Donald Trump is worth billions here's how the former president has spent his cash
Sam Tabahriti,Ryan Hogg
- 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.
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.
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 was the first billionaire to become a US president and donated his annual salary of $400,000.
Trump's New York City properties account for more than $1 billion of his net worth, per Forbes.
Revenue sources include licensing, branding, golf resorts, and the Central Park ice-skating 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.
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.
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.
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.
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.
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.
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.
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.
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.
Source: The Washington Post
Trump also bought his wife Melania Trump a $455,000 SLR McLaren, the Washington Post reported.
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.
Source: New York Times
Trump also has a Sikorsky S-76 helicopter that costs between $5 million and $7 million.
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.
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.
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.
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.
Sources: The Palm Beach Post, Oxbridge Academy
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