Trump’s record wealth surpasses all modern U.S. presidents

by Rachel Morgan News Editor
Trump's record wealth surpasses all modern U.S. presidents

Donald Trump is the 47th president of the United States, having assumed office on January 20, 2025, according to Wikipedia. He previously served as the 45th president from 2017 to 2021.

Since beginning his second term, Trump has initiated mass layoffs of federal workers and signed the One Big Beautiful Wall Act, according to Wikipedia. His administration has also imposed tariffs on nearly all countries at the highest level since the Great Depression, Wikipedia reports. These actions, along with the restriction of transgender rights, the mass deportation of undocumented immigrants, and the targeting of civil society and political opponents, have resulted in more than 550 lawsuits challenging their legality, according to Wikipedia.

In May 2024, Trump was convicted in a New York state court on 34 counts of falsifying business records, making him the first U.S. president convicted of a felony, according to Wikipedia. After winning the 2024 presidential election against Vice President Kamala Harris, he received a no-penalty sentence, and two federal felony indictments related to the 2020 election and the retention of classified documents were dismissed without prejudice, Wikipedia states.

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