So Forbes dug into property records, court documents and government filings to unearth as much of the first family’s financial dealings as possible. Neither has the first lady, besides a small Trump Tower apartment, 33 floors below the couple’s gilded penthouse, worth $1.5 million.
Over the past two decades, the three siblings have taken in an estimated $35 million each in pretax salary, commissions and bonuses, according to a Forbes analysis of Donald and Ivanka Trump ’s financial disclosures. Ivanka, whose company licensed her name to outside manufacturers, likely got around a 7% cut of her brands’ wholesale revenues, which are typically about half of retail sales, according to industry experts.
A document the president’s son-in-law privately submitted to a potential lender, later obtained by the New York Times, narrows that range considerably. Much of their fortune remains tied up in Kushner Cos.’ commercial buildings and rental apartments, plus cash accounts and a portfolio of index and mutual funds.
Ivanka still has her two-bedroom “starter” apartment on the sixth floor of the Trump Park Avenue building her father developed, worth about $3 million. Has spent a career working for his father and funneling his salary into businesses of his own, with a mixed track record to show for it.
He was among a group of investors who purchased an old Navy hospital in the city for $5 million, with a plan to renovate it and lease part of it back to the county. It’s unclear whether Don Jr., who told Charleston’s Post and Courier he was a passive 10% investor “with no voting rights or control,” profited from the deal.
And a group of investors bought the place as part of a prefab concrete business they hoped would revolutionize low-cost home building. The president quietly sold the building, which had a history of roof leaks and environmental contamination, in February 2018 for $4.1 million.
The president’s parents, Fred and Mary Trump, appear to have made only minor bequests to their grandchildren, according to documents filed by their estates. Yet the lack of detailed financial records, including Trump family tax returns, make it difficult to fully trace how much wealth has trickled down to the president’s children.
When Forbes launched its inaugural list of the 400 richest Americans in 1982, Donald Trump personally lobbied harder than anyone for a higher spot on the ranking. “ Donald claims $500 million.” In 1985, he invented a fake persona to lie about a transfer of wealth from his father, successfully securing a sole spot on the list.
His actual wealth isn't publicly known, because most of his earnings are hidden in private investments and shell corporations, which is standard practice for the uber-rich, First Family included (via Forbes). The three oldest children, Don, Ivanka, and Eric, own a 7.5 percent stake each in the Trump International Hotel in Washington, D.C., which is worth about $6 million.
Now, don't assume that Don has been working his fingers to the bone on his own to become a multi-millionaire by the age of 42. Since his father has taken office, Don and his brother Eric have taken over all operations at the Trump Organization (via Town & Country).
It's estimated he made a cool $35 million in pre-tax salary over the past 20 years working at the Trump Organization, and he used that money to create his own portfolio of earnings and investments. He owns a 6,000 square-foot apartment in midtown Manhattan, he's a co-owner in a 170-acre hunting preserve in upstate New York with his brother Eric, and he most recently purchased a $4.5 million estate in the Hampton's (via Celebrity Net Worth).
Is an American businessman and TV personality who has a net worth of $300 million. Earned his net worth as Executive Vice President at their father's company, The Trump Organization.
Donald and his siblings, Ivanka and Eric, technically do not have ownership stakes yet in the vast majority of their father's businesses. He is the first child of real estate developer turned President Donald Trump and former Olympic skier Ivana Trump.
His parents divorced when he was 13 years old, and his mother told him his father was having an extramarital affair. Found a role model in his maternal grandfather who had a home in Prague, and he would spend summers there learning the Czech language.
Trump Organization: Trump Jr moved to Aspen, Colorado after graduating from college, where he lived in a truck and worked as a bartender for a year before returning to join the Trump Organization in New York. Holding the position of Executive Vice President at The Trump Organization, Donald Jr.
Works in tandem with his brother Eric Trump on the national and international expansion of the real estate company. Thanks to his rigorous education, inherent business sense and vast experience in real estate development, Trump Jr.
Attended a meeting, along with Jared Kushner and Paul Manafort, with several Russian lobbyists. Initially told the media that adoption of Russian children was the main subject of the meeting, however, it was revealed that Trump Jr.
Had agreed to attend the meeting with the understanding that he would receive “opposition research” on Hillary Clinton. In November 2017, it was revealed that Julian Passage had used the WikiLeaks Twitter to correspond with Trump Jr.
Had been urged to reject the results of the election at a time when it appeared likely that his father would lose. To share an unfounded claim that Hillary Clinton had wanted to attack Passage with drones.
Asked to have his Secret Service detail removed due to lack of privacy, but his protection was restored just weeks later. Actively campaigned during the 2018 midterm elections for Republican candidates, as well as raised millions of dollars for them.
Has come under fire for insensitive comments on race and immigration in the past, and he often retweets conspiracy theorists. He has talked extensively throughout the United States and has delivered keynote speeches internationally, notably in Dubai and India.
Sits on the board of directors of Operation Smile and was heavily involved in the Eric Trump Foundation. He released the book Triggered: How the Left Thrives on Hate and Wants to Silence Us” in 2019.
The book was a New York Times Best Seller and was purchased in bulk by at least nine Republican organizations. Was married to pasta sauce heiress and model Vanessa Hayden Trump from 2005 to 2018.
During the 2016 election, Democratic nominee Hillary Clinton had a nice thing to say about her opponent, Republican Donald Trump : That he had wonderful children. While Trump himself has proven to be a divisive, toxic personality in the political world, a lot of people still hold positive views in regard to his kids.
While Trump ’s older children have gone on to enter the business world themselves, two of them are younger and still in school. We’ll take a closer look at each one of Trump ’s children, including their net worth and what they do professionally.
Net worth : $740 million Primary occupation: Entrepreneur, White House special helper Along with her husband, Jared Kushner (who we’ll get to in a minute), she is worth an incredible $740 million.
Donald Trump.’s net worth is currently estimated to be in the $200 million neighborhood. His current role is to oversee the company’s properties, which earns him a nice paycheck.
Eric Trump ’s net worth is similar to his brother Donald Jr.’s finances. We just touched on Eric, who is also a vice president of the Trump Organization.
She’s a fresh college grad, too, and is continuing her studies at law school. He’s just a kid at 11 years old, but he’s been thrust into the limelight as he’s living at the White House with his father and mother.
But you can assume that he’ll probably follow in his father and siblings’ footsteps into the business world. Jared Kushner mostly made his money from real estate.
Net worth : $740 million Primary occupation: White House Innovations Director, real estate developer Kushner has a lot on his plate as the White House Innovations Director (and any other title they make up for him), and may have a lot more trouble coming his way as a result of the Russia investigation.
We’ll dismount by briefly touching on father Donald. Mr. Trump ’s main qualification for the presidency was that he was rich and successful.
We’ve found that he’s not quite as wonderful as he seems to think over the past two years, but he’s still pretty rich.