Trump's empire generated $ 2.4 billion in sales during his tenure

Former US President Donald Trump's empire generated $ 2.4 billion in sales during his tenure. The Trump organization earned around $ 650 million in the first three years of his presidency, as the business magazine "Forbes" reported. However, the ex-president's last year in office was overshadowed by the corona pandemic. As this hit the hotel industry particularly hard, Trump's revenue fell to an estimated $ 450 million. Trump, as is well known, refused to part with his companies - an unprecedented step for a US president. The businessman remained the owner of his company, but asserted that he had passed the management over to his two sons. Although this procedure was entirely legal, many experts warned that it would not go far enough. "Actually, I could run my business and run the government at the same time," Trump said at the time. "I would be able to do this if I wanted to. But I don't like the way it looks." The Trump empire includes several high-rise buildings and hotels. Most of the sales - around $ 940 million - were made by Trump's clubs and golf courses. The fact that the former president used many of these properties himself during his tenure was always highly controversial. The US government is said to have paid at least $ 2.5 million for rooms and meals to the Trump organization in 2020 alone, as reported by the Washington Post. Trump uses his own hotels as US President not only for private purposes, but also for summit meetings with foreign officials such as Chinese President Xi Jinping and Japanese Prime Minister Shinzo Abe. He usually greeted her at Mar-a-Lago, a club in Palm Beach, Florida. "Forbes" writes further that the net worth of the ex-president has decreased significantly. In 2016, the year of his election, the industry magazine estimated his fortune at 3.7 billion dollars - currently it is said to be 2.4 billion dollars.