Donald Trump Net Worth: The net worth of US President Donald Trump is continuously increasing. Financial disclosures released last week revealed that Trump purchased at least $82 million, or $82 million, of corporate and municipal bonds between late August and early October. Some of these also include investment in selected sectors which are benefiting from his policy.
Value of bonds purchased by Trump
Documents released by the US Office of Government Ethics revealed that the maximum total value of all the bonds Trump has purchased is $337 million or more than $337 million.
Which companies bought bonds?
Trump’s purchased corporate bonds include many companies like Goldman Sachs, Morgan Stanley, Wall Street banks, chip manufacturing companies like Broadcom and Qualcomm, Meta, Home Depot, Usher Health. Apart from these, they have invested in bonds issued by municipalities, states, counties, school districts and other entities related to public agencies. Trump’s new bond investments span a variety of industries, including sectors that have already or are benefiting from his administration’s policy changes such as financial deregulation.
It was also learned that Trump made 175 financial purchases between August 28 and October 2. However, in these disclosures made under the Transparency Act of 1978, also known as the Ethics in Government Act, the exact amount for each purchase is not mentioned, but only a range is given. This financial data released last Saturday is also important because after assuming the office of President in January, he announced tariffs. There are allegations that his family has benefited from the trade war launched by Trump, which has increased his wealth.
Trump administration gave clarification
Before this revelation on Saturday, the Trump administration had said that Trump was going to make mandatory disclosures regarding his investments, but neither he nor his family members had any role in running this portfolio. It is being managed by a third party financial institution.
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