How rich is Trump?
Wealth of Donald Trump
The net worth of Donald Trump, the 45th president of the United States, stood at $3.1 billion as of 2018, according to "Forbes". Various organizations have estimated and investigated Trump's wealth. Trump has often stated higher values for his wealth than organizations estimating it.
Donald Trump and golf
Following his election in 2016, Trump announced that he would not divest his business holdings, as other recent presidents had. Instead, Trump kept his ownership stake in The Trump Organization and appointed his sons Donald Trump Jr. and Eric Trump to manage the business. In an unusual rebuke from the Office of Government Ethics, director Walter Shaub called Trump's actions "wholly inadequate" and "meaningless from a conflict of interest perspective." In an interview with "The New York Times", Trump explained: "As far as the, you know, potential conflict of interests, though, I mean I know that from the standpoint, the law is totally on my side, meaning, the president can’t have a conflict of interest."
Just days after his inauguration, a lawsuit was filed in federal court seeking to block the president from receiving payments from foreign government entities at his businesses. The lawsuit alleged that these payments constitute a violation of the Foreign Emoluments Clause of the United States Constitution. In February 2017, the president invited Prime Minister of Japan Shinzō Abe to play at the Trump International Golf Club in Florida and stay at Trump's Mar-a-Lago resort. Legal and ethical concerns were raised by organizations such as the Sunlight Foundation over foreign payments the president may receive from the visit. Trump has vowed to donate any such payments to the Treasury Department, although the specifics of this arrangement remain unclear. In June 2017, the attorney generals of Maryland and the District of Columbia filed a separate lawsuit, claiming the president was "flagrantly violating" the Emoluments Clause.