Why Donald Trump has more money than the Koch brothers… and they’re not getting rich
The Koch brothers are on a roll.
They’re worth about $100 billion, and the billionaires behind them have an even larger fortune.
Donald Trump is in the midst of his second presidential run, and with the GOP nominee’s popularity surging, they’re poised to have more cash than the rest of us by next spring.
But just how much money do the Kochs have?
We broke down the numbers to find out.
1.
Donald Trumps fortune The billionaire real estate developer and reality TV star made his fortune in the late 1970s and early 1980s as a real estate broker in Los Angeles, where he built a reputation for aggressively negotiating on behalf of big-name clients.
But he’s now more than $100 million richer than he was when he started his career in the real estate business, according to Forbes magazine.
Trump’s fortune rose significantly after the collapse of the housing market in 2008, according a report by the Center for Responsive Politics.
His net worth has grown steadily since then, even as his net worth declined over the years, according the report.
The center found that his fortune has grown by an average of $7.8 billion a year.
The Forbes magazine report, which used data from the Federal Reserve, showed that the Koch Industries, the Koch-funded think tank founded by Charles and David Koch, had a net worth of $8.6 billion at the end of 2017, while the Koch family had a $6.7 billion net worth at the time.
This graph shows the net worth for the Koch families.
Source: Center for Financial Services, Center for Economic and Policy Research, Forbes The rest of the Koch money goes to the Republican party, according its own filings.
In 2016, the Republican Party gave the Koch network $7,000,000 to spend in support of House candidates, according their tax returns.
Donald Trump, Jr. is listed as the executive director of the organization, which received $2,500,000 from the Koch foundation.
The Kochs’ network has contributed over $200 million to Republican candidates and committees, according an analysis by Bloomberg.
The Kochs also have given $2 million to Trump’s campaign, according his campaign’s filings.
2.
Donald is also the richest man in America The billionaire reality TV host is currently the richest person in the country, according Forbes magazine, with a net wealth of about $130 billion.
Trump has spent much of his time on the campaign trail promoting his brand of right-wing politics and the conservative ideals it espouses.
He has said he wants to make the country a more meritocratic place, and has said that he wants everyone to be able to have “a great education.”
Trump is currently spending a lot of time on his show, The Apprentice, and his net wealth has been growing every year since he began it in 1999.
He’s a billionaire, but not by a lot.
3.
They have some of the wealthiest people in the world Donald Trump and Charles Koch, who founded the Koch Brothers, have more money and influence than almost any other people in America, according The Center for Progressive Reform, a progressive advocacy group.
Their combined wealth exceeds $3.5 trillion, according data from Forbes.
Charles Koch is the second-richest person in America.
He made a total of $14.3 billion, according To The New York Times.
Donald and David’s combined net worth is about $3 billion.4.
Donald’s net worth grows every year Donald Trump, who is married to Marla Maples, a fashion designer, is worth $100.9 billion.
The billionaire, whose net worth was $100bn in 2017, is the ninth richest person alive according to the Forbes billionaires list.5.
Trump’s wealth is in part due to Koch donations Donald Trump donated nearly $1 billion to his campaign, which included $1 million from the Charles Koch Foundation, according Bloomberg.
There’s no denying Trump’s passion for his business, which he began in 1980 and has grown to be a multi-billion dollar business.
He’s also the most popular presidential candidate in the U.S. in the past decade, and he has won many of the GOP primaries.
He may be the most well-liked presidential candidate ever, according one poll, but there are plenty of others that make a much bigger impact.
They’re a huge part of his fortune.
Donald Trump and Marla in 2009.
Source Getty6.
Trump and the Koch fortune are mostly controlled by the same family Charles Koch and his brothers have a controlling interest in Koch Industries.
Trump owns nearly 70 percent of the company, according Capital Economics.
The two brothers, Charles and William, donated $100m each to Trump and his 2016 presidential campaign.
7.
They’ve raised a lot from their own fortune Donald Trump’s business holdings are not the only assets he’s invested in.
Koch Industries