May 18, 2025

Athens News

News in English from Greece

Forbes: Trump's condition decreased by half a billion dollars


Due to the US Donald Trump introduced by the US President, his own fortune decreased by $ 500 million.

According to data Forbesdue to the fall of world markets, its capital decreased over a week from $ 4.7 billion to $ 4.2 billion. The publication gives details:

Most injured Trump Media and Technology Group: shares fell by 8% in three days, and its share decreased from $ 2.2 billion to $ 2 billion, losing $ 200 million.

Commercial real estate The portfolio, including Trump Tower and 40 Wall Street, has depreciated from $ 660 million to $ 570 million. Vornado Realty Trust, Partner Trump, fell by 14%, SL Green – by 15%.

Golf clubs Lost $ 70 million: shares of companies such as Vail Resorts and Topgolf Callaway Brands decreased by 15%.

Hotel assetsIn particular, Trump National Deral, fell by $ 65 million (16%fall), and the licensed business – by $ 15 million.

Residential real estate decreased by $ 20 million due to the average drop in the shares of apartment companies by 13%.

Mar-a-Lago depreciated by $ 32 million (falling by 5%). The share of Blue OWL Capital ($ 5-25 million) lost 22%, and cryptocurrency assets were probably reduced by $ 32 million due to the fall of Ethereum by 18% after the declaration of tariffs.

April 2 President Donald Trump introduced global mutual dutiesreminds Forbes, which entailed the fall of world markets and the collapse of shares of American companies.

For April 3-4, the US stock market lost $ 6.6 trillion – This is the largest two -day fall in history. Since the beginning of the second cadence of Trump in January 2025, the total market loss reached $ 11.1 trillion.

But Trump is not alone in their losses: 500 richest people in the world lost $ 536 billion in two days due to Trump's tariff policy.



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