Trump made $1.6 billion while president, according to financial disclosures, but left office less wealthy than before

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Protesters demonstrate on the opening day for the Trump International Hotel and Tower in Vancouver on February 28, 2017.

  • Donald Trump made at least $1.6 billion during his single term as US president.
  • He could hae made as much as $1.79 billion, according to financial disclosures.
  • Much of the revenue came from Mar-a-Lago, his hotel in DC, and his American golf courses.
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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.

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Watchdog group calls from Trump’s criminal investigation over call pressuring Georgia’s secretary of state to overturn election results

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US President Donald Trump and daughter Ivanka Trump walk to Marine One on the South Lawn of the White House on January 4, 2020 in Washington, DC.

  • Citizens for Responsibility and Ethics in Washington, a center-left watchdog group, is asking prosecutors to conduct a criminal investigation into President Donald Trump.
  • The request came in a letter sent Monday to the Department of Justice and Fulton County District Attorney Fani T. Willis.
  • It comes after audio revealed that President Trump pressured Georgia elections officials to take away President-elect Joe Biden’s victory in the state.
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Prosecutors should open a criminal investigation into President Donald Trump over his “conspiracy” to overturn the results of the 2020 election in Georgia, the watchdog group Citizens for Responsibility and Ethics in Washington said Monday.

The call comes after audio was released that shows Trump and his associates pressured Georgia elections officials, threatening criminal consequences if they declined, to “find” thousands of ballots in order to steal the victory from President-elect Joe Biden, who won the state more than 11,000 votes.

In a January 4 letter to the US Department of Justice and the Fulton County District Attorney’s office in Georgia, CREW alleges that the call is evidence of a criminal conspiracy to deny Americans “their constitutional rights to vote in a free and fair election and to have their votes fairly counted.” On Sunday, the group called on Congress to once again impeach the president.

“This is some of the most egregious conduct we’ve ever seen from a US president, raising the question of whether this country is to continue as a democracy,” CREW Executive Director Noah Bookbinder said in a statement.

The Department of Justice did not respond to a request for the comment.

Earlier in the day, however, Fulton County District Attorney Fani T. Willis said she was prepared to conduct such a probe.

“Like many Americans, I have found the news reports about the president’s telephone call with the Georgia Secretary of State disturbing,” she said in a statement to NBC News.

During the call, President Trump repeatedly charged that the county, home to Atlanta, was the scene of rampant fraud. Georgia’s Republican elections officials have repeatedly and systematically debunked such “ridiculous claims.”

On Sunday, a Democratic member of Georgia’s elections board called on the state to investigate Trump’s intervention; under Georgia law, it is illegal to solicit or command someone to alter a certified election results. Willis said she’s prepared to take it from there.

“I will enforce the law without fear or favor,” Willis said. “Anyone who commits a felony violation of Georgia law in my jurisdiction will be held accountable.”

Have a news tip? Email this reporter: cdavis@insider.com

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DC watchdog group calls for Trump to be impeached, again, over efforts to tamper with Georgia election

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US President Donald Trump speaks during a news conference in the James Brady Briefing Room of the White House July 30, 2020 in Washington, DC.

  • President Trump should be impeached over his efforts to “rig a presidential election,” the watchdog group Citizens for Responsibility and Ethics in Washington said on Sunday.
  • The demand follows the release of an audio tape featuring Trump asking a Georgia election official to “find” more votes for him so he could claim victory in a state that he lost.
  • “[I]f this isn’t impeachable conduct, then literally nothing is,” said CREW Executive Director Noah Bookbinder.
  • Visit Business Insider’s homepage for more stories.

President Donald Trump should be impeached for a second time after being “caught on tape trying to rig a presidential election,” the watchdog group Citizens for Responsibility and Ethics in Washington said Sunday.

The demand comes after the release of a recording that features Trump pleading with Georgia elections official Brad Raffensperger to “find” more votes for him so that he could claim victory in a state that he lost by nearly 13,000 votes.

“There’s nothing wrong with saying… that you’ve recalculated,”  Trump said on the Saturday call.

CREW, a self-styled crusader against “government officials who sacrifice the common good to special interests,” said that is cause enough to remove Trump from office before President-elect Joe Biden’s inauguration on January 20.

“While the logistics of holding impeachment proceedings in the final two weeks of a presidency are admittedly hard to pull off, if this isn’t impeachable conduct, then literally nothing is,” CREW Executive Director Noah Bookbinder said in a statement. “Congress must act immediately.”

Have a news tip? Email this reporter: cdavis@insider.com

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