What is Donald Trump’s actual net worth?
|Net Worth:||$2.1 billion USD|
|Age/Date of Birth:||74 years old (June 14, 1946)|
|Height:||In Feet: 6 feet 3 inches
In Meters: 1.90 m.
In Centimeters: 190cm
|Wife or Girlfriend:||Melania Trump (m. 2005)|
|Parents:||Father: Fred Trump
Mother: Mary Anne MacLeod Trump
He became the first billionaire president of the United States in January 2017 and is, without doubt, the richest person to have occupied the White House, but getting the exact figure on his net worth? That is an entirely different ball game altogether.
The real estate mogul has been in the entertainment scenes for more than a decade. Trump began surfacing on the political scene in 2012. In 2016 he entered the presidential race, defeating Secretary Hilary Clinton to become the president-elect and 45th President of the United States.
Trump has severally trumpeted about how rich he is and many sources have claimed that too, but how much is he worth? Well, that would depend on who you’d rather trust. While Forbes initially estimated his net worth at $3.1 billion as at March 2020, Trump himself claims he is worth about $10 billion. He is currently worth $2.1 Billion as at the time of this update as his fortune was impacted by Coronavirus
Who Exactly is Donald Trump and How Old is He?
Donald Trump was born into a life of privilege on June 14, 1946, in Queens, New York City. He is 74 years old. His birth name is Donald John Trump and his zodiac sign is Gemini. His father was a real estate developer and he followed his father to his construction sites and worked there during the holidays when he came home. Donald Trump attended the New York Military Academy and graduated in 1964. He was very active in school and became a student leader and also represented the school in different field sports.
On religion, you can say from his inclinations that Donald Trump is a Christian although it is hard to say any more than that. Whether orthodox or unorthodox, we know that Donald Trump believes in God. His father’s family was Lutheran while his mother’s family were Presbyterians. He has close ties with several top Christian leaders in America as was revealed during the electioneering season. In the early years, Norman Vincent Peale, the author of the bestselling book, The Power of Positive Thinking ministered to the Trump household. He is an ardent reader of the Bible and says it is his most favorite book. He once described Pastor Paula White, the head pastor of New Destiny Christian Center, Florida as his spiritual confidant.
Donald Trump inherited part of his wealth from his father who at his death, was estimated to have a net worth of about $300 million. However, it is not clear how much Donald Trump got from his father’s estate. Nonetheless, it was estimated that he was worth a current equivalent of $1.4 million when he was graduating from college. The social networks, skills, and the money that Trump inherited from his father have greatly contributed to making him who he is today.
Analysis of His Net Worth, Earnings and Where they Came From
In 2015, NBC News reported that Trump claimed in a press release that he was worth more than $10 billion. However, estimates from multiple outside sources put his net worth at a far lower value. Forbes in 2020 assessed the former president’s net worth at $2.1 billion reflecting a sudden drop in value as a result of the pandemic. Prior to the pandemic, Forbes assessed his net worth at $3.1 billion, this figure is not far from another major source, the Bloomberg Billionaire’s Index, that placed Donald Trump’s pre-coronavirus net worth at $2.97 billion. Here’s a breakdown of his recent estimates
Apprentice TV Show
In 2004, Trump started a reality TV show called The Apprentice. He was the executive producer as well as the host of the show which attracted many viewers. During the first season, Trump was paid around $50,000 for one episode. This was an estimate of $700,000 for the entire first season. Fortunately, the show was such a success and Trump accordingly received 20 times more than his initial payment.
Between 2000 and 2018, Donald earned $197.3 million in Apprentice income from NBC. In recent years, “The Apprentice” was parlayed into an additional $230 million worth of endorsement and licensing deals. It was reported that Trump was paid about $3 million for a single episode. This ranked him among the highest-paid reality TV personalities.
One thing about Trump is that he is good at influencing authorities and other people to invest in his businesses. He has received high amounts of loans from successful private investors. For instance, Chase Manhattan offered him about $24 million to aid the building of the multi-million dollar, Trump Tower in New York. Trump himself owns a palatial condo in the building which is among the highest valued buildings in New York City.
In addition to the $24 million that was provided by Chase Manhattan, Trump was given an extra $150 million as a construction loan. This helped Trump make more profit from the building as none of his money was used in its construction.
Golf Courses – $217 million
Donald has several golf courses which, from Scotland to Palm Beach, Los Angeles to Dubai, he promotes via the Gold Channel. This helps to boost the value and popularity of the golf courses, thereby making him richer. Forbes puts their combined value at $217 million, down from $271 million before the coronavirus.
Presidential Salary – $400,000
As President, Donald Trump was entitled to an annual salary of $400,000. He donated all but $1 of that salary to charity. He is also entitled to $211,000 annual pension as an ex-president, this is in addition to $1 million per year in travel expense reimbursements, Secret Service for life, $150,000 for staff expenses and an office space reimbursement that ex-presidents receive
Donald Trump Brand and His Personal Net Worth
There might be other people with the name Trump, but there is only one Donald J Trump. The Trump name is tantamount to affluence and elegance which qualifies it as a brand. Apart from the famous Trump Tower, there are other properties and products that have been branded with the family name, from alcohol to airlines e.g Trump Shuttle and even ties. According to Trump, the brand is worth about $6 billion.
Inside Donald Trump’s Real Estate Empire Now Valued at $1.2 Billion
With real estate as his primary source of income, it is only expected that Trump has some palatial private properties. He owns several homes in Miami and Manhattan and it is reported that the Trump Tower penthouse, where he primarily lives, is worth $100 million. The Mar-a-Lago estate in Palm Beach is also under his name and is valued at $250 million. He also owns a 213-acre property called the Seven Springs in New York, where the Trump family often go on vacation.
A lot of Trump’s wealth is tied to a handful of multiuse buildings in Manhattan, including 125,000 square feet of retail real estate in Midtown district. With the pandemic, commercial properties that were worth roughly $1.9 billion are now valued at $1.2 billion
Other than the properties, Trump owns a private jet that is estimated to worth around $100 million. That said, it is not clear what he is worth, as different sources give different reports. While Forbes determined he’s worth $2.1 billion, Trump said himself that he is worth about $10 billion, but we all know Trump for his narcissism.
Meet Donald Trump’s Family: His Parents, Wife, and Kids
The son of Frederick C. Trump and Mary MacLeod, Donald Trump is the fourth of his parent’s five children the other four being Maryanne Trump Barry, Fred Trump Jr., Elizabeth Trump Grau, and Robert Trump. He has had three marriages of which two ended in a public divorce making him only the second US president to be divorced, the first being Ronald Regan.
Trump married his first wife, Ivana Marie Zelníčková, a model from the Czech Republic in 1977 when he was 30 years old. He cheated on his wife with actress and TV personality, Maria Ann Maples, leading to the dissolving of the marriage in 1992 after the union produced three children. Donald Trump went ahead and married Maples in 1993 but like his first marriage, it ended in divorce in 1999. Six years later, he remarried again to Melania Knauss, who gave birth to his fifth child and third son, Barron Trump. She remains his current wife and the First Lady of the United States.
In all, Donald Trump has five children from his three marriages and in this section, we will provide you with information about not just them but also other members of his immediate family.
Frederick Christ Trump & Mary Trump (Parents)
Fred Trump as the senior Trump was popularly called, was a rich real estate developer in New York. He developed an empire which had about 27,000 residential units that ran across Queens and Brooklyn. His own father, also an astute businessman, amassed his wealth in the Alaska gold rush but before the then-13-year-old Fred could grow to the level of learning much about business from him, he died of influenza. That notwithstanding, Fred still grew up to tow his father’s business path and in 1927 he founded his company, E. Trump & Son, in Queens together with his mother, Elizabeth. Later on, the company was renamed the Fred Trump Organization.
In 1936, Fred tied the knot with Mary Trump (nee MacLeod), daughter of a Scottish immigrant, and together they bore 5 children. It is common knowledge that Fred raised his children using the authoritarian parenting style and even though he was very rich, he was known to be frugal and against living a flamboyant life. Towards the end of his life, Senior Trump suffered Alzheimer’s for six years before he eventually passed on from pneumonia in 1999. His wife Mary soon followed in 2000.
Maryanne Trump Barry (Oldest Sister)
Born on the 5th of April, 1937, in Queens in New York City, Maryanne is the first child Fred and Mary Trump and nine years Donald Trump’s senior. She is a retired American judge who began her legal career in 1974 as an Assistant Attorney of the United States and one of just two women among sixty-two lawyers who served in the office of the U.S Attorney for the District of New Jersey. Before this time, Maryanne was a homemaker for 13 years. Nine years later, precisely on the 14th of September 1983, President Reagan nominated her to the U.S District Court for the District of New Jersey. In 1999, she made it to the seat on the U.S. Court of Appeals for the Third Circuit after President Bill Clinton nominated her and there she served until she retired in 2019.
Maryanne Trump Barry has been married twice and has an only child, a son named David William Desmond who was fathered by her first husband. Sadly, she became a widow after her second husband, lawyer John Joseph Barry passed on in 2000.
Fred Trump Jr. (Oldest Brother)
The second child of the Trump family and the first son named Frederick Crist Trump Jr. was born in Queens, New York, on October 14, 1938. He was the only son of the family who abandoned business to become an airplane pilot. Being the first son, Fred Sr. had wanted him to take over the family business after him but that was not to be as he proved to be a poor fit. Fred Jr. rather decided to be a pilot, a choice which resulted in tension between him and his father, earning him ridicule from both his dad and his brother, Donald. Unfortunately, Fred Jr. could not get to the peak of his career as a pilot due to alcoholism which made him quit flying and move back to his parent’s house. Back home, he got a job doing maintenance on his father’s properties.
Fred Jr. fathered two children- Mary and Fred III- with his wife Linda Clapp. He died at the age of 42 on September 26, 1981, due to an alcohol-induced heart attack.
Elizabeth Trump Grau (Older Sister)
Elizabeth was born in 1942 and in 1989, she got married to James Grau, a documentary film producer. She worked at Chase Manhattan Bank as an administrative assistant before she retired and moved with her family to Palm Beach, Florida.
Robert Trump (Younger Brother)
The youngest child of the Trump family, Robert Stewart Trump, lived from August 26, 1948 – August 15, 2020. He shared a very close bond with his brother Donald who at his death, confessed that he was not just his brother, but also his best friend. After joining the family’s business, Robert worked his way to the top, becoming a high-ranking executive at the Trump Organization before his retirement in Millbrook, New York.
He tied the knot with Blaine Beard in 1980 and adopted her son, Christopher Hollister Retchin, who is a product of her previous marriage. The duo subsequently divorced in 2007 and Robert stayed unmarried until March 2020 when he remarried to Ann Marie Pallan, his secretary of many years. He died on August 15 2020, at age 71 after being hospitalized in New York.
Melania Trump (Third & Current Wife)
Melania Trump was born Melanija Knavs in Novo Mesto, SR Slovenia, on the 26th of April, 1970 to Viktor Knavs and Amalija (née Ulčnik). She attended the Secondary School of Design and Photography in Ljubljana, Slovenia before moving on to study architecture and design at the University of Ljubljana. However, she dropped out one year after. Melania worked as a fashion model under modeling agencies in Milan and Paris and subsequently relocated to New York City in 1996, continuing her modeling career.
On January 22, 2005, Melania became President Donald Trump’s third wife. They met seven years before their marriage while Trump was in the process of getting divorced from his second wife, Marla Maples. The couple tied the knot in an Anglican service at the Episcopal Church of Bethesda-by-the-Sea in Palm Beach, Florida, followed by a lavish reception ceremony which held at Mar-a-Lago in Palm Beach.
Donald Trump, Jr. (Oldest Son)
Born on December 31, 1977, in Manhattan, New York City, Donald Jr. is the first of Donald Sr.’s children and a product of his father’s marriage to Ivana. He is the executive vice president of Trump Organization and together with his brother Erc, he has been responsible for managing Trump Organization assets during their father’s time as America’s President.
Donald Jr. married model Vanessa Haydon in 2005 and had five children with her, including three boys and two girls. Their union ended in divorce in 2018 and since then, he has been involved with Kimberly Guilfoyle, a one-time Fox News host.
Ivanka Trump (Daughter)
Donald Trump and his first wife welcomed their first daughter, Ivana Marie “Ivanka” Trump on October 30, 1981, in Manhattan, New York City. It is no secret that she is her father’s favorite child and with Trump in power, she has been more actively involved in the running of the White House than her brothers. Following the election of her father into the office of President, Ivanka became Senior Adviser to the President, giving up her role as Executive Vice President at the Trump Organization just like her husband Jared Kushner also did. Afterward, the couple moved with their three children – Arabella, Theodore, and Joseph- to Washington, D.C
Eric Trump (Second Son)
Donald and Ivana’s youngest child Eric Frederick Trump was born on January 6, 1984. He is actively involved in his father’s business and serves as the executive vice president at the Trump Organization as well as the president of Trump Winery in Charlottesville, Virginia. According to reports, Eric is in charge of his father’s campaign finances for the upcoming 2020 election while his wife, Lara Yunaska, a one-time TV producer whom he married in 2014, is responsible for preaching Trump’s message on television.
Eric and Lara welcomed their first child, a baby boy named Eric “Luke” Trump, on September 12, 2017, and on August 19, 2019, their second child Carolina Dorothy Trump followed.
Tiffany Trump (Second Daughter)
Added: Born at St. Mary’s Medical Center in West Palm Beach, Florida, Tiffany Ariana Trump is the only child of Trump and his second wife Marla Maples. She arrived on October 13, 1993, just two months prior to her parent’s marriage. Tiffany graduated from Viewpoint School in Calabasas, California, in 2012 and continued her education at the University of Pennsylvania, graduating in 2016 with a BA. in sociology majoring in law and society. In 2017, she moved on to Georgetown University Law Center in Washington, D.C. from where she graduated in May 2020.
Tiffany Trump has tried her hands at music and released a single titled “Like a Bird” in 2011. In a later interview with Oprah Winfrey, she revealed that she was still unsure whether to go into music professionally.
Barron Trump (Youngest Son)
Added: Barron William Trump is the son of/only child between President Donald Trump and First Lady Melania. The youngest of the Trump family, he was born in Manhattan, New York, United States, on 20 March 2006. Of all his siblings, Barron avoids publicity the most and as opposed to children of past presidents all of who studied at the Sidwell Friends School, he is set to be enrolled at St. Andrew’s Episcopal School in Potomac, Maryland, this fall. This will make him the first child of a president to study there.
|Also Known As:||The Donald|
|Profession:||Politician, businessman, and reality TV star|
|Famous For:||Being the president of the United States of America and a billionaire. He is also known for his time in his reality TV show, The Apprentice.|
|Colleges/Universities Attended:||Kew-Forest School
New York Military Academy (1959 - 1964)
Fordham University (1964 - 1966)
Wharton School of the University of Pennsylvania (1966–1968)
|Educational Qualifications:||BS in Economics|
|Birthday & Zodiac
|Age/Date of Birth:||74 years old (June 14, 1946)|
|Birth Place:||Queens, New York City|
|Country of Residence: ||The United States of America|
|Height:||In Feet: 6 feet 3 inches
In Meters: 1.90 m.
In Centimeters: 190cm
|Weight:||In Kilogram: 108 kg
In Pound: 239 lbs.
|Hair Color:||Light brown|
|Other Body Measurements:||Chest Size: 44 inches
Bicep/arm Size: 13 inches
Hip Size: 36 inches
|Spouse/Partner:||Melania Trump (m. 2005)|
|Family and Relatives
|Mother:||Mary Anne MacLeod Trump|
|Children:||Donald Trump Jr. (Born on December 31, 1977)
Ivanka Trump (Born on October 30, 1981)
Eric Trump (Born on January 6, 1984)
Barron Trump (Born on March 20, 2006)
Tiffany Trump (Born on October 13, 1993)
|Siblings:||Maryanne Trump Barry, born in 1937 (Sister)
Fred Trump Jr., born in 1938 (Brother)
Elizabeth Trump Grau, born in 1942 (Sister)
Robert Trump, born in 1948 (Brother)
|Other Relatives:||Elizabeth Christ Trump- Grandmother
Frederick Trump: Grandfather
Grandchildren: Kai Madison (born May 12, 2007), Chloe Sophia (born June 16, 2014), Donald John III (born February 18, 2009) Tristan Milos (born October 2, 2011), Spencer Frederick (born October 21, 2012) Arabella Rose (born July 17, 2011) Joseph Frederick (born October 14, 2013), Theodore James (born March 27, 2016), "Luke" (born September 12, 2017), and Carolina Dorothy (born August 19, 2019).
Ex-wives: Marla Maples (m. 1993–1999) and Ivana Trump (m. 1977–1992)
|Estimated Net Worth:||$2.1 billion USD|
|Source of Wealth:||He inherited a fortune from his father. He also made money as a real estate magnate and reality TV star, a book writer, investor, as well as from his salary as the President of the United States of America.|
Your Questions Answered
The 45th President of the United States, Donald Trump got impeached in 2019 by the U.S. House of Representatives for abuse of power and obstruction of Congress. The impeachment was mostly based on party line with 230 members for and 167 against. Only a member was absent.
The younger Donald Trump is 42 years old. He was born in 1977.
Trump is a Christian. He identifies as Presbyterian.
Trump is blessed with five kids; Donald Trump Jr., Ivanka Trump, Eric Trump, Tiffany Trump, and Barron Trump. Donald Jr was born on December 31, 1977, to Ivana Trump who is also the mother of Ivanka Trump (born on October 30, 1981) and Eric Trump (born on January 6, 1984). Tiffany Trump was born on October 13, 1993, to Marla Maples while Baron Trump was born to Melania Trump on March 20, 2006.
Trump has been married three times thus far. His first marriage was to Ivana Trump from 1977 to 1992 and then he got married to Marla Maples from 1993 to 1999. His third marriage was to Melania Trump who he is still with. The two got married in 2005.