Donald Trump’s fortune melted like snow in the sun during his four years in the White House. According to the latest update of the Bloomberg Billionaires index, a ranking of the world’s largest fortunes, relayed by the BBC, the former US president would have lost between 700 million and 2.3 billion dollars during his mandate. This abysmal fall in wealth has been greatly amplified by the coronavirus crisis.
Indeed, since the start of the Covid-19 pandemic, a large majority of office buildings, branded hotels and other hotel complexes owned by Donald Trump, which represent approximately 75% of his fortune, have lost income and their assets. value. This observation is the same for the fleet of planes and the nineteen golf courses of the Republican billionaire. According to the various documents analyzed by Bloomberg Billionaires from May 2016 to January 2021, the valuation of the main real estate and commercial assets of the former head of state fell by 26%.
A memoir on his presidency to replenish the funds?
To breathe new life into his fortune, Donald Trump could use his past as a former president in order to sign lucrative media deals, such as the drafting of a post-presidential memoir, which could make him recover some of his heavy economic losses. As proof, the BBC recalls that Barack and Michelle Obama were paid around $ 65 million for their memoirs, while Bill Clinton won an advance of $ 15 million for his book published in 2004.
The prospect could catch the eye of the former US president as Deutsche Bank, which was the only bank to agree to lend him money after its bankruptcy in the 1990s, said after the riots in the Capitol that she would no longer do business with him. With the support of his 74 million voters in the US presidential election of November 2020 and due to his ban from Twitter and Facebook, the billionaire could also be tempted to create a news channel or a social media platform, like the ‘have suggested several American media in recent weeks.
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