The Strategist

Forbes: Donald Trump doubles his fortune in a year



04/02/2025 - 06:55



According to Forbes, the net worth of US President Donald Trump doubled in 2024, increasing from $2.3 billion to $5.1 billion. As stated in the report, his successful investment in cryptocurrency enabled him to grow the fortune.



Gage Skidmore
Gage Skidmore
The primary component of Mr. Trump's wealth is the Trump Media and Technology Group, which is valued at $2.3 billion according to Forbes estimates. A considerable portion of the White House owner's investments includes real estate ($1.1 billion), golf courses and resorts ($1.1 billion), along with liquid assets ($770 million).

Forbes considers Mr. Trump's additional assets, such as his plane, retirement funds, loans he provided to his kids for home purchases, and his licensing and management enterprise ($120 million).

Mr. Trump faces legal liability as well: according to Forbes, he will owe approximately $590 million due to court judgments by March 2025.

In 2025, Elon Musk, the founder of Tesla and SpaceX, reclaimed the top position in the Forbes list of the world's wealthiest individuals. Bernard Arnault, the leader of LVMH, who was first in the ranking last year, has fallen to fifth position. Mark Zuckerberg, the creator of Meta, has made a comeback to the top three.

source: forbes.com