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Donald Trump becomes 357th richest person in the world, net worth reaches $8 billion

by Rajeev Bansal
November 12, 2024

Donald Trump is the 357th Richest person in the world: According to the survey, former President Donald Trump and Vice President Kamala Harris will contest the 2024 US presidential election. (Donald Trump and Vice President Kamala Harris) There is a tough competition between.

According to the report released before the election, Donald Trump’s net worth has now reached $8 billion. According to Forbes, his wealth has increased significantly from $4 billion to $8 billion in October 2024.

This increase in the wealth of 78-year-old Trump, the 357th richest person in the world, is due to the increasing demand for shares in his media company Trump Media and Technology Group (TMTG).

TMTG has a valuation of more than $10 billion, which is equivalent to Elon Musk’s Company According to the report, Trump earned $73 million in income from foreign countries in the first two years of his presidency. This includes $2.3 million from India through licensing deals.

75 percent increase in sales recorded in 2023

Whereas he paid only $750 tax in America. The majority of his overseas income came from golf properties in Scotland and Ireland.

Trump has invested in big projects in India, where his brand of real estate projects is expanding rapidly. Two Trump Towers are currently completed in Pune and Mumbai, and two more are under construction in Gurugram and Kolkata.

Industry experts say India is becoming one of the biggest international markets for the Trump brand. India’s luxury real estate market (Luxury Real Estate Market) An increase of 75 percent has been recorded in sales in 2023.

At the same time, the share of luxury homes in total sales in the first half of 2024 was 41 percent, which was 30 percent last year. Prices for these projects start from Rs 10.40 crore to Rs 19.05 crore.

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