Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.
Donald Trump and Mike Bloomberg are both billionaire tycoons with an eye for real estate. Here's a look at their personal holdings, from New York to Florida to the Caribbean.
Donald Trump and Mike Bloomberg are both billionaire tycoons with an eye for real estate. Here's a look at their personal holdings, from New York to Florida to the Caribbean.
Libertina Brandt,Katie WarrenMar 4, 2020, 02:13 IST
Both President Donald Trump and Democratic presidential candidate Mike Bloomberg own a lot of personal real estate.
Both portfolios are estimated to be worth more than $100 million, but the former New York City mayor appears owns more homes than the president.
These two own an impressive amount of personal real estate.
Advertisement
Donald Trump's personal holdings include a $54 million penthouse in the New York City building named after him, and Mike Bloomberg's properties include a 5-story townhouse on New York's Upper East Side.
Interestingly enough, both billionaires own properties in Westchester County, New York, as well as in Florida. However, when it comes to international warm-weather destinations, the two differ, with Trump owning a beachfront estate in St. Martin and Bloomberg spending his time in Bermuda.
Both portfolios are estimated to be worth more than $100 million, but the former New York City mayor appears to own more homes than the president. Bloomberg's portfolio consists of least 11 homes while Trump owns eight properties. (The Trump Organization is the owner of several properties closely associated with the president, such as the Mar-a-Lago Club in Florida.)
Bloomberg's estimated net worth, on the other hand, far exceeds that of Trump. In fact, New York magazine reported that at $3.3 billion worth of donations in 2019, Bloomberg gave away a higher figure than Trump's entire estimated net worth of $3.1 billion.
Advertisement
Keep reading for a look at both of their real estate portfolios.
President Donald Trump is a real estate mogul. He is the founder of The Trump Organization, which owns and manages properties around the world. But when it comes to personal real estate, the president owns just eight properties.
Trump's priciest home is a $54 million penthouse in New York City, located in Trump Tower on Fifth Avenue.
According to Forbes, the penthouse spans 10,996 square feet.
Trump also owns a mansion in Westchester, New York, called Seven Springs.
As Business Insider's Hillary Hoffower reported, the home is located about 45 miles north of New York City. It spans 39,000 square feet and is worth $24 million.
Over in Sterling, Virginia, he owns two houses near the Trump National Golf Club in Washington, DC. According to Forbes, they are worth a collective $1.5 million.
Trump also owns three homes in Palm Beach, Florida, that are worth a collective $36 million, according to Forbes.
According to Forbes, the homes are located near Mar-a-Lago Club — a resort owned by The Trump Organization. Trump is known to spend a lot of time at the resort and he calls it, according to a report by The Washington Post, the "winter White House."
According to Forbes, Trump owns a beachfront estate, known as Le Château des Palmiers, in St. Martin worth $13 million.
As Business Insider's Hillary Hoffower reported, citing Town & Country, the home includes 9 bedrooms, 12 full bathrooms, a heated pool, a fitness center, a tennis court, and an outdoor bar.
Mike Bloomberg is worth an estimated $55.4 billion and has the most expansive real-estate portfolio of all the Democratic presidential candidates.
Bloomberg bought up units in the neighboring brownstone and tore down walls to combine the spaces with his primary home, The New York Times reported in 2009.
In London, Bloomberg owns both a townhouse and an apartment.
In 2015, he dropped $25 million on a seven-bedroom house that was once home to the writer George Eliot, The New York Times reported.
Bloomberg owns a four-bedroom condo in Vail, Colorado, at Vail's Mountain Haus ski resort.
According to New York magazine, the condo is in a 72-room, hotel-like building with maid service, concierge service, and indoor and outdoor whirlpools.
He also owns two properties in Westchester County, New York.