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Donald Trump Net Worth: How Much Is He Worth?

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Donald Trump net worth

The 45th and current President of the United States, Donald John Trump’s, net worth was reported to be a whooping $3.5 Billion at the beginning of the year 2017, but has reportedly dropped to $2.9 Billion.

The crash in his net worth can be linked with the under-performing office properties in New York City.

Source of Trump’s Wealth

Before he became a politician, Trump started his career as an entrepreneur in the real estate development.

Trump reportedly kick started his career with “a small loan of one million dollars”($1,000,000) from his father.

U.S President-elect, Donald J. Trump’s golden bedrooms

Donald J. Trump’s golden bedroom

A Record of Trump’s Net worth Over The Years

Donald Trump was first ranked on Forbes List of wealthy personalities in 1982 when his net worth was estimated a $200 million fortune.

Trumps net worth experienced a massive boost in the the 1980s and he became a billionaire, he however lost presence on the Forbes list from 1990 to 1995 due to business losses.

When Trump declared his candidacy on June 16, 2015, his one-page financial summary showed he had a net worth of $8,737,540,000. In his presidential announcement speech, he was said to have boasted during his presidential announcement speech “I’m really rich”.

Forbes rated Donald Trump’s net worth in 2017 to be $3.5 billion making him the 544th richest person in the world and 201st in the U.S.
Trump is believed to be one of the richest politicians in American history.

Since becoming President, Trump’s fortune, net worth, taxes, and business connections have been overshadowed with controversies.

An Estimate of Trump’s Asset and Net Worth

Type of Asset Worth
Brand Assets $230 Million
Cash and Personal Assets $270 Million
Golf Clubs and Resorts $620 Million
NYC Real Estate $1.7 Billion
Non-NYC Real Estate $630 Million

 

A Break Down of Trumps Assets and Their Worth

New York City Real Estate: $1.7 B valuation

Niketown, E. 57th St $365 Million
40 Wall Street $363 Million
1290 Avenue of Americas $347 Million
Trump Tower $286 Million
Trump Park Avenue $190 Million
Trump Parc/Trump Parc East $87 Million
Spring Creek Towers $32 Million
Trump International Hotel & Tower New York $37 Million
Trump World Tower, 845 United Nations Plaza $23 Million
Trump Plaza, Third Avenue $17 Million

Non-New York City Real Estate: $630 M valuation

 555 California Street, San Francisco  $320 Million
 Trump International Hotel Washington, DC   $104 Million
 Trump International Hotel & Tower Chicago   $100 Million
 Trump International Hotel Las Vegas   $75 Million
 Trump Winery, Charlottesville, VA   $30 Million
 Charleston, SC warehouse   $4 Million

Golf Courses & Clubs: $620 M valuation

 U.S. Golf Courses   $198 Million
 Mar-a-Lago, Palm Beach, FL   $175 Million
Scotland & Ireland Golf Courses   $78 Million
Trump National Doral Miami Golf Resort $170 Million

Brand Businesses: $230 M valuation

Trump Hotel Management & Licensing Business   $175 Million
Trump Product Licensing   $10 Million

 

Source: Naija News