Donald Trump is a man of many trades, real estate mogul, presidential candidate, and wall street shark? His stock market portfolio “went up in a relatively short period of time” and he supposedly made $27 millions to add to his $362 million annual income as of 2014. You may be wondering how did he make so much money so quickly, well he invested in 5 major companies that did very well in the past few years, they are Bank of America, Facebook, Boeing, Apple, and Best Buy.
He invested just under $ 5 million dollars in Bank of America with each share coming to about $7.00, and he just sold his shares for a total of $11 million, that is just over $16.00 a share. Boeing shares were sold for $137.40 and Donald Trump had bought 65,000 shares for $76.40, that is a $3.96 million profit. Donald Trump took advantage of Facebook’s all time low in 2012 by buying their stocks at $19.35 a share, when he later sold his investment he made $5.79 million but if had held out until Wednesday he would have sold each stock at $89.76 a share. Donald invested $1.99 million into Best Buy and sold for $4.23 million giving him a $2.24 million dollar profit. Donald profited the least from Apple with his earning only coming to $1.11 million.
You may be thinking what does Donald Trump does with all that income, well he buys a Boeing 757. Lets see in the coming years if he makes another great play in the stock market and makes even more millions.
Matthew, an Innkeeper at the American Guest House, A Washington DC Bed and Breakfast