President-elect Donald Trump’s net worth went up $3.6 billion this year to $6.1 billion, thanks in large part to his majority stake in Truth Social’s parent company, Forbes reported on Wednesday.
Trump’s 60% stake in Truth Social’s fluctuating stock makes him the largest shareholder, and it constitutes more than half of his net worth.
He also owns some $1.1 billion worth of skyscrapers, homes, hotels, and golf courses around the world, as well as a licensing business. He also sells various products.
Trump made more money as the sitting president than any previous president, Forbes reported, as his various businesses brought in some $2.4 billion in revenue and approximately $550 million in income from 2017 to 2020.
The Trump campaign committee raised some $388 million from January 2023 to October 2024, while Trump-affiliated PACs raised $1.1 billion. Trump didn’t spend any of his own money on the campaign, although several of his businesses were hired by the campaign.
Trump owes more than $1.5 billion in liabilities, including loans on more than 10 properties, according to Forbes.