Forbes Estimate: Trump Lost $2 Billion Serving as President

According to a new wealth estimate report from Forbes, the 45th President of the United States may have lost as much $2 billion dollars in personal wealth during his time in office.

Forbes reports that the former President’s net worth now stands at roughly $2.5 billion, down from the $4.5 billion he was said to have accumulated before announcing his candidacy in 2015.

The Covid-19 pandemic is hitting the travel, leisure and hospitality industry hard — and these are all industries in which the Trump Organization operates.

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Trump chose to step down from his company while serving the nation as President.

In late October 2019, Trump said being president had cost him at least $2 billion. He said this was money he said he would have made if he had continued running his business instead of getting into politics.

But, he told reporters, “If I had to do it again I would do it an instant, because who care, if you can afford it, what difference does it make?”

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At the time, the media disputed his statement, saying that his net worth was unchanged from the previous year.

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