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  • myinvestmentsportfolio - Investments/Inversiones 🗽🌏📍 NY @myinvestmentsportfolio 1 hour ago
  • The #presidency has been bad for #Donald Trump's finances, with his #personal net #worth falling from $4.5 billion to $3.1 #billion over the past two years, according to the latest #Forbes #billionaires list.

Forbes attributed the #decline of Trump's fortune to three main factors: #e-commerce eating into the value of Trump's real #estate holdings, the intrusion of heightened #security at Trump's resorts, and Trump's own over-reporting of the size of his penthouse. "Much as he's trying — and he's definitely trying — Donald Trump is not getting #richer off the presidency," according to Forbes.

Revenue from Trump-branded ties, whiskies, MAGA hats and other #merchandise has plummeted to just $3 million from $23 million in 2015. “He has significantly tarnished the brand,” licensing expert Jeff Lotman told Forbes.

Additionally:

Revenue at his #golf #clubs is down by 9 percent, in part because of the increased security that #guests have to go through to attend the resorts.

#Trump #Tower #condos are down 33 percent from their highs, and have fallen every year since Trump announced his run for the presidency.

Overall #hotel #revenue is down by $30 million since Trump announced he was running for president — and three major Trump-branded hotels have even stripped his name from their properties.

There are some #bright #spots for the Trump empire: Business at the Trump International Hotel in #Washington is doing well thanks to an influx of #foreign #government officials and GOP bookings. Similarly, the value of the "winter White House," Mar-a-Lago, rose by $10 million, to $160 million — and also reportedly doubled its initiation fee to $200,000.

Trump #first appeared on the #Forbes list in 1982 with his father, Fred Trump, with $200 #million each. The #presidency has been bad for #donald Trump's finances, with his #personal net #worth falling from $4.5 billion to $3.1 #billion over the past two years, according to the latest #forbes #billionaires list. Forbes attributed the #decline of Trump's fortune to three main factors: #e-commerce eating into the value of Trump's real #estate holdings, the intrusion of heightened #security at Trump's resorts, and Trump's own over-reporting of the size of his penthouse. "Much as he's trying — and he's definitely trying — Donald Trump is not getting #richer off the presidency," according to Forbes. Revenue from Trump-branded ties, whiskies, MAGA hats and other #merchandise has plummeted to just $3 million from $23 million in 2015. “He has significantly tarnished the brand,” licensing expert Jeff Lotman told Forbes. Additionally: Revenue at his #golf #clubs is down by 9 percent, in part because of the increased security that #guests have to go through to attend the resorts. #trump #tower #condos are down 33 percent from their highs, and have fallen every year since Trump announced his run for the presidency. Overall #hotel #revenue is down by $30 million since Trump announced he was running for president — and three major Trump-branded hotels have even stripped his name from their properties. There are some #bright #spots for the Trump empire: Business at the Trump International Hotel in #washington is doing well thanks to an influx of #foreign #government officials and GOP bookings. Similarly, the value of the "winter White House," Mar-a-Lago, rose by $10 million, to $160 million — and also reportedly doubled its initiation fee to $200,000. Trump #first appeared on the #forbes list in 1982 with his father, Fred Trump, with $200 #million each.
  • The #presidency has been bad for #donald Trump's finances, with his #personal net #worth falling from $4.5 billion to $3.1 #billion over the past two years, according to the latest #forbes #billionaires list. Forbes attributed the #decline of Trump's fortune to three main factors: #e-commerce eating into the value of Trump's real #estate holdings, the intrusion of heightened #security at Trump's resorts, and Trump's own over-reporting of the size of his penthouse. "Much as he's trying — and he's definitely trying — Donald Trump is not getting #richer off the presidency," according to Forbes. Revenue from Trump-branded ties, whiskies, MAGA hats and other #merchandise has plummeted to just $3 million from $23 million in 2015. “He has significantly tarnished the brand,” licensing expert Jeff Lotman told Forbes. Additionally: Revenue at his #golf #clubs is down by 9 percent, in part because of the increased security that #guests have to go through to attend the resorts. #trump #tower #condos are down 33 percent from their highs, and have fallen every year since Trump announced his run for the presidency. Overall #hotel #revenue is down by $30 million since Trump announced he was running for president — and three major Trump-branded hotels have even stripped his name from their properties. There are some #bright #spots for the Trump empire: Business at the Trump International Hotel in #washington is doing well thanks to an influx of #foreign #government officials and GOP bookings. Similarly, the value of the "winter White House," Mar-a-Lago, rose by $10 million, to $160 million — and also reportedly doubled its initiation fee to $200,000. Trump #first appeared on the #forbes list in 1982 with his father, Fred Trump, with $200 #million each.
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