Nifty23,813.4063.21

English EditionEnglish Editionहिन्दी ગુજરાતી मराठी বাংলা ಕನ್ನಡ മലയാളം தமிழ்తెలుగు

| Today's ePaper

My Watchlist

Donald Trump's net worth skyrockets this year; here's what it is now and the reasons behind the growth

SECTIONS

The FeedLast Updated: Dec 27, 2024, 09:15:00 PM IST

Font Size

Save

Comment

Synopsis

Even though there have been multiple legal challenges for President-elect Donald Trump throughout the Presidential election year, coupled with a wild stock market, all these factors have not halted his net worth's stellar run throughout 2024, and now his wealth is currently at its peak

Donald Trump's net worth skyrockets this year; here's what it is now and the reasons behind the growth — Is Trump's net worth surge now uncontrollable?

Donald Trump has been having a dream run through 2024, with the US Presidential elections 2024 win being the icing on the cake. Even though he faced certain scares and hiccups in the middle of 2024, due to the sudden surge in popularity of Kamala Harris in the US election campaign race, Trump ultimately bounced back comfortably and registered a historic win in a bid to return to the White House.

ET Year-end Special Reads

Two sectors that rose on India's business horizon in 2024

2025 outlook: Is it time for cautious optimism or rekindling animal spirits?

2024: Govt moves ahead with simultaneous polls plan; India holds largest democratic exercise

Is Donald Trump's net worth surge now uncontrollable?

And with this win, there comes another good news towards the end of 2024, which is the fact that his net worth has increased by a major margin over the year, despite his legal challenges or the volatile stock market. Trump has a majority stake in his social media company, Trump Media & Technology Group Corp (TMTG), which is the main company behind the online platform, Truth Social. This company itself gave him the much needed spike in his net worth, reaping a huge amount of profits, which is being primary seen as the result of the US election-based postings.

Donald Trump's net worth for 2024 shows major jump from last tenure at White House

When 2023 ended, Trump's net worth was somewhere around $2.5 billion, which was a significant dip from his previous term at the White House, when his net worth was somewhere around $4 billion. However, with his progress in the US Presidential elections, his net worth quickly jumped through the ranks and landed at a whopping $6.4 billion, setting a new landmark record.

FAQs:

Has Donald Trump won the US Presidential elections?
Yes, Donald Trump is the new US President-elect, and will be taking up charge from January, 2025 after the gala inauguration ceremony, based on his massive win in the US Presidential elections 2024.

What is Donald Trump's current net worth?
Donald Trump's current net worth stands at a rough estimate of $6.4 billion, which is a whopping record in itself.

(You can now subscribe to our Economic Times WhatsApp channel)

Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.