What is Donald Trump’s net worth?

Donald Trump’s net worth makes him the richest-ever US president, and the only billionaire to live in the White House. We take a deep dive into his fortunes

US President Donald Trump
(Image credit: Francis Chung/Politico/Bloomberg via Getty Images)

Donald Trump’s net worth has always been a hot topic, as his definitive wealth is not publicly known.

His net worth has gone up since he was elected president for the second time during the 2024 US elections. According to TheStreet, Trump is the richest US president of all time (after previous presidents’ wealth is adjusted for inflation), and the only billionaire to live in the White House.

So, how rich is he? Forbes estimates that Donald Trump’s net worth currently stands at around $5.4 billion. A decade ago, Trump self-declared that his wealth was over $10 billion, but the claim couldn’t be verified.

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Though still far from matching the wealth of his favourite billionaire, Elon Musk, Trump’s fortune cements his status among the richest people in the world.

We take a deeper dive into what Trump owns, how much it's worth, and what impacts the valuations of his assets.

What makes up the majority of Donald Trump's net worth?

By far, the lion's share of Trump's net worth comes from Trump Media & Technology Group Corp (NASDAQ: DJT), the parent company of his social network, Truth Social.

Bloomberg reports that Trump has a $2.1 billion stake in the media company that went public via a merger with the special purpose acquisition company (SPAC) Digital World Acquisition Company in March 2024.

However, despite a market capitalisation of $5.49 billion and a $4.1 billion valuation, the company has struggled. Revenue dropped 12% last year, as the company generated sales of just $3.6 million and lost $401 million, regulatory filings show.

Trump's real estate empire

Besides his billions in Trump Media stock, the second-largest chunk of Trump's net worth comes from real estate, spanning residential buildings, clubs and resorts. As of March 2025, Forbes estimates this to be worth $1.1 billion.

This includes his 30% stake in 1290 Avenue of the Americas and 555 California Street, both valued at $1.8 billion and $1.6 billion, respectively.

Among Trump's other properties are Trump Tower ($200 million), 17 condos in Trump Park Avenue ($90 million), Trump Winery ($44 million), and four homes in Florida, which are worth around $98 million.

He also owns an 11,000-square-foot Trump Tower penthouse, several residential lots in California worth $45 million, and Seven Springs — a $30 million private estate in Bedford, New York.

Trump’s golf clubs and resorts, including the private club Mar-a-Lago in Palm Beach and the Trump National Doral Miami, and a few more around the US and Europe, come up to around $1.1 billion.

Finally, other assets held by Trump include one helicopter, one aeroplane, loans made to his children, and a licensing and management business worth over $100 million.

And what lies in the debit column, detracting from Trump's net worth? Forbes estimated his legal liabilities at more than $590 million.

Trump owes nearly $600 million in legal judgments in connection with two court battles in New York, although it could be years before these liabilities are resolved because he has vowed to fight those judgments.

The Brennan Center for Justice reported last year that Trump had been using his political action committee (PAC), Save America — essentially his campaign donors — to foot the millions for his legal costs.

How much Trump himself will shell out on legal fees remains to be seen.

How Donald Trump's net worth has fluctuated over time

Forbes estimated Donald Trump's net worth to be around $200 million back in 1982, rising to $1.7 billion by 1989. However, his net worth plunged in the 1990s, and he fell off the Forbes 400 list for the first half of the decade.

In 1996, he was worth about $450 million. From there, Trump's net worth gradually rose over time, and by 2007 it was $3 billion before tumbling again in 2009, at the end of the Great Recession (December 2007 to June 2009).

In 2009, Trump began building his billions again, reaching $4.5 billion in 2015. Trump's net worth began to decline again in 2016, falling to $3.7 billion before bottoming out during the pandemic at $2.5 billion in 2020 and 2021, likely in part because of closures that shuttered his clubs and resorts.

In 2022, Trump's net worth was $3.2 billion but dropped again, to $2.6 billion, in 2023. In early 2024, he grew his wealth to over $6 billion after Trump Media went public, per the Bloomberg Billionaires Index.

In 2025, a new report by State Democracy Defenders Action estimated that his crypto holdings, namely $TRUMP and $MELANIA meme coins and a stake in World Liberty Financial (a Decentralised finance, or DeFi, tied to his family) were nearly 40% of his net worth – approximately $2.9 billion.

However, after Trump fired the first shots in a global trade war thanks to his ‘Liberation Day’ tariffs, his fortunes took a tumble. In the first week of April, Forbes reported that his wealth dropped from $4.7 billion to $4.2 billion.

Moreover, Trump Media’s stock declined 8% and hit its lowest price since October 2024, shaving roughly $170 million off his stake in the company.

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Jacob Wolinsky

Jacob is an entrepreneur, hedge-fund expert and the founder and CEO of ValueWalk. 

What started as a hobby in 2011 morphed into a well-known financial media empire focusing in particular on simplifying the opaque world of the hedge fund. 

Before devoting all his time to ValueWalk, Jacob worked as an equity analyst specialising in mid- and small-cap stocks. Jacob also worked in business development for hedge funds. 

He lives with his wife and five children in New Jersey. 

Jacob only invests in broad-based ETFs and mutual funds to avoid any conflict of interest that could arise from buying individual stocks.

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