Donald Trump is worth billions — here’s how the former president has spent his cash

Donald Trump was the 45th president of the United States.
Donald Trump was the 45th president of the United States.

  • Donald Trump was the first billionaire to enter the White House when he became the 45th President.
  • Forbes estimates he is worth $ 3 billion, with a property empire including Mar-a-Lago in Florida. 
  • Other assets he controls include hotels, office buildings, and golf courses. 

Donald Trump went from real-estate magnate to reality-TV star to being elected the 45th president of the United States.

Worth $ 3 billion, according to a Forbes tally of all the assets Trump owns, he is the first billionaire to enter the White House.  

Trump's fortune mainly stems from his property-and-hospitality businesses.

On Wednesday New York's attorney general filed a sweeping civil suit against Trump, his business, and his three eldest children. Letitia James said Trump "falsely inflated his net worth by billions of dollars" and "repeatedly and persistently manipulated the value of assets to induce banks to lend money to the Trump Organization."

Here's what Trump's portfolio of golf courses, luxury cars, hotels, yachts, a vineyard, and aircraft looks like.

Katie Canales and Katie Warren contributed reporting to a previous version of this article.

Donald Trump, 76, is worth an estimated $ 3 billion, according to Forbes, after falling by $ 1 billion during the pandemic. His holdings include several golf courses, hotels, luxury cars, yachts, a vineyard, planes, and helicopters.

trump tower

The former president's fortune peaked in 2016, when he was worth an estimated $ 4.5 billion.

His wealth is centered around his commercial-real-estate holdings, which were worth an estimated $ 1.9 billion before the COVID-19 pandemic and after deducting debt, per Forbes.

While running for the presidency, Trump spent $ 66 million of his own money to help fund his campaign, according to campaign-finance disclosures examined by Reuters.

Trump Meadows
Trump was the first billionaire to become a US president and donated his annual salary of $ 400,000.

Donald Trump
Trump's New York City properties account for more than $ 1 billion of his net worth, per Forbes.

Trump Tower from a low angle.
Revenue sources include licensing, branding, golf resorts, and the Central Park ice-skating rink.

central park ice rink

Source: Business Insider

The Trump Tower penthouse was the 45th president's main residence before moving to Washington, DC. It is valued at $ 50 million, according to Forbes.

trump tower

Source: Forbes


Trump companies own at least 14 properties in New York City, including, from left to right, Trump World Tower and Trump Tower. Forbes estimated his NYC portfolio to be worth $ 960 million.

A collage of both Trump World Tower and Trump Tower.

Source: The Trump Organization, Forbes

Trump owns properties in Palm Beach, Florida, including Trump Grande, Trump Tower Sunny Isles, and Trump Hollywood, according to the Trump Organization's website. They are worth an estimated $ 25 million, according to Forbes.

donald trump palm beach home

Source: Forbes

Forbes estimated that Trump Organization-owned Mar-a-Lago was worth $ 350 million. The President has used the private-members' club as his main residence since leaving the White House.

Aerial shot of Donald Trump's Mar-a-Lago home in Palm Beach, Florida.

Sources: Business Insider, Forbes

Trump also owns an estate on the Caribbean island of Saint Martin called Le Château des Palmiers. It's on the market for $ 15.5 million.

st. Martin

Sources: Business Insider, Sotheby's

The former president also owns residential properties in New Jersey, Connecticut, Hawaii, Illinois, and Nevada, as well as Europe, Asia, and South America.

Trump International Hotel and Tower in Chicago.

Source: The Trump Organization

Trump's assets also include hotels in Florida, Hawaii, Illinois, Nevada, Virginia, and New York, as well as Ireland and Scotland.

Trump's Doonbeg property in Ireland.

Source: The Trump Organization

Trump owns 19 golf courses and played golf almost 300 times during his presidency, according to the website Trump Golf Count.

Trump LIV Golf

Source: Trump Golf Count, GAO

Aside from his real-estate portfolio, Trump has a penchant for aircraft and luxury cars. He owns five aircraft and a variety of cars, from a Rolls-Royce Silver Cloud to a Mercedes-Benz 3600, according to The Washington Post.

Trump's Rolls-Royce Silver Cloud.
Trump's Rolls-Royce Silver Cloud.

Source: The Washington Post

Trump also bought his wife Melania Trump a $ 455,000 SLR McLaren, the Washington Post reported.

slr mclaren

Source: The Washington Post

Trump bought his Boeing 727 — nicknamed "Trump Force One" during his 2016 election campaign — from billionaire Paul Allen in 2010 for $ 100 million. The aircraft costs thousands of dollars an hour to fly, per The New York Times.

Trump's personal 757 airplane.

Source: New York Times

Trump also has a Sikorsky S-76 helicopter that costs between $ 5 million and $ 7 million.

Trump Helicopter

Source: Wired

In 2013, Trump spent $ 60,000 to buy a portrait of himself by the artist William Quigley. In 2019, Trump's former lawyer, Michael Cohen, accused him of paying for it with money from the Donald J. Trump Foundation charity.

Donald Trump; Michael Cohen.

Sources: Haute Living, The Art Newspaper

Trump owns a copy of "GOAT," a book about the boxer Muhammed Ali, that is worth an estimated $ 15,000. Just 1,000 copies were printed, with each one signed by Ali.

Muhammad Ali defeated Sonny Liston in 1965.

Sources: Daily Mail, Maxim

In 2017 Trump spent $ 70,000 on hairstylists, according to The New York Times — expenses he claimed as a tax deduction.

donald trump hair

Sources: New York Times

Trump's suits are mostly made by the Italian label Brioni, a spokesperson told The New York Times, and cost between $ 6,000 and $ 17,000.


Sources: New York Times, Insider

Another expense for Trump is sending his son Barron to the Oxbridge Academy, a private school in Palm Beach close to Mar-a-Lago that charges $ 35,000 a year for tuition.

melania trump na

Sources: The Palm Beach Post, Oxbridge Academy

Read the original article on Business Insider

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of and Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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