scorecardDonald Trump is the first billionaire to serve as president of the United States - here's how he spends his $3.1 billion fortune, from his 24-karat gold-plated helicopter to the $350,000 in annual alimony to his first wife
  1. Home
  2. slideshows
  3. miscellaneous
  4. Donald Trump is the first billionaire to serve as president of the United States - here's how he spends his $3.1 billion fortune, from his 24-karat gold-plated helicopter to the $350,000 in annual alimony to his first wife

Donald Trump is the first billionaire to serve as president of the United States - here's how he spends his $3.1 billion fortune, from his 24-karat gold-plated helicopter to the $350,000 in annual alimony to his first wife

Forbes currently estimates Donald Trump's net worth to be $3.1 billion, a $400 million drop since he took presidential office in January 2017.

Donald Trump is the first billionaire to serve as president of the United States - here's how he spends his $3.1 billion fortune, from his 24-karat gold-plated helicopter to the $350,000 in annual alimony to his first wife

During his presidential campaign, Trump claimed he had a net worth of $10 billion —three times as much as it really was.

During his presidential campaign, Trump claimed he had a net worth of $10 billion —three times as much as it really was.

Still, he's made history as the first billionaire to serve as President of the United States.

Still, he

Source: Time

Trump's finances are supplemented annually by a variety of sources.

Trump

Source: Forbes

Between January 2016 though the spring of 2017, Trump raked in anywhere from $597,396,914 to $667,811,903, according to a public financial disclosure report.

Between January 2016 though the spring of 2017, Trump raked in anywhere from $597,396,914 to $667,811,903, according to a public financial disclosure report.

While running for the presidency, Trump emptied out $66 million from his own pockets to fund his campaign, according to campaign finance disclosures examined by Reuters.

While running for the presidency, Trump emptied out $66 million from his own pockets to fund his campaign, according to campaign finance disclosures examined by Reuters.

Now as president, he also earns about $400,000 a year, which he has so far donated to the Department of Education, the Department of Interior, and the Department of Health and Human Services.

Now as president, he also earns about $400,000 a year, which he has so far donated to the Department of Education, the Department of Interior, and the Department of Health and Human Services.

Source: Time

His presidential salary is a drop in the bucket compared to the rest of his income.

His presidential salary is a drop in the bucket compared to the rest of his income.

Revenue from New York City real estate alone accounts for $1.5 billion of his net worth, according to Forbes.

Revenue from New York City real estate alone accounts for $1.5 billion of his net worth, according to Forbes.

Source: Forbes

Sales from Central Park Carousel admission and ice skating rink operations combined add up to more than $13,000,000 in revenue.

Sales from Central Park Carousel admission and ice skating rink operations combined add up to more than $13,000,000 in revenue.

And $170 million of his total net worth is generated from the Trump brand and licensing alone.

And $170 million of his total net worth is generated from the Trump brand and licensing alone.

Source: Forbes

Hundreds of millions of dollars more are generated from golf clubs and real estate outside of New York City.

Hundreds of millions of dollars more are generated from golf clubs and real estate outside of New York City.

Source: Forbes

His exclusive private Mar-a-Lago club in Palm Beach, for example, is valued at $160 million.

His exclusive private Mar-a-Lago club in Palm Beach, for example, is valued at $160 million.

Source: Forbes

It became even more exclusive after Trump became president. You now need to shell out $200,000 for initiation fees to join, up from $100,000 from before the election.

It became even more exclusive after Trump became president. You now need to shell out $200,000 for initiation fees to join, up from $100,000 from before the election.

Source: Forbes

But among the perks afforded to you are 58 bedrooms, 33 bathrooms, 12 fireplaces, and 3 bomb shelters.

But among the perks afforded to you are 58 bedrooms, 33 bathrooms, 12 fireplaces, and 3 bomb shelters.

In 2011, Trump doled out $6.2 million for a winery and vineyard in Charlottesville, Virginia. He later sold it to his eldest son, Eric. The property is known as Trump Vineyard Estates.

In 2011, Trump doled out $6.2 million for a winery and vineyard in Charlottesville, Virginia. He later sold it to his eldest son, Eric. The property is known as Trump Vineyard Estates.

As far as his cash and personal assets go, they account for $320 million of his net worth, according to Forbes.

As far as his cash and personal assets go, they account for $320 million of his net worth, according to Forbes.

Source: Forbes

That includes his massive personal aircraft fleet, which he used to travel during his election campaign.

That includes his massive personal aircraft fleet, which he used to travel during his election campaign.

Trump reportedly bought a Boeing 727 in 2010 from Microsoft co-founder Paul Allen for $100 million.

Trump reportedly bought a Boeing 727 in 2010 from Microsoft co-founder Paul Allen for $100 million.

According to the New York Times, the aircraft burns fuel at a rate of thousands of dollars an hour.

According to the New York Times, the aircraft burns fuel at a rate of thousands of dollars an hour.

He also owns a Cessna, a jet known for its low operating costs and high performance.

He also owns a Cessna, a jet known for its low operating costs and high performance.

Source: Jet Advisors

It was reportedly worth $15.3 million bought new and $3.2 million secondhand in 2016.

It was reportedly worth $15.3 million bought new and $3.2 million secondhand in 2016.

He also owns three Sikorsky S-76's, helicopters known for their ease-of-use.

He also owns three Sikorsky S-76

Previously-owned Sikorsky S-76's usually sell for $5 million to $7 million.

Previously-owned Sikorsky S-76

With his most recently purchased S-76, Trump had the whole interior gutted and redone with 24-karat gold-plated hardware, from the seat belts and handles to his family crest emblazoned on the side of the aircraft.

With his most recently purchased S-76, Trump had the whole interior gutted and redone with 24-karat gold-plated hardware, from the seat belts and handles to his family crest emblazoned on the side of the aircraft.

All of the gold embossment cost Trump an estimated $750,000.

All of the gold embossment cost Trump an estimated $750,000.

He's also indulged in road travel.

He

He reportedly owns a vintage Rolls-Royce Silver Cloud ...

He reportedly owns a vintage Rolls-Royce Silver Cloud ...

... a Rolls-Royce Phantom, which starts at $500,000 ...

... a Rolls-Royce Phantom, which starts at $500,000 ...

... a Ferrari ...

... a Ferrari ...

... a Mercedes-Benz 3600, and a Maybach.

... a Mercedes-Benz 3600, and a Maybach.

He also reportedly bought First Lady Melania a $455,000 SLR McLaren.

He also reportedly bought First Lady Melania a $455,000 SLR McLaren.

Trump also shelled out $30 million for a 100-cabin yacht in the 1980s and called it "Trump Princess."

Trump also shelled out $30 million for a 100-cabin yacht in the 1980s and called it "Trump Princess."

Source: Cheatsheet

Trump has a penchant for suits made by Italian brand Brioni, a clothing line found in the closets of many a powerful CEO and celebrity.

Trump has a penchant for suits made by Italian brand Brioni, a clothing line found in the closets of many a powerful CEO and celebrity.

The luxurious suits sell for anywhere between $5,250 and $6,900.

The luxurious suits sell for anywhere between $5,250 and $6,900.

During his tenure on the reality show "The Apprentice," Brioni supplied Trump with suits to wear on air, but while campaigning, he started paying for them himself.

During his tenure on the reality show "The Apprentice," Brioni supplied Trump with suits to wear on air, but while campaigning, he started paying for them himself.

Trump's assets also include a number of personal residences.

Trump

Source: Forbes

His three homes near Mar-a-Lago in Palm Beach, Florida, are valued at $36 million.

His three homes near Mar-a-Lago in Palm Beach, Florida, are valued at $36 million.

Source: Forbes

His Beverly Hills, California, home is worth $13 million.

His Beverly Hills, California, home is worth $13 million.

Source: Forbes

And Trump's St. Martin island abode in the West Indies is valued at $15 million.

And Trump

Source: Forbes

Trump purchased the St. Martin property in 2013 for an undisclosed price before listing it for sale four years later for $28 million.

Trump purchased the St. Martin property in 2013 for an undisclosed price before listing it for sale four years later for $28 million.

Source: Forbes

It saw a price gouge since Trump was sworn into office, due to potential buyers wishing to avoid the publicity that would come with purchasing the property, according to local real estate brokers.

It saw a price gouge since Trump was sworn into office, due to potential buyers wishing to avoid the publicity that would come with purchasing the property, according to local real estate brokers.

Source: Forbes

Over on the East Coast, Trump's Seven Springs private estate in Bedford, New York, is valued at $30 million. He bought it in 1996 for a reported $7.5 million.

Over on the East Coast, Trump

Source: Forbes

And then there's the Trump Tower Penthouse in the heart of Manhattan valued at $57 million.

And then there

Source: Forbes

That's a steep drop from its 2016 valuation of $100 million.

That

The penthouse is adorned in 24-karat gold and marble a la King Louis XIV.

The penthouse is adorned in 24-karat gold and marble a la King Louis XIV.

Even the drinking glasses are rimmed in gold.

Even the drinking glasses are rimmed in gold.

Trump also covers his children's schooling.

Trump also covers his children

Barron's tuition at New York's Columbia Grammar and Preparatory School was $40,000 a year.

Barron

When Trump's election brought his family and Barron to Washington DC, Barron transferred to St. Andrew's Episcopal School in Maryland. The tuition there also costs about $40,000 a year.

When Trump

He also reportedly pays Tiffany's way through college and grad school. She currently attends Georgetown Law School, which costs upwards of $58,000.

He also reportedly pays Tiffany

Source: Cheatsheet

His divorce with first wife Ivana also cost Trump a pretty penny.

His divorce with first wife Ivana also cost Trump a pretty penny.

Source: Cheatsheet

She not only received the initial $10 million from the divorce settlement, but also the 45-room mansion in Greenwich, Connecticut, that the couple shared ...

She not only received the initial $10 million from the divorce settlement, but also the 45-room mansion in Greenwich, Connecticut, that the couple shared ...

Source: Cheatsheet

... an apartment in Trump Plaza ...

... an apartment in Trump Plaza ...

Source: Cheatsheet

... $300,000 a year in child support ...

... $300,000 a year in child support ...

Source: Cheatsheet

... and annual alimony of $350,000.

... and annual alimony of $350,000.

Source: Cheatsheet

There's some speculation about exactly how much Trump has donated to philanthropic causes, but he did donate $1 million of his own money to Hurricane Harvey relief efforts in 2017.

There

Advertisement