Donald Trump to forfeit $400000 annual salary as President

News of Trump's victory in the USA presidential election on Tuesday shocked the world and while some welcomed the news, there were protests and riots in cities across America.

"Look, I would cut all ties". "My kids will run it. I have a chance at making America great again; that's the whole focus".

During a campaign appearance in Rochester, New Hampshire, last October, the billionaire told a crowd he would not be accepting the $400,000 annual salary if he became president. "I'm totally giving up my salary if I become president", Trump said in a Twitter video previous year from the NY headquarters of the social media site. Trump said. "That's no big deal for me".

Prior to his election victory, Mr Trump has insisted he will not "take even one dollar" of the $400,000 presidential salary.

He reiterated the claims in a Twitter Q&A later that month.

Although he has not yet officially commented on the issue of his presidential salary since winning the election, a number of media outlets have published stories detailing how Trump will not draw a salary while in the Oval Office.

Again, Trump confirmed that he would refuse to take a salary.

Someone on Twitter asked Trump in a Q & A session, a video of which was posted on Trump's Twitter account on September 21, 2015: '@realDonaldTrump, will you forgo the presidential salary if elected?' Mr Trump is worth an estimated net $3.7 billion, according to Forbes. Herbert Hoover, who became president in 1929, after making million of dollars in mining and John F Kennedy, who came from a rich family, before becoming the United States president, both had donated their presidential salaries to charities.

But the president-elect's first change could happen on day one, if he fulfills an early campaign promise.

Herbert Hoover, who made millions of dollars in mining before becoming president in 1929, and John F. Kennedy, who came from a wealthy family and became president in 1961, both donated their presidential salaries to charity.

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