Donald Trump Net Worth: How the 47th U.S. President Made Billions

Donald Trump is a wealthy businessman, a famous television personality, and the 47th President of the United States. He could very well be the most famous person in the world, and he is undoubtedly at the core of American politics. As of 2025, Donald Trump’s net worth is estimated at over $5 billion.

President Trump has made a lasting impact in both politics and business. Even after he left the White House after his first term as president, he didn’t slow down. Instead, he returned to doing what he knew best – making money.

Trump is an extremely controversial businessman and politician, often sparking strong opinions on both sides of the political spectrum. His life and career have been filled with successes, bankruptcies, and countless scandals. In this post, we will delve deep into his journey, financial empire, and political trajectory.

Breaking Down Donald Trump’s Net Worth in 2025

Donald Trump’s business empire has grown significantly since his first term as president. Once mostly known for real estate, he has since expanded into tech, media, and even cryptocurrency. This makes it harder to pinpoint his true net worth, but in this post, we will delve into his career, major sources of income, and how he built his multibillion-dollar empire.

As of March 2025, Donald Trump’s net worth has been estimated at around $5 billion. This number includes his real estate, media, and tech holdings. According to Fortune, his crypto holdings could add another $2.9 billion to his net worth, as well. However, this total hasn’t been verified and his crypto assets are extremely volatile.

When Donald Trump entered office in 2017, he had around $3.7 billion in assets. His wealth these days is built on three major pillars: real estate, Trump Media & Technology Group (Truth Social’s parent company), and cryptocurrency holdings. Below you will find a detailed breakdown of his biggest (known) income sources, assets, and liabilities.

Donald Trump Net Worth: Early Life and Education

Donald John Trump was born on June 14, 1946, at Jamaica Hospital in Queens, New York City. He is the fourth of five children born to Frederick Christ Trump, a prominent real estate developer, and Mary Anne MacLeod Trump, a Scottish immigrant from the Isle of Lewis. The family lived in the affluent Jamaica Estates neighborhood of Queens during Donald’s childhood.

The father built a successful real estate business by constructing and managing middle-income housing in New York City’s outer boroughs. His company, Elizabeth Trump & Son, was named after his mother and himself. Mary Anne, the mother, worked as a domestic servant before marrying Fred in 1936.

Education

Donald Trump studied at the Kew-Forest School in Queens from kindergarten through seventh grade. Due to reports of aggression and other behavioral issues, his parents enrolled him at the New York Military Academy (NYMA) at age 13. He attended NYMA from 1959 to 1964, achieving the rank of captain in his senior year. At the academy, he participated in baseball and football.

In 1964, after he graduated from NYMA, Trump enrolled at Fordham University in the Bronx, New York, where he studied for two years. He then transferred to the Wharton School at the University of Pennsylvania, where he earned a Bachelor of Science degree in economics in 1968.

While Trump has reportedly claimed to have graduated at the top of his class, records indicate that he did not graduate with honors.

Military Service

During the Vietnam War era, Donald Trump received multiple draft deferments: four for education and one for medical reasons. The medical reason was a diagnosis of bone spurs in his heels, an exemption that has since been a subject of public scrutiny and debate.

“I had a doctor who gave me a letter – a very strong letter on the heels… They were temporary, minor, and I had a letter from a doctor.” – Donald Trump reportedly told the New York Times in 2016.

The legitimacy of his medical deferment has been questioned for many years. In 2018, The New York Times reported that Dr. Larry Braunstein, a podiatrist who rented office space from Trump’s father, Fred Trump, may have provided the bone spurs diagnosis as a favor to the elder Trump. Braunstein’s daughters stated that their father often spoke of helping Donald Trump avoid the draft.

Family and Personal Life

As of 2025, Donald Trump has two living siblings. His four siblings were:

• Maryanne Trump Barry, a retired federal judge who served on the U.S. Court of Appeals for the Third Circuit.
• Fred Trump Jr., who was initially involved in the family business and later worked as a pilot. He passed away in 1981 due to complications related to alcoholism.
• Elizabeth Trump Grau, who worked in the banking sector and maintains a relatively private life.
• Robert Trump, who held executive positions within the Trump Organization. He passed away in 2020.

Donald Trump’s personal life has been highly publicized for decades, as can be expected for a popular figure in reality television and politics. He was first married in 1977 to Ivana Zelníčková, a Czech model and skier. The couple had three children: Donald Trump Jr., Ivanka Trump, and Eric Trump.

Trump divorced Zelníčková in 1990 following allegations of infidelity involving Trump and actress Marla Maples. In 1993, he married Maples and had one daughter with her, Tiffany Trump, that same year. Their marriage ended in divorce in 1999.

In 2005, Donald Trump married Slovenian model Melania Knauss. The couple has one son, Barron Trump, who was born in 2006. Melania Trump is the First Lady of the United States in 2025.

Happy 20th Anniversary to Melania! pic.twitter.com/VIcXSQb4QO

— Donald J. Trump (@realDonaldTrump) January 22, 2025

Real Estate: The Foundation of Trump’s Empire

Donald Trump started in real estate in 1971, inheriting his father’s business and rebranding it as the Trump Organization. The firm has since evolved from a regional real estate firm into a global brand linked to luxury properties, golf courses, and high-profile licensing deals. Thanks to his success in transforming the company, Trump eventually became a billionaire.

Even though he has since branched into tech (mostly through his social media company Truth Social) and crypto, real estate still makes up a large part of Trump’s wealth. Roughly half of his assets, not counting crypto, are in real estate, estimated at around $2.65 billion, according to AOL.

Construction Projects and Financial Trouble

As president of the company, Donald Trump entered the Manhattan real estate market in the late 1970s with aggressive ambition. His first high-profile project was the renovation of the crumbling Commodore Hotel into the Grand Hyatt, backed by a $400 million tax abatement arranged with his father’s help.

In 1980, Trump started construction on Trump Tower, the luxury mixed-use skyscraper on Fifth Avenue, which would later become his flagship property and longtime residence. He continued acquiring prestige properties like the Plaza Hotel and 40 Wall Street.

By 1995, Trump had defaulted on over $3 billion in loans, which resulted in lenders taking control of many of his assets. Still, he miraculously managed to avoid personal bankruptcy (though many of his businesses didn’t).

In the 1990s, amid all of those financial troubles, Trump co-created All County Building Supply & Maintenance with his siblings. This was a shell company that allegedly padded maintenance invoices to extract profits while inflating rent-stabilized unit costs. The scheme allowed the family to transfer wealth with lower tax liability, a practice that was later scrutinized by investigators.

In recent years, the Trump Organization has expanded its international footprint. It announced the development of its first high-rise in Dubai, the Trump International Hotel & Tower, an 80-story skyscraper featuring the world’s highest pool, luxury residences, and a private members-only club named “The Trump.”

The @trump team, in collaboration with @dar_global proudly introduce — Trump International Hotel & Tower, Dubai.

Rising 80 stories above Sheikh Zayed Road, this landmark blends world-class hospitality, ultra-luxury residences, and The Trump, an exclusive members-only club.… pic.twitter.com/9xUMirvZ72

— The Trump Organization (@Trump) April 29, 2025

In addition to this, the organization has partnered with Saudi firm Dar Global (which has close ties to the Saudi government and royal family) to develop a luxury golf resort in Qatar, marking its first overseas deal since Donald Trump’s return to office. These foreign investments have raised major red flags, warning of massive potential conflicts of interest.

The Trump Organization’s real estate portfolio is quite extensive. It includes iconic properties such as Mar-a-Lago in Florida and the Trump Tower in New York. The organization’s holdings also include 15 golf courses across the United States, Scotland, Ireland, and the United Arab Emirates.

Atlantic City Casinos

Trump’s casino ventures in Atlantic City were bold and fraught at the same time. He opened Harrah’s at Trump Plaza in 1984 with financial backing from the Holiday Corporation but soon bought them out of the business. He followed up with Trump Castle and the lavish Trump Taj Mahal, financed with $675 million in high-interest junk bonds. The Trump Taj Mahal declared bankruptcy just a year after it opened in 1990.

Throughout the 1990s and 2000s, Trump’s casino empire expanded under the Trump Hotels & Casino Resorts banner, but it was repeatedly forced into Chapter 11 bankruptcy. By 2009, after several restructurings, Trump’s stake had dwindled to 10%, but he maintained the title of chairman until he stepped down that same year.

Clubs and Golf Properties

In 1985, Trump bought the Mar-a-Lago estate in Palm Beach. A decade later, he converted it into a private club while residing in it. In 1999, he began building and acquiring golf courses, eventually owning 17 globally by 2016.

Today at @TrumpPalmBeach ⛳️🐐💯 pic.twitter.com/jlRdeBNsC3

— Trump Golf (@TrumpGolf) November 21, 2024

Licensing the Trump Name

One of Trump’s most lucrative strategies in business was to license his name. He branded products from steaks to shirts to furniture, not to mention real estate projects worldwide. Soon enough, he turned his image into a commercial asset.

By the late 2000s, over 50 licensing and management deals had earned Trump’s companies at least $59 million. Many of the real estate developments that bore his name weren’t owned by Trump himself.

Donald Trump’s Side Ventures

Donald Trump made his initial fortune and created his fame through real estate, but that is not all he has invested in. Let’s see what other investments he has made over the years.

Sports & Entertainment

In the 1980s, Trump bought the New Jersey Generals of the USFL and tried to force a merger with the NFL. His gamble failed when the league collapsed.

Trump also attempted to create an American version of the Tour de France with the “Tour de Trump” cycling race and bought the Trump Shuttle airline, which he lost to creditors in 1992. His cycling race event struggled with sponsorship and was rebranded as the “Tour DuPont” in 1991 before it ended in 1996.

From 1996 to 2015, Trump owned the Miss Universe Organization, which included Miss Universe, Miss USA, and Miss Teen USA pageants. He sold the organization in 2015 after NBC and Univision cut ties over controversial remarks he made during his presidential campaign. The controversial remarks were his comments about Mexican immigrants during his campaign announcement speech on June 16, 2015. In the speech, Trump said:

“When Mexico sends its people, they’re not sending their best… They’re bringing drugs. They’re bringing crime. They’re rapists. And some, I assume, are good people.”

This led to immediate backlash, with Univision, the largest Spanish-language broadcaster in the U.S., announcing that it would no longer air the Miss USA pageant. As a result, Trump sued Univision for $500 million in a lawsuit that was later settled. He sold his stake in the organization to WME/IMG in September 2015.

Media Career

Donald Trump’s foray into the media world has been quite multifaceted. He has put his name on at least 19 books, though many were penned with the help of ghostwriters. His debut title was “The Art of the Deal” in 1987, co-written by Tony Schwartz. The book became a massive bestseller.

Beyond publishing, Trump has become a familiar face in entertainment even before his political career. He made brief appearances in numerous films and television shows, often playing himself. His involvement with WWE, which included a headline appearance at WrestleMania 23 in 2007, reinforced his larger-than-life image.

In the broadcasting media world, Trump was a recurring guest on The Howard Stern Show, making 24 appearances. He also hosted his own short-form radio segment, Thumped!, between 2004 and 2008. Between 2011 and 2015, he was a regular guest commentator on Fox News’ Fox & Friends.

Trump’s biggest media breakthrough came in 2004 with the launch of The Apprentice, a reality show created by producer Mark Burnett. The show, hosted by Trump himself, portrayed him as a billionaire CEO and featured aspiring entrepreneurs who competed for a job at one of his companies.

The original series and the celebrity spinoff, The Celebrity Apprentice, aired until 2015. They played a major role in revamping and strengthening Trump’s brand. According to different reports, Donald Trump has earned between $200 million and $500 million from his role as host and producer of The Apprentice, as well as licensing deals and the sale of show-related merchandise.

In 2024, a biographical drama called “The Apprentice,” directed by Ali Abassi, was released. The drama delves into Donald Trump’s formative years in the real estate scene and his rise to prominence. Trump condemned the film as a “politically disgusting hatchet job” and attempted to block its release through legal means, which were unsuccessful.

Trump’s long history with the entertainment industry came to a symbolic end in 2021 when he resigned from the Screen Actors Guild-American Federation of Television and Radio Artists amid a disciplinary probe related to the January 6 Capitol riot. A few days later, the union officially banned him from rejoining.

Education

Trump University, launched in 2005, promised real estate success but ended in legal disaster. After years of lawsuits alleging fraud, Trump settled three major cases for $25 million (shortly after winning the presidency in 2016).

Other Business Ventures

Other projects and business ventures Trump owns or has owned at one point include:

• Trump Winery: Located in Charlottesville, Virginia, the winery spans over 1,300 acres and is one of the largest vineyards in the state. Trump has owned the winery since 2011. Today, it produces a fine selection of wines and includes a luxury hotel known as the Albemarle Estate.
• Trump Steaks: This venture was marketed through The Sharper Image and QVC and launched in 2007, but was discontinued due to poor sales.
• Trump Vodka: Introduced in 2006 with the slogan “Success Distilled,” the vodka also failed to gain market traction and was discontinued in 2011.
• Trump Ice: A bottled water brand that was sold at select retailers and Trump properties has also been discontinued.
• Trump: The Game: A board game released in 1989 and re-released in 2004. It received mixed reviews and low commercial success.
• Trump Mortgage: Launched in 2006, the mortgage brokerage firm collapsed within a year due to the housing market downturn and internal mismanagement.
• Trump Media & Technology Group: Founded in 2021, the company launched Truth Social, a social media platform. In 2025, it announced plans to introduce exchange-traded funds and other digital asset investment products.

Donald Trump’s Political Career

President Trump has had a very successful but also highly controversial political career. His journey into politics has been anything but conventional. In fact, his political affiliations have shifted multiple times throughout his early career. Trump registered as a Republican in 1987, briefly joined the Reform Party in 1999, switched to the Democratic Party in 2001, and returned to the Republican fold in 2009. He finally settled back as a Republican in 2012 after he went unaffiliated in 2011. His stances on specific issues have also wavered many times over the years.

Let’s see how his career and political activities led him to become President Trump twice.

Becoming a President

In 1987, Donald Trump placed full-page ads in major newspapers, outlining his views on fiscal issues and foreign policy. The following year, he made an ambitious move when he reached out to political strategist Lee Atwater to express his interest in being considered as the running mate for Republican nominee George H.W. Bush. Bush, however, found his request “strange and unbelievable.”

Trump’s political ambitions continued through the years. He recently posted the following on X, sharing how he has continuously been involved in U.S. politics:

pic.twitter.com/gZ1J89f1Nv

— Donald J. Trump (@realDonaldTrump) November 4, 2024

In 2000, he briefly ran for president under the Reform Party before withdrawing in February. This was rather fitting as Ross Perot, a similarly bombastic businessman who secured 18% of the presidential vote as an independent in 1992, was also affiliated with the Reform Party. In 2011, Trump considered challenging President Barack Obama in the 2012 election and even gave speeches in early primary states. However, he ultimately decided not to run.

In 2015, Trump’s significant entry into politics came when he formally announced his candidacy for the 2016 presidential election. His campaign rapidly garnered national attention. He positioned himself as an outsider with a campaign driven by controversial stances on immigration, foreign policy, and trade.

In March 2016, Trump secured the front-runner status in the Republican primaries, becoming the presumptive Republican nominee by May of that year.

Trump’s campaign was defined by statements that were often viewed as inflammatory and divisive, with a record number of false and misleading claims. Despite the widespread criticism, his message resonated with many Americans. He famously proposed building a wall on the U.S.-Mexico border, promising that Mexico would fund its construction. This pledge became a symbol of his hardline stance on immigration.

Trump’s campaign also attracted attention for his refusal to release his tax returns, which was at odds with the tradition of presidential candidates since the 1970s. Despite claiming that his taxes were being audited, his financial records came under scrutiny during the campaign. In October 2016, The New York Times published a portion of his 1995 state tax filings, revealing a $916 million reported loss that could have allowed him to avoid paying federal taxes for years.

On November 8, 2016, against the backdrop of widespread skepticism, Donald Trump won the election with 306 electoral votes. He became the fifth president in U.S. history to win the presidency despite losing the popular vote. His triumph sparked massive protests in several cities across the country.

Donald Trump was inaugurated as the 45th U.S. president on January 20, 2017. The next day, over 500,000 people protested in Washington, D.C., as part of the global Women’s March. In his first week, he signed six executive orders, including withdrawal from the Trans-Pacific Partnerships and plans to build the border wall with Mexico.

President Trump’s administration prioritized deregulation, reversing over 100 environmental rules. It also slashed the renewable energy budget by 40%. President Trump withdrew the U.S. from the Paris Agreement and pushed fossil fuel expansion.

In December 2017, he signed the Tax Cuts and Jobs Act, reducing corporate and individual tax rates. While the cuts did impact most Americans, the top 5% of households received 45% of the value, according to an analysis from the Urban-Brookings Tax Policy Center. Despite his promises, federal revenue declined, and the deficit rose nearly 50% to nearly $1 trillion in 2019. By 2021, the national debt increased by $39 trillion, and the United States had 3 million fewer jobs than when he took office.

Trump continued to profit from his businesses while in office, which led to multiple lawsuits over alleged violations of the Emoluments Clause (which prohibits receiving gifts, payments, or benefits from foreign states). His administration also faced criticism for its handling of race relations, COVID-19, the opioid crisis, LGBTQ+ rights, and healthcare.

The 2020 Election and the Capitol Riot

President Trump launched his reelection bid just hours after taking office in 2017 and was confirmed as the Republican nominee in August 2020. His campaign focused on “law and order” themes, and critics argued that he repeatedly misrepresented Joe Biden’s policies while stoking racial fear.

Well before Election Day, Trump began sowing doubt about the process, claiming that mail-in voting would lead to widespread fraud. He had no evidence for his claims, but he even blocked funding to the U.S. Postal Service to hamper mail voting.

Joe Biden won the November 2020 election with 81.3 million votes to Trump’s 74.2 million and secured 306 electoral votes to Trump’s 232. Even so, Trump immediately declared victory and later claimed the election was stolen.

This followed dozens of lawsuits filed by Trump and his allies, which were rejected by over 86 different judges due to a total lack of evidence. Trump never formally conceded and refused to attend Biden’s inauguration.

On January 6, 2021, while Congress certified Biden’s win, Trump urged supporters to “fight like hell.” A violent mob stormed the Capitol, injuring over 140 police officers and causing five deaths. Trump delayed action and later praised the rioters. During his second term, he pardoned about 1500 participants, including some who brutally assaulted police officers.

Donald Trump’s 2024 Election and Second Term

Donald Trump announced his 2024 presidential campaign in November 2022. Despite many legal challenges, including a Colorado Supreme Court ruling disqualifying him over January 6, Trump was restored to the ballot in March 2024.

Throughout his second campaign, Trump used extreme rhetoric of all kinds. He promised to target political opponents, expand executive power, deport student protestors for their speech, and more. Trump was shot in the ear in an assassination attempt at a Pennsylvania rally in July but didn’t suffer any permanent injuries. Soon after, Tesla CEO Elon Musk joined the fray in support of Trump and donated over $288 million to Super PACs that supported his campaign.

Trump was later nominated with JD Vance as his running mate and won the election in November 2024 against Kamala Harris with 312 electoral votes and a slim popular vote lead.

On January 20, 2025, he was inaugurated for a nonconsecutive second term, becoming the oldest president to take office and the first with a felony conviction (with a total of 34).

In his first month, President Trump issued a record number of executive orders, many aligned with the right-wing “Project 2025” plan. He pardoned over 1,500 January 6 rioters, ended DEI programs in government, eviscerated regulatory agencies, and began dismantling federal agencies like the Department of Education.

Over 30,000 federal workers were fired under revised legal definitions, and union protections for 1 million employees are currently under threat from lawsuits. Trump’s recent policies have drawn comparisons to authoritarianism by scholars and legal experts.

Trump’s 2025 budget proposals have been extremely controversial, as well. They seek sweeping tax cuts for corporations and the wealthy, while reducing funding for regulatory and social programs (including a massive cut to Medicaid).

Meanwhile, controversy continues over the use of campaign funds to pay his legal bills, which exceed $100 million so far.

One of the more controversial developments has been President Trump’s close alliance with Elon Musk. In 2025, Musk was appointed as a special government employee and given access through the newly created Department of Government Efficiency. Musk’s team was embedded across 18 federal agencies, many of which directly regulate Musk’s companies, overseeing everything from layoffs to automation to regulatory rollbacks, constituting multiple massive conflicts of interest.

On April 2, dubbed “Liberation Day,” President Donald Trump announced widespread tariffs on every single nation, claiming that they were reciprocal. However, most of the supposedly reciprocal tariffs were drastically higher than the tariffs they were ostensibly mirroring. It was later discovered that the administration used a simple equation that didn’t actually factor in any tariffs whatsoever and instead measured trade deficits to calculate the ‘reciprocal’ tariffs.

Trump has since lowered tariffs on most countries and zeroed in on China, leading to what many describe as a de facto trade embargo between the world’s largest economies. He imposed tariffs up to 145% on Chinese imports and effectively eliminated the “de minimis” exemption that previously allowed duty-free entry for goods valued under $800.

In retaliation, China has imposed its own reciprocal tariffs on U.S. goods and implemented export restrictions on strategic minerals. The escalating trade tensions have led to significant economic strain in both countries. U.S. companies (and especially small businesses) are grappling with higher costs, and Chinese factories are suspending operations.

Trump’s Legal Battles

Early on, Trump’s management practices came under fire. In 1973, the U.S. Justice Department sued the Trump Organization for racial discrimination in housing. Trump, with legal help from his lawyer and friend, Roy Cohn, responded by countersuing the federal government for $100 million. This strategy has become characteristic of Trump’s litigious approach to conflict. The case ended in a consent decree requiring desegregation, but the Trump family was later found in contempt for violating it.

After he left office in 2021, Donald Trump settled at Mar-a-Lago and remained the dominant figure in the Republican Party. He pushed the false “big lie” narrative about election fraud and used it to back voting restrictions and endorse loyal candidates.

Trump raised tremendous funds, often more than the Republican National Committee, and launched his social media company, Truth Social, under Trump Media & Technology Group, which went public in 2024. He created the platform shortly after he was banned from Twitter (now X) over January 6.

Legally, Trump faced serious trouble in this period. He was found liable for sexual abuse and defamation and was fined over $88 million in two cases brought by E. Jean Carroll.

In February 2024, the Trump Organization faced legal setbacks when a New York judge fined Donald Trump $355 million for defrauding banks and insurance companies by inflating the value of real estate properties. The ruling also barred Trump from serving as an officer or director of any New York corporation for three years.

The organization remains under court supervision, and Trump has vowed to appeal the decision. He criticized the decision as “election interference,” claiming that he had been penalized for “having built a perfect company, great cash, great buildings, great everything.”

On top of that, he was indicted over his role in the January 6 attack and mishandling of classified documents.

In 2024, a judge dismissed the Espionage Act case. In 2025, Trump was convicted of 34 counts of falsifying records tied to hush-money payments but received an unconditional discharge.

After his reelection, federal charges were dropped under DOJ policy shielding sitting presidents. Once his current presidential term concludes in January 2029, the legal protections afforded to sitting presidents by the DOJ will no longer apply (except for any ‘official acts’ taken as the president). It’s possible that the paused and dismissed cases could be reopened after his tenure.

Special Counsel Jack Smith had filed motions to dismiss two federal cases against Trump about election interference and mishandling of classified documents without prejudice. This legal approach allows for the potential re-filing of the charges after Trump’s presidency ends.

However, the feasibility of reinitiating the prosecutions comes with certain challenges. One major hurdle is the statute of limitations. Federal offenses typically have a five-year limit, which could expire by early 2026 for the election case and 2027 for the documents case. Prosecutors might later argue that the statute was tolled during Trump’s presidency, but this interpretation will likely face legal scrutiny.

Also, by 2029, President Trump will be 82 years old, and the political landscape may have shifted even further.

Donald Trump’s Wealth Over the Years

Donald Trump’s exact net worth remains a matter of debate. Much of his wealth originated from his father, Fred Trump, who created hundreds of income streams over five decades to transfer wealth. Trump acknowledged borrowing $9.6 million from his father and was a millionaire by age 8. He also benefited from multiple trust funds, receiving regular payouts since his childhood.

Based on over 100,000 pages of tax returns and financial disclosures from Fred Trump’s businesses, the New York Times found 295 streams of revenue that Fred Trump created to channel his impressive wealth to his son. In 1976, Fred Trump set up trust funds of $1 million for each of his five children and three grandchildren. Upon Fred Trump’s death in 1999, his will divided $20 million among his surviving children. A few years prior, when Trump took two loans from his siblings, their anticipated shares of the father’s estate amounted to $35 million each.

Trump’s primary assets include real estate holdings, branding and licensing deals, and proceeds from The Apprentice. He has also directed political donations to his properties and legal fees.

The bulk of Trump’s private holdings fall into category of commercial real estate. His assets in real estate are valued between $2.6 billion and $2.9 billion and include, but are not limited to:

• 1290 Avenue of the Americas (30% stake) worth $430 million
• 555 California Street, San Francisco (30% stake) worth $750 million
• Trump Tower (NYC) worth – $370 million
• 40 Wall Street – worth $240 million
• Mar-a-Lago (Palm Beach, Florida) – worth $325 million
• Trump International Hotel in Las Vegas (50% stake) – worth $115 million

Other U.S. commercial holdings – worth around $700 million

• Trump owns at least 15 golf courses and resorts, including:
• Trump National Doral in Miami – worth around $160 million
• Trump National Golf Club Bedminster – worth around $120 million
• Trump Turnberry in Scotland – worth around $90 million
• Other U.S. golf clubs – worth over $400 million

President Trump has made a fortune from royalties and licensing deals, as well. In November 2021, he released a coffee table book titled Our Journey Together, which had gross sales of $20 million within only two months. The book Letters to Trump garnered around $4.5 million in royalties, while A MAGA Journey contributed over $500,000.

In 2023, he made $7.2 million through a licensing deal to sell Trump NFT trading cards. A year later, he sold Trump-themed “God Bless the USA” Bibles, two other books, silver “Trump Coins,” “Trump Watches,” and golden sneakers.

According to Business Insider, he earned $230 million from licensing deals and endorsements associated with the success of “The Apprentice.” This, combined with his $197.3 million in earnings directly from the show, adds up to $427 million from the show alone.

Finally, licensing deals for products like Trump-branded menswear and home goods have added between $100,000 and $5 million to his net worth, as per his 2024 financial disclosure forms.

In addition to assets and crypto holdings, President Trump also has notable liabilities and legal fines to pay, which would seriously affect his net worth in the future. His NY Civil Fraud Penalty case of 2024 will take away $454 million, not including accrued interest of around $100,000 a day. The E. Jean Carroll defamation suit will take away $83.3 million. To date, his estimated total legal liabilities stand between $600 million and $650 million ongoing.

Trump’s Crypto Stance and Holdings

President Donald Trump has significantly deepened his involvement in the crypto sector during his second term. In January 2025, just days before his inauguration, he launched the $TRUMP memecoin through CIC Digital LLC, a company he owns. The coin rapidly achieved a market valuation exceeding $5 billion, with Trump personally holding 80% of the supply. It’s important to note that any attempt to sell a major portion of his tokens would result in the price of the token crashing.

The venture potentially increased his net worth by over $50 billion, which has raised major ethical concerns due to the overlap between his public office and private interest. Critics noted that anyone, including foreign governments, could essentially give Trump millions of dollars by buying the coin with total anonymity.

In April 2025, Trump announced that he will reward the top 220 buyers of his memecoin with an “intimate private dinner” and special tour of the White House, sparking even more fears of bribery and corruption. The token’s price immediately skyrocketed nearly 50% following the announcement. Senator Chris Murphy even called it “the most corrupt thing a President has ever done.”

This isn’t Trump just being Trump. The Trump coin scam is the most brazenly corrupt thing a President has ever done. Not close. https://t.co/CpDuxmS13d

— Chris Murphy 🟧 (@ChrisMurphyCT) April 23, 2025

To further expand his crypto footprint, Trump cofounded World Liberty Financial, a decentralized finance (DeFi) platform. In May 2025, the firm announced a $2 billion investment in Binance, facilitated by its USD1 stablecoin. The deal involved a UAE-backed fund and has drawn a lot of scrutiny over potential conflicts of interest.

I promised to Make America Great Again, this time with crypto. @WorldLibertyFi is planning to help make America the crypto capital of the world! The whitelist for eligible persons is officially open – this is your chance to be part of this historic moment. Join:…

— Donald J. Trump (@realDonaldTrump) September 30, 2024

Even excluding $TRUMP and $WLFI, Trump’s portfolio includes quite a lot of cryptocurrency. His holdings in other cryptos are valued at at least $15.8 million as of early 2025, including 210 billion TROG tokens worth $9.5 million and $1.6 million in Ethereum.

A close source to President Trump also claimed that the businessman is much wealthier than the estimates suggest and that his $Trump coin alone is worth over $10 billion. However, this is either outdated or an overestimate, as the total market capitalization of the token is under $2.5 billion at the time of writing. If he still holds 80% of the token (which is unlikely), his $TRUMP coin would be worth just under $1.8 billion.

On the policy front, Trump’s administration has taken steps to deregulate the crypto industry, including pausing SEC lawsuits against major exchanges like Binance and Coinbase. His administration also dropped a major fraud lawsuit against Tron founder Justin Sun not long after Sun bought $75 million of $WLFI. He also signed an executive order establishing a Strategic Bitcoin Reserve and a Digital Asset Stockpile.

Beyond his personal crypto holdings, Trump’s presence in the crypto industry is amplified through his active engagement on social media platforms like X, where he regularly promotes his own tokens, reposts pro-Bitcoin content, criticizes central bank digital currencies, and positions himself as “the crypto president.”

Interestingly, he was a critic of cryptocurrencies for many years. Here is what he posted on X in 2019:

I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity….

— Donald J. Trump (@realDonaldTrump) July 12, 2019

What Can We Learn from Donald Trump’s Story?

President Donald Trump’s story offers valuable lessons, both positive and negative. His ability to take calculated risks is a hallmark of his career. From real estate investments to reality television, he has demonstrated a willingness to explore new territories, often with remarkable success. This proves the importance of embracing bold opportunities and adapting to changing markets.

Trump’s career has been marked by significant setbacks from massive bankruptcies, public controversies, huge legal troubles, and endless personal scandals. Yet, he has always found a way to bounce back, showing that resilience is key to long-term success. This type of tenacity can inspire people to keep pushing forward, even when they are facing setbacks.

Trump has been able to brand himself effectively across industries. His name has become synonymous with luxury and success, which has been a key factor in maintaining his wealth. Despite the many positive lessons, Trump’s career is also a stark reminder of how dangerous divisive leadership can be. While he has a loyal base, his polarizing rhetoric and actions have alienated many. This is a reminder that leadership requires diplomacy and empathy.

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• Easy to Use, Feature-Driven Crypto Wallet
• Get Early Access to Upcoming Token ICOs
• Multi-Chain, Multi-Wallet, Non-Custodial
• Now On App Store, Google Play
• Stake To Earn Native Token $BEST
• 250,000+ Monthly Active Users

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