All indications are that being president of the United States for four years was not the best economic decision for Donald Trump on a personal level, after it was revealed that fall nearly 300 places in the ranking of the richest men of the magazine world Forbes.
That renowned Republican tycoon, who once had one reality show where he promoted his business vision to the contestants, currently occupies the number one thousand 299 among billionaires, after last year it stood at one thousand 001 in the ranking.
According to the business magazine, from January 2017 to 2021, when he served as president of the United States, the fortune of Trump had a drop, going from $ 35 trillion to $ 24 trillion.
The comparison is no less, as while Trump companies reported declines, the stock index Standard & Poor’s 500 (S&P 500) report a 70 percent increase.
In its analysis, the American media considered that if Trump had sold everything from the first day of his presidential term, having paid the maximum taxes for capital gains and if he had subsequently invested the resources obtained in shares, the Republican it would now have $ 1.6 million more of those he currently owns.
In just one year, Trump had a drastic drop in the list, and although he is richer than in the previous period, he could not keep up with other billionaires which ascended rapidly.
To take into account, two iconic Trump buildings located in New York have had drastic declines during his presidency in the United States, reporting one at -217 million dollars and another at -195 million dollars. The situation was not far behind in his firm dedicated to managing hotels and licenses, as well as his golf course in Miami, Florida.
The only businesses or areas where Trump has risen, according to Forbes, Have been involved in the three-building complex in San Francisco, California, and their residence in Sea-to-Lake, Palm Beach, Florida.