Donald Trump, Economy | Trump did very few presidents before he did: The billions rolled in

Donald Trump made billions on this while he was president.


President Donald Trump did very few presidents before he did when he took over the White House.

Would not give up

Unlike most other presidents before him, Trump did not want to give up his business during the presidency and the end of the visa was that his two sons took over the empire during the four years he was president.

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Now the magazine has Forbes reviewed how much money Trump and his company Trump Organization have raised in revenues in the period 2016 to 2020, and it is a question of large billions.

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According to Forbes, Trump has earned 90 million dollars, or 809 million Norwegian kroner, from his holiday club Mar-A-Lago alone.

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This is where Trump has been for much of the time since he stepped down as president, and he also visited the site on several occasions during his presidency.

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Earned millions on presidential staff

Washington Post also revealed in 2020 that US authorities had paid at least $ 2.5 million to Trump’s company during the presidency for the use of Trump’s own property, including rooms and meals for the Secret Service at, among others, Mar-A-Lago.

Trump also added major international meetings with, among others, Chinese President Xi Jinping and Japanese Prime Minister Shinzo Abe to his own properties.

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– Familietrøbbel for Donald Trump

Forbes writes that the majority of Trump’s income during his presidency came from his various clubs and golf clubs.

In total, Donald Trump had revenues of around 940 million dollars, or almost 8.5 billion Norwegian kroner, from these clubs during the four-year term he was president.

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Had 21.8 billion in revenue

Forbes writes that Trump pulled in a total of 2.4 billion dollars, or 21.8 billion Norwegian kroner, in his four years as president. In addition to income from clubs, golf clubs, and hotels, Trump also pulled in some money on rentals and real estate sales, writes Forbes.

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In the first three years of the presidency, Trump is said to have had around 650 million dollars in revenue, or around 5.9 billion Norwegian kroner.

In the last year, revenues have thus fallen to 450 million dollars, or around four billion Norwegian kroner.

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Then it was especially Trump’s hotel business that went badly.

“It hurts me and it hurts Hilton, and it hurts all the big hotel chains around the world,” Trump said at a news conference in March 2020.

– This hurts everyone. “There are very few businesses doing well right now,” Trump said MarketWatch.

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Wealth declined considerably

They also write that even though Trump had 21.8 billion Norwegian kroner in revenue during the four years as president, he now has a total debt of one billion dollars (around nine billion Norwegian kroner).

During his presidency, Trump’s wealth also fell significantly, from around NOK 33.6 billion in 2016 to NOK 21.8 billion in 2020.

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