U.S. President Donald Trump is pictured at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Florida. Photo by AP |
Forbes reports that Trump’s net worth increased by nearly US$300 million following his presidential election victory on Wednesday, placing him as the 528th richest person in the world.
His wealth is primarily held in real estate, but he also owns golf courses, mansions, a winery, and a 1991 Boeing 757, affectionately known as Trump Force One.
Trump, aged 78, embarked on his career shortly after college, targeting Manhattan’s real estate market after leaving his native Queens and Brooklyn, according to The Mirror. He started with a US$1 million loan from his father and secured an additional US$100 million in bank loans with his father’s assistance. His acquisitions include the Grand Hyatt Hotel, Trump Tower, and Trump Plaza, contributing to a prosperous real estate portfolio.
Meanwhile, Time magazine, referencing the Sunday Times Rich Liststates that 76-year-old King Charles has an estimated net worth of US$772 million.
According to the same source, the king’s most valuable holdings include the Sandringham and Balmoral estates. The Sandringham estate, spanning 20,000 acres in the eastern part of the country, is valued at approximately US$315 million. The Balmoral estate features the Aberdeenshire castle and encompasses 50,000 acres of land, valued at around US$265 million.
Time magazine also noted that 42-year-old Prince William’s wealth, primarily derived from the Duchy of Cornwall, is estimated at 1 billion pounds (US$1.3 billion), per various sources. The Duchy encompasses more than 52,000 hectares, including farmland, residential, commercial properties, and coastline.
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