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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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.”

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