Donald Trump had a difficult end to his time as President of the United States and as he returns to the corporate world, he is discovering the news that he has been on a negative balance since arriving at the White House in 2017. his fortune was $ 3,500 million and today, a few months after the end of his term, it is $ 2,400, according to Forbes estimates.
Your capital is still important, but in the millionaire rankings Trump was ranked 339th on the list of the 400 richest people in America
And worldwide the drop in the rankings was 298 positions, because last year it was at the 1001 and this year it has dropped to 1299.
An analysis by Forbes indicates that the former president refused to dispose of his assets when he took office and that if he had sold in 2017 and then If you had invested in the Standard & Poor’s 500 index, you would be $ 1.6 billion richer today.
For the business magazine, investors are criticizing themselves for having assets too long and in Trump’s case, he notes that he made “a monumental miscalculation.” for not dropping his portfolio when he took office as president of the United States.
Forbes believes Trump has complicated his presidency with ethical issues for years He missed the opportunity to take advantage of the housing boom that he helped fuel himself.
Donald Trump’s fortune while in office fell by nearly a third from $ 3.5 billion to $ 2.4 billion. while the S&P 500 was up 70%
For Forbes, the tycoon’s real estate portfolio is varied as it includes towers, hotels, golf complexes and vineyards, but Trump’s refusal to sell his assets in 2017, the polarization he maintained throughout his administration, and his administration’s closure with attack on the Capitol, they can be hard to beat if you run for the next presidential election.
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