Donald Trump's Property Asset Values Dropped During The COVID-19 Pandemic

Donald Trump di Trump International Golf Club Florida. (Sumber: WIkimedia Commons)

JAKARTA - Former American President (US) Donald Trump is known to have a number of assets in the form of property. Not just assets, but these properties are one of the coffers of his wealth.

Like business in general, it has been affected by the COVID-19 pandemic over the past year. Trump's property business was also affected. In the financial statements on his last day as president last Wednesday, a number of his assets were known to have decreased incomes.

For example, the Trump International Hotel in Washington DC, which only generated US $ 15.1 million in revenue last year and the first three weeks of 2021, or a 62.7 percent decrease compared to 2019.

Trump's Las Vegas property also experienced a 60.5 percent drop in revenue to $ 9.2 million. Meanwhile, the Trump National Doral Golf Course in Florida also experienced a 42.7 percent drop in revenue to 44.2 million, according to Reuters.

Mar-a-Lago is a different matter in Palm Beach, Florida, where Trump is said to be staying after leaving the White House. The value of this building has increased by 13 percent from year to year, as it is often used to entertain state guests, foreign officials and political allies. Its current value is 24.2 million US dollars.

US Presidential Helicopter Marine One in Mar-a-lago. (Source: Wikimedia Commons)

This financial report is considered important, because Trump has the status of president and is also a billionaire entrepreneur. Moreover, he was also reluctant to share information about the amount of tax returns he received. In fact, that was a common thing the previous president had done.

In the 79-page financial report, everything related to Trump is explained in detail. Starting from his varied property ownership, the amount of his pension as a member of the Screen Actors Guild, to a number of prizes he received while in office. Like the Ultimate Fight Championship champion belt, valued at $ 650, from Colby Covington.

Including the burden or obligation to be paid by Donald Trump, the value is quite large, where there are five separate credit notes with a value of up to 50 million US dollars each. Most of them will mature in the next four years.