Trump’s Business Empire Is Worth at Least $1.2 Billion Since He Left Office

(Bloomberg) — Former President Donald Trump values his business empire at a minimum of $1.2 billion, a federal document released Friday showed, as he cashed in from speaking engagements and ventures such as digital trading cards after he left office.

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His empire generated at least $282 million over 2021 and most of 2022, according to the 101-page financial disclosure report filed with the Federal Election Commission as he campaigns for the 2024 Republican presidential nomination.

Exact figures are difficult to ascertain — both because many of Trump’s holdings are in illiquid real estate assets and because federal disclosures require reporting only in broad ranges, with the top one over $50 million. There were 19 assets Trump valued in that range, including his golf clubs in Virginia and Turnberry, Scotland.

Still, the filing showed that Trump, who highlighted his business experience during his first White House campaign, remains a wealthy man and has found ways to profit from his political career during his post-presidency. He made as much as $1 million from selling the digital trading cards featuring cartoon images of him in superhero poses.

The value of his holdings in Trump Media & Technology Group Corp., the parent company of his Twitter-like Truth Social website, was $5 million to $25 million. Trump owns 90% of the company, which is seeking regulatory approval to be acquired by the blank-check company Digital World Acquisition Corp.

Trump didn’t disclose those who paid him more than $5 million in speaking fees. In 2016, he criticized his Democratic opponent, Hillary Clinton, for earning millions for giving speeches to corporate clients such as Goldman Sachs Group Inc., payments she made public. Candidates are required to disclose any source paying them $5,000 or more during the filing period.

Trump listed debts totaling at least $225 million. That included mortgages of more than $50 million he took on Trump Tower in New York and Trump National Doral in Florida in 2022 from Axos Bank. He paid off at least $165 million in debts, including loans from Deutsche Bank on Trump Tower and the former Trump International Hotel in Washington, which he sold.

Melania Trump, who made little outside income while she was first lady, has also fared well after leaving the White House. She reported between $1 million to $5 million through royalties from her modeling career and from a line of

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How Green for Life’s CEO built a garbage empire

If Patrick Dovigi, one of Canada’s wealthiest people, cowered in the face of risk, his life would be far different.

He would not have ventured far from his hometown of Sault Ste. Marie at age 14 to chase a professional hockey career, or left a job in investment banking at just 27 to start a garbage-pickup enterprise. And he certainly would not have bought out an astronomical 220 companies en route to building Green For Life Environmental, now ranked by some measures as the fourth-largest waste management operation in North America.

The 43-year-old’s life has been punctuated by a series of big-time gambles that would make even the hardest of poker players wince; perhaps the largest of all was taking on more than $9 billion in debt to run a company responsible for much of Canada’s garbage and environmental services. But where the less-assured see the prospect of failure, Dovigi sees the potential for success.

On the balance sheets of Dovigi’s Toronto-based behemoth company, which operates in all 10 provinces and 26 states, that upside is a market capitalization of approximately $17 billion.

It’s also an estimated personal net worth of more than $1 billion, a private island in Muskoka near lake Joseph that he accesses via seaplane, and, until it was recently sold, a 75-metre yacht called Lady Jorgia that was named after his youngest of five children and was valued at approximately $90 million.

In 15 years of business, focusing on growth instead of balking at risk has clearly worked for GFL’s CEO and president.

Today he focuses more on what he’s chasing — recently, an aggressive foray into recycling technologies — rather than what might be chasing him: company debt levels that are more than double the industry average at a time when rates are as high as they have been in GFL’s lifetime. And yet the looming threat of a recession does not appear to faze GFL’s leader.

“I don’t have fear, generally,” said Dovigi, sitting in his home in Florida, where four of his children have been attending school since the pandemic. “If you decide wrong, you learn. And that’s better than standing still and not making a decision at all — my parents instilled that in me.”

Dovigi, the son of Italian immigrants, credits his fearlessness to long hours spent blocking pucks hurled at him by his father, Fred, on the family outdoor rink

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Creative Business Ideas To Construct Your Empire

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  • One of my associates does organizational consulting for small to mid-sized companies and he expenses as a lot as $1,000 an hour.
  • And, as with many things, you presumably can organize
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Inventive Business Ideas To Construct Your Empire

These include well-liked websites like Udemy, Skillshare, and Coursera. These platforms will host and market your course to their huge audiences, however they’ll management your student’s information, design parts, and pricing—plus, they usually take an enormous minimize out of your profit margins. Your worth as a advisor comes from what you’ve achieved or learned the means to do. While you’ll be able to go and begin a consulting business tomorrow, you’ll have to have spent months and years gaining training and hands-on experience for somebody to wish to pay you as a advisor. Consulting is a low-cost startup idea to kick off since you don’t need something to get started.

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  • Accounting, e mail, ads, project management—you want a whole tech stack to run your corporation.
  • Take a look at some case studies of companies that use the AppInstitute app builder to see the value an app can ship for a huge vary of small companies.
  • Once you create it, the problem is to take care of it, which isn’t an easy task.

You might then supply them a proposal that includes explanation why they should change their supply chain to make use of your providers. Despite this, the ideas we have listed right here allow you to create an income from home. And fortunately, with advances in technology, it is simpler and more inexpensive to launch any business of your alternative from house.

An Organization Looking To Create A Extra Open And Transparent Online Auction Marketplace

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Business Ideas

If you want to write CVs on a contract basis, … Read more

Inventive Business Ideas To Construct Your Empire

The country has the opportunity for development throughout the tourism industry as a few of its local political and war-related tensions have calmed over the years. If you are working from home, you could be a freelance graphic designer. You’ll work with some superb, creative people while having the specified flexibility in your profession. As a self-employed graphic designer in Pakistan, you have to be versatile.

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A espresso shop or tea salon can be a worthwhile and fun business. But with all of the competitors on this area today, you have to fastidiously suppose out this business earlier than you begin it. Just being good to prospects and dealing hard just isn’t sufficient to guarantee success. This business is a natural for digital advertising as a result of you can really goal your most likely customers – homeowners of excessive end cars. Executive transportation companies may be one other chance. You also can do some guerilla advertising – stroll around parking heaps and stick a brochure or your business card on the windshield of sports and luxurious automobiles.

The Way To Give You Hundreds Of Business Ideas

Your actual profitability in any business will be largely decided by how nicely you propose, start and run the business. Even although you could be a extremely experienced advisor you still ought to provide you with an in depth business plan. In your plan clearly spell out the worth proposition that you are going to supply purchasers and the way you are going to get the word out. There are every kind of how to show images right into a business. You can do portrait images, commercial shoots for companies, real estate photography, or wedding photography.

  • To help get your small business going, start streaming the programs on BusinessTown together with Start-a-Business a hundred and one and How to Create a Business Plan.
  • It’s value testing as a complement to dropshipping if you already know what you wish to promote.
  • According to Sarah Jones, who says she earns as a lot as $20,000 a month as a courting consultant, one of the necessary issues when beginning out is positioning your business.
  • Once you’ve obtained one market stall successful running, you can start hiring part-time workers to run a stall through the weekend and begin increasing to a quantity of stalls or markets relying on demand.

The SWOT framework may be constructed in list … Read more