The President-Elect and a Billionaire Businessman Donald Trump has taken a positive step ahead after his victory in the US General elections. Donald Trump, the New U.S. president said on Thursday last week (When he was the Presidential Nominee of Republicans) that he does not want the annual salary that comes with the White House job and would turn it down if elected.
An amount of $400,000 is credited to the United States President on yearly basis for performing his duties as the state leader. Many people have appreciated Trump’s remark of accepting any salary for performing his duties.
Trump, who was the front-runner for the Republican nomination in the 2016 race despite having no political experience, was asked at a town hall-style meeting in Rochester, New Hampshire, if, as president, he would roll back generous pension and healthcare benefits given to members of Congress.
“The first thing I’m going to do is tell you that if I’m elected president, I’m accepting no salary, OK?” Trump said. “That’s no big deal for me.”
However, Trump doesn’t even need any salary as he is a successful businessman and also owns a great worth to his name. Donald Trump built his fortune as a developer, real estate mogul and reality television personality, was listed on Thursday at No. 405 on Forbes magazine’s list of the world’s billionaires, with a fortune of $4.1 billion.
Shortly after announcing his candidacy in June, Trump said his net worth was more than $10 billion. Although it is no new in US History as earlier Herbert Hoover, who made millions of dollars in mining before becoming president in 1921, and John F. Kennedy, who came from a wealthy family, both donated their presidential salaries to charity.