Published 23:48 IST, November 6th 2024
From luxury Cars to Hotels Here's Donald Trump's Net Worth
Donald Trump, who is one of America's richest men, is also regarded as a real estate muggle for his massive real estate empire, acquired over a period of time.
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New York: Four years after an election loss in 2020 that sparked a violent insurrection at US Capitol, 78-year-old Republican leer Donald Trump me one of greatest political comebacks in American history on Wednesday, winning US presidency for a second term.
Donald Trump , who is one of America's richest men, is also regarded as a real estate muggle for his massive real estate empire, which he acquired from his far, Fred Trump.
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According to Forbes, Donald Trump 's net worth as of 6 vember 2024 is $6.6 billion (₹55,519 crores), which makes him 480th richest man in world.
Donald Trump Net Worth
Trump, who started his career in 1968 after gruating from Wharton School, University of Pennsylvania, was employed at his far's real estate company, Trump Manment, which owned racially segregated middle-class rental housing in New York City. In 1971, his far me him president of company.
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Donald Trump's Empire
Much of Trump's fortune remains in real estate; he also owns golf courses, mansions, a winery, and a 1991 Boeing 757 nicknamed Trump Force One.
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Real Estate Holdings
Donald Trump's assets include a $500 million investment in 1290 Avenue posh area of New York, an office building in Manhattan, and Trump National Doral Miami Golf Resort, valued around $300 million.
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Investment in Media & Techlogy
Donald Trump owns a stake in Trump Media & Techlogy Group, which operates social media platform Truth Social. His shares in this media company are currently valued at around $3.5 billion.
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Donald Trump's Car Collection
Trump, who is kwn for his flamboyant im, owns exotic luxury cars. Trumps owns a 1956 Rolls-Royce Silver Cloud, a 2010 Rolls-Royce Phantom, and a 1997 Lamborghini Diablo VT Roster. Trump also owns a rare custom-me McLaren Mercedes SLR, which has a supercharged V8 engine.
Trump's gar also includes a Cillac 'Trump' Limo business salon specifically built for stretch limousines.
Tesla's Shares Shot Up After Trump's Victory
After Trump's historic US election victory on wednesday shares of Tesla soared, an outcome that has been strongly backed by CEO Elon Musk in closing months of race.
Tesla stands to make significant gains under a Trump ministration due to its size, with expectation that subsidies for alternative energy and electric vehicles will be threatened.
While that would be a negative overall for industry, it could give Tesla an vant because of market share. Shares of rival electric vehicles sank sharply Wednesday.
Tesla shares jumped 14% at opening bell.
Trump has proposed tariffs of 10% to 20% on foreign goods that would also impact electric vehicle maker's outside U.S., especially in China.
21:43 IST, November 6th 2024