The new American President Elect "Donald Trump" will be paid just $1

The billionaire businessman says he won't take the presidential $400,000 salary when he takes office in January.

Donald Trump will be paid just $1-a-year to be President of the United States, he has revealed.

The billionaire businessman will not take the $400,000 salary when he takes office in January.

Instead, he will take a nominal $1 as required by law.