Donald Trump, Economy | This earned Donald Trump billions when he was president

Donald Trump, Economy |  This earned Donald Trump billions when he was president

Forbes magazine publishes billions for Donald Trump.

President Donald Trump has done quite a few presidents before he did when he took over the White House.

You won’t give up

Unlike most other presidents before him, Trump did not want to give up his business during the presidency, and the end of the visa was that his two sons had commanded the empire during the four years he was president.

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Now the magazine has Forbes Review how much money Trump and his company The Trump Organization raised in revenue from 2016 to 2020, a matter of huge billions.

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According to Forbes, Trump earned $90 million, or NOK 809 million, from his Mar-A-Lago vacation club alone.

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This is where Trump has been most of the time since stepping down as president, and he has also visited the site on several occasions during his presidency.

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Earn millions of presidential employees

Washington Post It also revealed in 2020 that US authorities paid at least $2.5 million to Trump’s company during the presidency to use Trump’s private property, including Secret Service rooms and meals at Mar-A-Lago, among other things.

Trump has also added major international meetings with, among others, Chinese President Xi Jinping and Japanese Prime Minister Shinzo Abe to his private property.

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– Familietrøbbel by Donald Trump

Forbes wrote that the majority of Trump’s income during his presidency came from various golf clubs and golf clubs.

In total, Donald Trump generated around $940 million in revenue, or roughly NOK 8.5 billion, from these clubs during his four-year presidency.

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It has 21.8 billion in revenue

Forbes magazine wrote that Trump made $2.4 billion, or 21.8 billion Norwegian kroner, in his four years as president. In addition to income from clubs, golf clubs and hotels, Trump has also pulled some money from rentals and property sales, according to Forbes.

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In the first three years of the presidency, Trump was said to have had revenue of about $650 million, or about NOK 5.9 billion.

Last year, revenue fell to $450 million, or about four billion Norwegian kroner.

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Then it was Trump’s hotel business in particular that went badly bad.

“It hurts me and it hurts Hilton, it hurts all the major hotel chains around the world,” Trump said at a press conference in March 2020.

– It hurts everyone. “There are very few companies that are doing well right now,” Trump said. Market monitoring.

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Wealth has decreased dramatically

They also wrote that although Trump had NOK 21.8 billion in revenue during his four years as president, he now has a total debt of $1 billion (about NOK nine billion).

During his presidency, Trump’s wealth has also fallen dramatically, from about NOK 33.6 billion in 2016 to NOK 21.8 billion in 2020.

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By Bond Robertson

"Organizer. Social media geek. General communicator. Bacon scholar. Proud pop culture trailblazer."