David hits Trump's fortune: $300 million less this year

David hits Trump's fortune: $300 million less this year

President Donald Trump's net value has dropped by $300m ($254m) over the past year, from $2.7 billion he has, meaning minus 10% of his wealth since he took office, according to Bloomberg Miliarders Index. This is the biggest drop since Bloomberg [...]

President Donald Trump's net value has dropped by $300m ($254m) over the past year, from $2.7 billion he has, meaning minus 10% of his wealth since he took office, according to Bloomberg Miliarders Index.

This is the biggest drop since Bloomberg began tracking his property in 2015. It all started with a drop in income across Trump organisations' portfolio and was complicated by the impact of the coronary pandemic on property markets.

President Trump's critics say it's the president's fault. They have accused him of not taking pandemic seriously, promoting a suspicious medicine therapy instead of a mask, and allowing states to make offers against each other for scarce medical supplies.

 

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