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Trump Is Even More Rich Than When He Left The White House, Despite Lawsuits, Commercial Real Estate Crisis


Former President Donald Trump‘s net worth is on the rise despite court appearances, legal defense fees and a crisis in the real estate sector.

What Happened: According to a new valuation by the Bloomberg Billionaires Index, Trump's wealth currently stands at $3.1 billion: $500 million more than his worth when he left the White House in 2021.

But just last month, Trump was excluded from the Forbes 400, an annual list of America's wealthiest individuals, for 2023. His estimated net worth stood at $2.6 billion — a drop from the previous year's estimate of $3.2 billion.

The confusion around Trump's wealth, including the value of his assets, ties into a current civil fraud trial in New York. Trump, who testified earlier this week, could be on the hook for over $600 million, as per one of his former attorneys.

The State of New York made a valuation of the former president's assets, which were weighed with financial disclosures that Trump filed for the trial as well as other disclosures he filed as a requirement for presidential candidates. 

These were used along with other data points by Bloomberg to form a valuation on Trump's wealth which greatly differs from those mentioned above.

Why It Matters: With the presidential election ...

Full story available on Benzinga.com


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