realestate

Unpacking Donald Trump's Wealth: A Look at Mar-A-Lago and Beyond

Forbes estimates Trump's net worth at $6.7 billion, ranking him 319 in the Forbes 400 list for 2024.

D
onald Trump began his second term as the 47th US President on January 20, with a net worth estimated at $6.7 billion by Forbes and $7.16 billion by Bloomberg. His wealth is primarily built on real estate ventures through the Trump Organization, including office towers, golf courses, and commercial space in New York City.

    Trump's portfolio includes a stake in two office towers, leasehold interests in 40 Wall Street and 6 East 57th Street, and ownership of the Trump National Doral golf resort. His other properties are valued using various methods, such as comparable sales and price-to-sales ratios. He also owns luxury mansions, a winery, and a private jet.

    In addition to real estate, Trump has significant investments in other ventures, including 114.75 million shares in Trump Media and Technology Group, which he acquired through a February 2024 filing with the Securities and Exchange Commission. His cash investments are estimated at over $400 million.

    A surprise development in Trump's wealth is the launch of the $TRUMP memecoin, which saw an incredible surge in market value after its unveiling on January 19. The cryptocurrency reportedly reached over $10 billion by the time Trump was sworn in and now accounts for around 89% of his net worth.

Donald Trump's Mar-A-Lago estate and financial assets in Palm Beach, Florida.