Summary List Placement
Donald Trump may have donated his $400,000 salary as president, but that represented just one-tenth of a percent of the money he made while the world’s most powerful man.
During his four-year term in office, Trump reported making between $1.6 and $1.79 billion, with some $620 million coming from the Mar-a-Lago resort, his hotel in the nation’s capital, and three of his golf courses in the United States.
As Insider previously reported, despite making hundreds of millions of dollars each year, Trump paid just $750 in federal income taxes for his first year in office.
That’s according to a review of the former president’s financial disclosures by Citizens for Responsibility and Ethics in Washington, a liberal watchdog group that argued Trump’s salary donation “was merely a fig leaf to cover up four years of brazen corruption.”
CREW found that the pandemic caused revenue to crash at the Trump Hotel in Washington, DC — from $40 million in 2019 to $15 million the year after — but not at Mar-a-Lago, which the former president had branded the “Southern White House.”
Overall, however, Trump appears to be less wealthy today than when he took office. In fall 2020, Forbes said the ex-president was now the 352nd richest person in America — down from 275 the year before, reflecting a drop in net worth from $3.1 billion to $2.5 billion.
Struggling with debt, the former head of state deposited millions of dollars in 2020 campaign donations into the Trump Organization, according to a report by Forbs.
Join the conversation about this story »
NOW WATCH: What makes ‘Parasite’ so shocking is the twist that happens in a 10-minute sequence
Source:: Business Insider
Dustin Johnson highlights | Round 3 | Genesis | 2021
In the third round of The Genesis Invitational 2021, Dustin Johnson recorded three birdies against 3 bogeys to remain even through 13 holes before play was suspended due to darkness. Johnson is 7-under-par for the tournament. The PGA TOUR returns to iconic Riviera Country Club for The Genesis Invitational. Tournament host Tiger Woods will be in attendance but won’t play as he is still recovering from a back procedure last month. World No. 1 Dustin Johnson and defending champion Adam Scott are among the headliners. Notables in the invitation-only field include major champions Brooks Koepka, Bryson DeChambeau, Collin Morikawa, Jordan Spieth, and Francesco Molinari, plus world No. 2 Jon Rahm. Two-time FedExCup winner Rory McIlroy looks to finally lift the trophy at Riviera after holding a piece of the lead Sunday a year ago only to fall to T5. In addition to reigning champ Johnson, FedExCup winners in the field include Justin Thomas, Brandt Snedeker, and Jim Furyk. Here you can find everything you need to stay up to date with the world’s foremost golf tour. Check in for highlights from every tournament plus player profiles, swing analysis and all the greatest shots and amazing moments. Teryn Gregson presents the craziest moments from around the world of golf in ‘Good, Bad & Unusual'.