“I’m really rich,” former American President Donald Trump said after he won election in 2015. But with a net worth of $2.5 billion his wealth is not more now on the list of the 400 richest people in America, for the first time in 25 years, according Forbes. His net worth is the same as last year but in 2016, Trump was worth $3.7 billion. Trump’s wealth and the promise that he could make every American rich was at the center of his 2016 pitch. The businessman has major debts coming due in the next few years.
“He appears to have paid off none of the principal of the Trump Tower mortgage, and the full $100 million comes due in 2022. And if he loses his dispute with the I.R.S. over the 2010 refund, he could owe the government more than $100 million (including interest on the original amount)…He appears to be responsible for loans totaling $421 million, most of which is coming due within four years” as signaled by Times’ experts a year ago. He even lost hundreds million due the pandemic. In fact, Donald Trump has lost some reputation, at least considering his affirmation “I’m the most successful person ever to run for the presidency by far.” The former president is reportedly still a billionaire and this is important for his ambition to run again for presidency.