Trump’s estimated net worth dropped by $600 million following new tariffs that sparked market turmoil, according to Forbes. Trump Media and Technology Group fell 8% in three sessions, cutting $170 million from his stake. Commercial property losses added about $90 million, while golf and hospitality assets also lost value as investor anxiety hit leisure markets. Residential real estate and crypto-linked assets contributed further losses. Tariff-driven market chaos is hurting Trump’s wealth by driving down asset prices tied to consumer spending and confidence.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Trump's estimated net worth dropped by $600 million following new tariffs that sparked market turmoil, according to Forbes.
00:09Trump Media and Technology Group fell 8% in three sessions, cutting $170 million for his stake.
00:14Commercial property losses added about $90 million, while golf and hospitality assets also lost value as investor anxiety hit leisure markets.
00:22Presidential real estate and crypto-linked assets contributed further losses.
00:26Tarant-driven market chaos is hurting Trump's wealth by driving down asset prices tied to consumer spending and confidence.
00:33For all things money, visit Benzinga.com slash GSTV.