Has Donald Trump's net worth been impacted negatively by third indictment? You may be surprised...

Donald Trump, the former US President and currently the frontrunner for the Republican primaries ahead of the 2024 US Election, has made his appearance at a courthouse in Washington DC overnight to enter his plea regarding charges of trying to overthrow the results of the 2020 Presidential election, fairly won by Joe Biden.

In the short arraignment, Trump pleased “not guilty,” while also confirming his name and age, and that he was not under the influence of any substances. Trump entered through a backdoor of the courthouse on Thursday afternoon in the centre of the nation's capital, just yards from the scene of the US Capitol riot that is central to the prosecution's case.

It marks the third appearance in four months for Trump as a criminal defendant, after his legal battle with journalist E. Jean Carroll and his current woes regarding confidential material being stored at his Mar-a-Lago residency. Trump, defiant as ever, has pleaded not guilty on all occasions and has used the legal issues to, somehow, rally even more support for him as the next US President.

But among all the charges of an insurrection, an obstruction of Congress, abuse of power, defamation and the gamut of legal issues Donald Trump has faced, has any of it had a severe impact on his net worth throughout the timeframe of each event? 

With the myriad of names that he’s received from both sides of the political spectrum, is it really a case that to truly hurt Donald Trump, it’s a case of hitting him where it hurts - his financial portfolios and assets? PeopleWorld takes a look if Donnie truly is “Teflon.” 

Have any legal issues had an effect on Donald Trump’s net worth?

The information provided regarding the numbers has been sourced through Bloomberg’s “Billionaire Index” and is correct as of writing.

Impeachment #1 - Abuse of power, Obstruction of Congress (2019)

In 2019, Donald Trump, the 45th President of the United States, was impeached by the House of Representatives on two articles: Abuse of power and Obstruction of Congress. The first article accused him of pressuring Ukraine to investigate his political rival, Joe Biden, using military aid as leverage. The second article charged him with obstructing Congress by refusing to cooperate with the impeachment inquiry. 

The Senate acquitted Trump on both charges, and he remained in office, and “Teflon Don” didn’t see a hit to his net worth after the acquittal. 

• Net Worth before: $2.97 billion USD
• Net Worth after: $2.97 billion USD
• Difference: 0

Impeachment #2 - Incitement of insurrection (2021)

In 2021, Donald Trump was impeached for the second time, charged with "Incitement of Insurrection." The impeachment stemmed from the January 6 attack on the U.S. Capitol by his supporters, who aimed to overturn the 2020 election results. The article of impeachment accused Trump of inciting the attack through his false election claims and his speech urging supporters to "fight like hell." 

He was impeached by the House of Representatives but acquitted by the Senate in February 2021, marking the first time a president had been impeached twice. The events highlighted the nation's deep divisions and the power of political rhetoric.

On this occasion, within the time frame before and after the impeachment, Trump did see his net worth drop by $120 million USD.

• Net Worth before: $2.45 billion USD
• Net Worth after: $2.33 billion USD
• Difference: -$120 million USD

Indictment  - January 6 insurrection case (2023)

Between Election Day in 2020 and January 6, 2021, Trump orchestrated an extensive campaign to undermine Joe Biden's victory in the presidential election. Spreading false claims of voter fraud, Trump and his advisors urged Republican state officials to challenge the outcomes in states won by Biden. The culmination of efforts unfolded on January 6, as a mob of Trump supporters stormed the Capitol, disrupting the peaceful transfer of power. 

Led by special counsel Jack Smith, federal prosecutors have subsequently charged Trump with four federal offences related to his endeavours to derail the transition of power. This investigation followed the House Select Committee's referral of Trump and lawyer John Eastman to the Justice Department for potential prosecution, eventually leading to a grand jury indictment on August 1, 2023. 

Yet, despite his latest indictment, somehow (according to Trump and estimates from Bloomberg), he’s managed throughout the duration of the inquiry to have amassed $170 million USD in the time frame from the completion of the inquiry to yesterday’s arraignment.

• Net worth before: $2.33 billion USD
• Net worth after: $2.5 billion USD (estimate)
• Difference: + $170 million