He Did It

For Donald Trump, this 2024 now drawing to a close has undoubtedly been a year to remember, given the electoral success of last November 5th that will officially bring him back to the White House starting next January 20th.

After the defeat of 2020, it seemed that Trump’s political career was destined to end, undermined by the assault on Congress by his fans and by the many legal troubles that also brought him to the dock.

Instead, like a sort of Phoenix, the tycoon was able to dig in during the hardest periods and then, thanks to the terrible popularity of Joe Biden and his vice Kamala Harris, come back in great shape and win first the GOP primaries and then the presidential elections.

However, 2024 would have been a lucky year also from an economic point of view for Donald Trump, as would have been highlighted by a scrupulous report carried out by Forbes .

According to the prestigious American magazine, Trump would have enriched his personal wealth by 3.6 billion dollars in the last year, thus returning to be present in the list of the 400 richest people in the world.

How Trump earned 3.6 billion in 2024

According to what was reported by Forbes, at the beginning of this year the “ Donald Trump’s net worth was around 2.5 billion dollars”; a figure this “decreased compared to his previous mandate” when he had 4 billion dollars in cash.

In March 2024, “Trump’s net worth shot up to $6.4 billion within a day of Truth Social’s parent company going public, up from $2.3 billion after his court rulings weighed down his net worth between January and March.”

Within two days of going public,” it reads, “Trump had a net worth of $7 billion, as excitement about the company continued to grow.”

The president-elect’s net worth has since fluctuated with the stock price, fluctuations also due to his legal troubles and his results during the primaries.

Ironically, on the day he suffered the Pennsylvania attack — July 14 — Trump reportedly earned $1 billion in just 24 hours. Another leap in his wealth was recorded after his victory in the presidential elections on November 5.

Now Forbes has estimated that Donald Trump’s personal wealth will be $6.1 billion at the end of 2024, up 3.6 billion from the 2.5 billion he had at the beginning of January.

The increase in his bank account would thus be due to "his majority stake in the parent company of Truth Social", the social network he founded after being kicked out of Twitter, now X and in the hands of his friend Elon Musk.

Original article published on Money.it Italy 2024-12-30 08:22:46. Original title: Trump ha guadagnato 3,6 miliardi di dollari nel 2024, ecco come ha fatto

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