How Donald Trump Earned $605 Million Over The Last Three Years

Forbes Daily Briefing

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4.6 • 12 Ratings

🗓️ 8 October 2024

⏱️ 5 minutes

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Summary

Barack Obama, George W. Bush and Bill Clinton made boatloads of money after leaving office—yet still nowhere near as much as the richest president in American history.

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0:00.0	Here's your Forbes Daily Briefing for Tuesday, October 8th.
0:05.0	Today on Forbes, How Donald Trump Earned 605 Million
0:11.0	Over the Last three years.
0:14.0	Barack Obama, George W Bush, and Bill Clinton
0:18.0	made boatloads of money after leaving office,
0:20.0	yet still nowhere near as much as the richest president in American history.
0:25.0	Donald Trump makes more money today than he has in years.
0:30.0	Out of office and back on the campaign trail,
0:32.0	the former president earned an estimated $118 million of operating income last year,
0:38.0	roughly double what he made during his final year in the White House.
0:41.9	So, what changed?
0:44.1	Trump's golf game mostly.
0:46.0	Well, not necessarily his playing abilities,
0:48.7	but rather his golf-centered businesses.
0:52.1	No longer just a diversion. the President's golf portfolio now generates huge profits, lifting his club business, hotel collection, and licensing ventures.
1:02.0	Trump's golf-connected properties generated an estimated $74 million more in operating income last year than they did in 2020.
1:11.0	Ad Maralago, a private club with no course, and the increase rises to $91 million, equal to
1:18.1	84% of Trump's overall jump in income.
1:22.2	Further padding profits, Trump also made money the way
1:24.8	most former presidents do, selling books and delivering speeches. He earned an
1:30.0	estimated $5 million from such endeavors in 2023, up from just a couple hundred thousand
1:35.2	while he was president.
	...

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