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Bloomberg: Trump's fortune has decreased during his presidency by $ 700 million



Bloomberg agency reported that the net worth of former US President Donald Trump decreased during his presidential term by 700 million dollars, and the agency stated that Trump's net worth decreased from 3 billion dollars to 2.3 billion, with the Corona virus pandemic and the repercussions of the storming of the Capitol on January 6, which It severely affected his business empire, noting that the pandemic had destroyed many Trump companies, including hotels, casinos and offices, as workplaces were closed and tourism ceased due to global travel restrictions.


She explained that the repercussions of the Capitol attack caused damage to his relations with brokers and lenders, and the value of Trump's commercial real estate decreased by 26 percent between 2016 and 2021, which is currently estimated at $ 1.7 billion.


The value of Trump's hotels and resorts took a bigger hit, dropping 42 percent between 2015 and 2021 and incurring $ 330 million in debt. Bloomberg said Trump's real estate business accounts for nearly three-quarters of his wealth.

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