Unbelievable amount Trump’s net worth has risen since taking office for second term Donald Trump made a surprising comeback thanks to crypto The president’s net worth has increased by an unbelievable amount since taking office for a second term. President Trump earned his stripes as a real estate agent and businessman long before he tip-toed into politics. Yet, his financial situation has appeared shaky at best, not just having declared bankruptcy at least four times but was looking at a $454 million fraud case this time last year against his $413 million in cash.
Therefore, New York Attorney General Letitia James even considered seizing Trump’s assets, but he somehow managed to convince the appeals court to reduce the amount to $175 million and protect his prized possessions.
Now, it has been revealed the president has made a remarkable comeback, even doubling is estimated fortune since coming to office, from $2.3 billion to $5.1 billion, reports Forbes.
As per the outlet, shortly after the court gave Trump an extended grace, he made his social media venture, Truth Social’s parent company, public, which made ‘a few million in revenue’ thanks to some Trump-supporting investors. Though this provided a boost to his net worth, Trump also got busy flogging other items, like Bibles, guitars and shoes, until he hit gold with crypto. Trump launched World Liberty Financial, a crypto business, with his sons which banked him roughly around $245 million after tax.