Donald Trump Net Worth 2022: How Wealthy Is the 45th President of the United States?

Former President Donald Trump was a media personality and businessman who became the 45th president of the United States. He was the first person to become an elected U.S. president without having government or military experience.

During his presidency, Trump has used his presidential voice to scrutinize a long list of perceived adversaries, from the news media to members of his own administration, and questioned the legitimacy of democratic institutions, according to Pew Research.

Trump had more than 26,000 tweets throughout his tenure, talking about a wide range of issues, which eventually proved so provocative, prompting Twitter to permanently ban him from its platform.

Donald Trump then created his own social media platform, known as Truth Social, held through Trump Media.

Donald Trump Net Worth 2022

According to Forbes, Donald Trump has a net worth of $3 billion, with the bulk of his fortune remains to be connected to his New York City real estate.

The former president has reportedly got a $430 million boost from investors betting on Trump Media. Trump also owns golf courses, a winery, and companies worldwide that he has licensed his name.

Donald Trump's net worth reportedly dropped by $700 million during his last year of presidency. But Forbes reported that his personal wealth has risen by $600 million since he left the White House.

According to CNN, in 2021, his first year out of office, his wealth rose marginally to $2.4 billion. When he ran for president in 2016, Forbes reported that Trump's net worth was $4.5 billion.

During his time in office, that number declined steadily, and it went down to $2.1 billion in 2020. As president, Trump would state that being president was costing him money.

According to Forbes, Trump's recent financial gains made him the 1,012th richest person in the world now.

Truth Social Boosted Donald Trump's Net Worth

Donald Trump does not mind leaping from one venture to another, adding a new title to his career profile, which is a tech entrepreneur.

Forbes reported that the Truth Social, which was announced in October and was made available in February, helped lift Trump's fortune from $2.4 billion a year ago to $3 billion today.

The 75-year-old former president posted only once on the platform, saying, "Get Ready. Your favorite President will see you soon!"

Trump has 835,000 followers on the platform, which is less than one percent of his previous follower on Twitter. Trump Media intends to merge with a SPAC that retail traders are buying, boosting its share from $10 to more than $50.

Meanwhile, The New York Times reported that Trump paid no federal income taxes in 11 of 18 years that the outlet reviewed. His tax bill after he became president was reportedly only $750, which he paid in 2016 and 2017.

Trump has reduced his tax bill with "questionable measures," including a $72.9 million tax refund that is currently under audit by the Internal Revenue Service.

In addition, Trump also reportedly received more money from foreign sources as president and U.S. interest groups than previously known.

When he announced his presidential bid in 2015, Donald Trump claimed to have a total net worth of "$8.73 billion," saying, "I'm really rich" at his campaign announcement.

This article is owned by Latin Post.

Written by: Mary Webber

WATCH: The Definitive Net Worth Of Donald Trump 2021 - From Forbes