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According to Forbes, former President Donald Trump’s net worth is estimated at $7.5 billion.
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The entire Trump family could be worth more than $8.6 billion, including the reported net worth of the Trump children.
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The Trumps spend their money lavishly, from a large real estate portfolio to an airline fleet and designer clothing.
According to a May 2024 Forbes report, former President Donald Trump’s net worth is currently estimated at $7.5 billion.
Not to mention the individual net worth of his adult children: $25 million each for both Donald Trump Jr. as Eric Trump, according to Forbes; and a reported $10 million for Tiffany Trump, according to Celebrity Net Worth. Ivanka Trump, who runs her own business, has the largest net worth of any child. She and her husband Jared Kushner are estimated to be worth about $1.1 billion, as best shown by ethics filings that reflect the couple’s real estate holdings and additional investments.
Combined, this means the entire Trump family fortune could well exceed $8.6 billion.
From expensive penthouses and expensive education to luxury shops and an entire airline fleet: this is how they spend their money.
Donald Trump’s net worth is currently estimated at $7.5 billion.
Source: Forbes
According to his public financial report, he earned somewhere between $597,396,914 and $667,811,903 between January 2016 and the spring of 2017.
Source: Business Insider, Center for Responsible Politics
Nearly $5.7 billion of Trump’s wealth comes from his branding businesses – an estimated $5.6 billion from the Trump Media and Technology Group, and $59 million from the Trump Hotel Management & Licensing Business.
Source: Forbes
And according to Forbes, $413 million of Trump’s net worth consists of cash and liquid assets.
Source: Forbes
Before he was elected to the White House, Trump spent $66 million of his own money on his presidential campaign, according to campaign finance disclosures reviewed by Reuters.
Source: Fortune
Trump often traveled with his enormous fleet of aircraft during his campaign. He reportedly bought a Boeing 727 for $8 million at the time, then replaced it in 2010 with a Boeing 757 that he bought from Microsoft’s Paul Allen for $100 million.
According to the New York Times, it burns fuel at a rate of thousands of dollars per hour.
Source: The New York Times
Trump also owns a Cessna jet, which was reportedly worth $15.3 million when new and had a retail value of $3.2 million in 2016.
Source: The New York Times
Collectively, Trump’s fleet of two planes and one helicopter is valued at $15 million.
Source: Forbes
Trump has an affinity for Brioni suits, which range from $5,250 to $6,900. While the brand provided him with suits during “The Apprentice,” he started paying for them during his 2016 presidential campaign.
Source: Business of Fashion
Melania Trump also has a penchant for expensive fashion. She’s been spotted wearing everything from a $2,095 Givenchy cape dress to an International Red Cross Ball to a $7,995 Monique Lhuillier sequin dress to a White House Historical Association dinner. And then there’s the time she donned a $52,000 Dolce & Gabbana jacket.
Source: Cheatsheet, Cheatsheet
On several occasions, the former first ladies also wore more casual and affordable brands, such as Converse, which retail for under $50.
Source: Business Insider
Melania has had her own makeup artist, Nicole Bryl, who once told US Weekly about Melania’s plans to have a “glam room” in the White House. She also has a hairstylist who makes house calls and travels with her.
Source: Cheat sheet
Melania has said that she is a full-time mother and that she refuses to spend money on a nanny. In 2013, she told ABC News that she dressed her son, Barron, in suits and moisturized him with her brand’s Caviar Complex C6 moisturizer. He was then seven years old.
Source: Business Insider, ABC News
In New York, Barron attended Columbia Grammar and Preparatory School, which can cost as much as $59,000 a year. While living in the White House, he attended St. Andrew’s Episcopal School in Maryland, which can cost up to $47,000 a year. He later attended Oxbridge Academy in West Palm Beach, Florida, near his father’s Mar-a-Lago club.
Source: Cheat sheet, The Washington Post, CNN
All three lived in the swanky $50 million penthouse in Trump Tower in New York before moving to the White House in 2017. Trump has reportedly said the penthouse is 33,000 square feet, but city records show it is actually 10,996 square feet.
Source: Forbes
The Trumps also have properties in sunnier climes, including Le Chateau Des Palmiers in St. Martin, worth $11 million.
Source: Business Insider
They also have a 39,000 square foot mansion in Bedford, New York called Seven Springs, for which they reportedly paid $7.5 million. The home, which is used for family getaways, is reportedly worth about $30 million.
Source: Business Insider, Business Insider
Then there are the two homes in Sterling, Virginia, which are worth a combined $2 million – and his properties in Palm Beach, which are worth a combined $325 million.
Source: Business InsiderPalm Beach daily news
And then there are its golf courses and clubs, worth an estimated $810 million, in the US, Scotland and Ireland.
Source: Forbes
That includes the estimated $325 million Mar-a-Lago, a 17-acre estate in Palm Beach that Trump reportedly bought for $10 million. It has 58 bedrooms, 33 bathrooms, 12 fireplaces and three bomb shelters.
Source: Business Insider, Forbes
Donald Trump Jr. also owns real estate in Manhattan. He bought two condos in the Sovereign for $1.5 million and $1.125 million, Town & Country reported. The publication speculated that he combined the two apartments.
Source: City & Country
Eric and Donald Jr. are big game hunters, which can be very expensive. A 14-day white rhino hunt can cost $66,790.
Source: USA Today
Meanwhile, Ivanka Trump is busy building her own empire. She earned at least $13.5 million in income between January 1, 2016 and May 31, 2017, according to forms released by the White House. More than five million dollars came from her eponymous brand, more than two and a half million dollars from the Trump Organization and almost eight hundred thousand dollars for book and TV work.
Source: CNN
Some media reports speculated that Ivanka Trump and Jared Kushner’s 2009 wedding at Trump National Golf Club cost them at least $1 million.
Source: Cheat sheet
The couple’s combined assets could be worth at least $1.1 billion, according to ethics documents.
Source: CNN
That includes a $25 million art collection.
Source: CNN
Once Trump settled into the White House, Ivanka and Jared moved to Washington DC, where they lived in a $5.5 million home in the upscale Kalorama neighborhood.
Source: Town & Country, New York Times
Like her stepmother, Ivanka also steps out in a mix of high-end and fast fashion, from a $6,280 Oscar de la Renta dress and coat to an $870 Roksanda dress and a Victoria Beckham for Target dress from $35.
Source: W Magazine
Tiffany Trump’s education has always been paid for by Donald Trump, according to a source who spoke to People Magazine. She attended the University of Pennsylvania for a bachelor’s degree and graduated from Georgetown Law School in 2020, which costs more than $80,000 per year for the full-time JD program.
Source: People, The Washington Post, Georgetown Law School
She has been spotted wearing $725 Aquazarra shoes and has worn couture designer Daniel Basso – whose dresses can cost thousands of dollars – several times to formal events.
Source: TeenVogue
Tiffany Trump married businessman Michael Boulos in November 2022 at her father’s Mar-a-Lago club in South Florida. Her engagement ring was reportedly worth $1.2 million.
Source: Insider
There is debate about the extent of Trump’s philanthropic efforts, but in 2009 he and Melania donated $5,000 to $9,999 to the Police Athletic League of New York City. He also donated $1 million of his own money to Hurricane Harvey relief in 2017.
Source: The New Yorker, GOBanking Rates, The Washington Post
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