Bloomberg reported that Trump Media & Technology Group's completion of a merger with Digital World Acquisition Corp (DAWC) for listing has caused former President Donald Trump's net worth to increase by more than 4 billion USD after just one day, standing at 6.5 billion USD.
While Trump faces a deadline of more than $500 million in civil enforcement guarantees in a lawsuit in New York state as of March 25, the state's appellate court has reduced the guaranteed amount to $175 million.
SCMP has compiled some of Mr Trump's assets and income based on court records and federal financial disclosure.
Cash
Mr. Trump said in a post on the social network Truth Social on March 22 that he had nearly 500 million USD in cash. In a statement in April 2023 to New York Attorney General Letitia James, Trump said he had "more than $400 million in cash".
That number has increased compared to Mr. Trump's previous revelations. The financial statements on June 30, 2021 that Mr. Trump submitted to the court showed that he had cash and cash equivalent to $293 million at that time.
Mr. Trump has a variety of income sources - according to the financial disclosure form submitted to the federal government in August 2023.
In 2022, Trump reported at least 537 million USD in revenue related to golf courses and hotels; 30.4 million USD in licensing fees and royalties; 26.5 million USD in management fees and 61.1 million USD in dividends from him in buildings such as the 1290 Avenue of the Americas office tower in New York.
Mr. Trump also earned $6.2 million from his lectures and $116,103 in pensions from the Screen Actors Association and the broadcast and Radio Artists Federation.
In addition, he reported the proceeds of $268.7 million from the hotel in Washington, D.C., including the profit from the sale of real estate and nearly $1 million from the sale of the two helicopters.
Real estate
Former President Donald Trump owns hotels, office buildings, residential buildings, golf courses and real estate. The June 2021 financial report listed some of his most valuable assets, including 40 Wall Street, an office building in New York, Trump Tower in Manhattan and Mar-a-Lago resort in Palm Beach, Florida.
The financial report said his assets were worth $4.3 billion at the time, while he owed a total of $439.2 million in loans and other debts. The report said his net worth is $4.5 billion.
Among Mr Trump's major assets, golf clubs and other clubs worth $1.76 billion, buildings in New York such as Trump Tower and Trump Plaza worth $524.7 million and $23.4 million, respectively, his stake in two buildings jointly owned by Vornado is worth $645.6 million.
In the New York lawsuit, the judge said Trump had exaggerated the value of some of those assets over the years, including inflating the value of the 40 Wall Street building to $120 million in 2015 and exaggerating the value of Seven Springs, a property in New York's Westchester district, to $147 million in 2014.
The judge also called Mr. Trump's valuation of the Mar-a-Lago mansion a "fraud" when exaggerating the value of this mansion to 2,300% compared to the tax appraiser's valuation.
Truth Social Social
Trump Media & Technology Group's completion of a merger with Digital World Acquisition Corp (DAWC) will see the company's stock officially listed on the stock market and the billion-dollar stock on the paper officially included in Mr. Trump's net asset value.
Mr. Trump's stake in the company is worth about 3.6 billion USD and his stake ratio can range from 58% to 69%.
