Donald trump net worth: The President of United States , Donald Trump has an estimated current net worth of $3.5 billion. Although Trump has claimed on several occasion that his net worth is about $10 billion. According to the richest list calculated by business magazine Forbes, Trump placed at 544th positions with net worth of $3.5 billion. Trump’s wealth has reduced to a significant amounts since U.S. President elections.
| Name | Donald John Trump |
|---|---|
| Date of Birth | June 14, 1946 |
| Residance | Washington, District of Columbia |
| Occupation | Businessman, TV Personality, President of USA |
| Nationality | United States |
| Education | Bachelor of Arts/Science, University of Pennsylvania |
| Spouse | Melania Trump (M.2005) |
| Children | 5 ( Donald Jr, Ivanka, Eric, Triffany and Barron) |
| Net Worth | $3.5 Billion |
| Income Source | Real estate, TV Reality Show |
About Donald Trump
The 45th President of USA, Donald John Trump was born on June 14, 1946. Donald Trump was raised in Queens, NY, and acquired an economics degree from University of Pennsyvania. He then took charge the Trump Organization, the real estate and construction firm founded by his paternal grandmother. Donald Trump then earned towering success as a businessman and television personality.
In 2003, Donald Trump became the executive producer and host of the NBC reality show, The Apprentice. For the first year of the show Trump was paid about $50,000 per episode, but following the show’s initial success, he then paid $3 million per episode. Donald Trump was one of the most paid TV personalities in the United States.
In November 8, 2016, Donald trump became the first billionaire president in the U.S history. He was also the oldest president and first without prior government or military service. The controversy is always following him but he never cares them.
Here’s everything we know about Donald Trump net worth up to date
How Much is Donald Trump Net Worth- $3.5 Billion
During the U.S election, Trump released his Personal Financial Disclosure (PFD) form with the Federal Election Commission (FEC). According to the PFD form, Trump had
- At least 1.4 billion in assets, that includes 40 Wall St, the Trump tower, golf course resort in Florida, NY, and Scotland, and an aircraft, which all are valued at over $50 million.
- Earned Over $300 million from the golf course and resorts
- Over $100 million in rental earning and sales from his property
- At least $25 million in Blackrock’s Obsidant fund.
- Debts over $50 million on each of the following; the Trump Tower, 40 Wall Street, Trump International Hotels, Trump National Doral and Trump Old Post Office.
According to the Forbes Magazine, Trump Worth $3.5 billion, his wealth valuations are
- New York City Real Estate- $1.7 billion( which includes the Trump Tower, 40 Wall street, Trump Parc East, Tump Avenue, Trump International Hotels and Tower, Spring Creek Towers, Trump Plaza, Trump World Tower, Niketown and 1290 of Americas.)
- Non New York City Real Estate- $630 million
- Golf Courses and Clubs- $620 million
- Brand Business- $230 million
- Cash and Personal Assets- $270 million
The Forbes Magazine also reported that, Trump net worth hasn’t grow up as like of his political fortunes. In fact, $200 less than before the election due to reduced value of his main property holdings in Midtown, Manhattan, New York City.
Today his two sons Donald Jr. and Eric run the day-to-day operation of the Trump Organizations. And they are hoping Trump’s presidency will not effects their business.
