Nearly 20 years ago, Donald Trump told Fortune magazine that he could run for president and make money doing it.
“It’s very possible that I could be the first presidential candidate to run and make money on it,” he said in an interview in 2000.
But now that he’s president, the story is looking a bit different. A new report from Forbes concluded that the presidency has not enriched Trump overall: Measuring Trump’s net worth before he announced his run for the presidency in 2015 to the last two years, Trump’s fortune has dropped from $4.5 billion to $3.1 billion.
In a statement to the magazine, Eric Trump, who is co-managing the Trump Organization, said: “My father made a tremendous sacrifice when he left a company that he spent his entire life building to go into politics. Everything he does is for the good” of the American people.
n this “Trump, Inc.” extra, Charlie Herman talks with one of the Forbes reporters who looked into Trump’s finances, Dan Alexander, and how Trump could have saved millions (and prevented a lot of headaches as well).
Listen to the episode here.