(NewsNation) — Former President Donald Trump’s net worth surged in 2024, bringing hefty profits as the multibillionaire navigates another presidential campaign while also suffering losses from a series of legal battles.
What’s Donald Trump’s net worth?
Bloomberg’s most recent estimate places Trump’s net worth at $7.67 billion, while Forbes reports he’s worth about $6.9 billion. Both estimates are based on calculations from May 22 of this year.
Since then, Trump’s net worth reportedly increased by more than $1 billion in the wake of the July 13 assassination attempt at a Butler, Pennsylvania rally.
Shares of Trump Media, which encompasses the former president’s Truth Social platform, ballooned after the shooting that caused a graze wound to the GOP nominee’s ear, according to Forbes.
It marks a standout year for the former president’s wealth, which has climbed (with some pitfalls) over the past nearly 20 years. Trump fell off the Forbes 400 list from 1990 to 1995, reappearing the following year with an estimated net worth of $450 million in 1996. His monetary worth today represents an increase of more than $6 billion since then — or $3.2 billion since he was elected president in 2016.
Here are the most recent estimates of Trump’s value across multiple assets.
Trump on Social Media, Truth Social
Valued at $5.6 billion, Truth Social’s parent company, Trump Media, is the former president’s most profitable business venture, according to Forbes estimations.
In April, he met the requirement to receive as many as 36 million additional shares of Trump Media, worth $1.17 billion at the time, USA Today reported. That bonus was a provision of the merger with Digital World Acquisition Corp. if Trump’s stock price held up for 20 of any 30 trading days.
Trump’s Real Estate Investments
Trump’s real estate investments are valued at $1.1 billion. His portfolio includes several multimillion-dollar New York City listings, which the public can see on his site Trumpinternnationalrealty.com.
The most valuable listing as of Wednesday was a 4,266-square-foot, five-bed, 4.5-bath loft north of SoHo, offered at $14.75 million.
-
FILE – An aerial view of former President Donald Trump’s Mar-a-Lago estate is seen Aug. 10, 2022, in Palm Beach, Fla. Former President Donald Trump’s civil business fraud trial has turned to one of the topics that has vexed him most — the disputed value of his Mar-a-Lago club in Palm Beach, Florida. Palm Beach luxury real estate broker Lawrence Moens took the stand for Trump’s defense Tuesday, Dec. 5, 2023. (AP Photo/Steve Helber, File) -
FILE – In this Nov. 22, 2018 file photo, a U.S. Coast Guard patrol boat passes President Donald Trump’s Mar-a-Lago estate in Palm Beach, Fla. Trump’s expected move to his Mar-a-Lago club after he leaves office next month is being challenged by a lawyer who says a 1990s agreement allowing Trump to convert the property into a business prohibits anyone from living there, including him. (AP Photo/J. David Ake, File) -
LAS VEGAS, NV – APRIL 15: General views of the Trump International Hotel Las Vegas on April 15, 2024 in Las Vegas, Nevada. (Photo by AaronP/Bauer-Griffin/GC Images) -
PALM BEACH, FLORIDA – APRIL 11: A general view of the atmosphere as Haute Living supports our veterans at America First gala at Mar-a-Lago on April 11, 2024 in Palm Beach, Florida. (Photo by Romain Maurice/Getty Images for Haute Living) -
Trump International Golf Course, owned by US President-elect Donald Trump, is pictured from the beach at Doughmore bay, near Doonbeg, on the west coast of Ireland, on December 2, 2016. – Even in Doonbeg, however, the tenure of US President-elect Donald Trump has created tensions, mainly over a proposed 2.8-kilometre long, 4.5-metre high coastal wall the public beach adjoining his property to protect the golf course from winter storms. (Photo by PAUL FAITH / AFP) / TO GO WITH AFP STORY by Douglas Dalby (Photo by PAUL FAITH/AFP via Getty Images)
Clubs and Resorts
Trump’s clubs and resorts bring in about $810 million. They include multiple golf properties and championship courses in locations such as Scotland, Palm Beach, Los Angeles and Dubai.
His portfolio of clubs and resorts includes his Mar-a-Lago estate, 10 golf courses across six states, his Miami resort and three European golf properties.
Cash and other assets
Representing the smallest share of his net worth, Trump claims about $410 million and another $100 million in other miscellaneous assets, according to Forbes. In a Truth Social post in March, Trump told his supporters he has nearly $500 million in cash.
Liabilities
Trump’s legal liabilities detract about $500 million from his total net worth as of May 2, 2024, according to Forbes.
In February, a judge ordered Trump to pay a $454 million judgment in a civil fraud lawsuit brought by New York Attorney General Letitia James, ruling Trump inflated the value of his assets. Trump’s lawyers appealed the ruling.
During his time as a businessman, Trump led six businesses that declared bankruptcy. He was reportedly nearing bankruptcy in 2002, just before his star spot on NBC’s reality TV show “The Apprentice” rejuvenated his career and paved the way for future licensing and business deals.
