Trump’s Cash Stream Dried Up In 2020

When Donald Trump took the oath of office four years ago, the Trump Organization didn’t stop selling his properties. In 2017, it dealt $32 million worth of condos and land on his behalf. In 2018, it got rid of an estimated $53 million worth of real estate. In 2019, it ditched another $32 million of holdings. Then, in 2020, something strange happened: The president’s business seems to have sold almost nothing.

Sure, there were three units in Las Vegas, which generated $435,000 for Trump. And it’s possible there were other deals, but after reviewing hundreds of property records, Forbes didn’t find any. In previous years, the president offloaded New York City condos, but that didn’t happen in 2020. Nor did any sales of apartments in Chicago or lots in California.

As a result, one of the…

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