President Trump is now worth more than $3 billion, according to a new report.
“The increase in Trump’s wealth reverses two years of decline and brings his net worth back to 2016 levels,” Bloomberg reported Tuesday.
The spike in the president’s net worth represents a 5% increase from last year and comes largely because of an increase in value to one of his company’s largest office building deals.
Since assuming the presidency, Trump has relinquished official control of his real estate and casino empire to his adult children.
Democrats have repeatedly cited Trump’s close ties to big business as a conflict of interest.
Most recently, ethics groups complained Trump’s companies stood to benefit from Tiger Woods receiving the Presidential Medal of Freedom.
Woods is designing one of Trump’s many Florida golf courses.
On the campaign trail in 2016, Trump touted his “very successful” business career, saying he would make an excellent deal-maker that always put American interests first.
