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).
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. Executive vice president at his father’s The Trump Organization who is famous as the first child of the 45th President of the United States Donald Trump.
He was born in the 1970s, in the middle of Generation X, and in the Year of the Serpent. His birth flower is Narcissus and birthstone is Tanzania, Turquoise, Zircon and Topaz.
Name: Donald Trump. Known As:Business ExecutiveBirth Date:December 31, 1977Birthplace:New York City, New York, Current Age:43 years nationality:AmericanZodiac Sign:CapricornGeneration:Generation X. Go to next page for details on Donald Trump.’s net worth and earnings.
Is an American businessman widely known as one of the sons of current U.S. president Donald Trump. Is the executive vice of the Trump Organization which deals most of the business that earns him most of his money.
Trump Organization provides services in Construction, Real Estate Development, Entertainment, Hospitality, Retail & Online Shopping, and Diversified Investment. Donald Trump began working at the marine on Trump Castle as a dock.
Before making active involvement to father business, he spent a stint period working as a bartender. Made his appearance as a judge and guest adviser in father Donald Trump reality series The Apprentice.
On November 2005, Donald Trump tog married to model Vanessa Trump and the couple shares five children together. He surprised his wife by gifting a Polaris RR on her birthday.
The vehicle is blue, black and white color mixed. Donald Trump has an extraordinary house which includes royal class furniture.