How rich is Donald Trump? Here is the real wealth of the Tycoon

Elizabeth Smith

He is not as rich as he boasts, nor as poor as his critics claim. Donald Trump’s net worth? 2.5 billion dollars. The data comes from the Forbes analysis of March 2023, which also offers a breakdown of the former president’s fortune, asset by asset.

Trump’s golf clubs and resorts worth $730 million

Among the properties in this branch of real estate, Trump can count on the famous Mar-A-Lago residence in Palm Beach, Florida, worth 325 million.

In this list we then find ten estates in the United States where it is possible to practice golf, worth 216 million. Also, three golf clubs in Europe (two in Scotland and one in Ireland) worth $94 million. Moreover, residential lots in Rancho Palos Verdes in California worth 55 million.

Follows the $42 million Trump National Doral Miami resort and two homes in Virginia next to his $2 million golf clubs.

Real estate in NY: $720 million

There are around ten of Trump’s maxi properties in New York. In addition to the most famous Trump Tower (with a gross value of 2 billion dollars but excluding debts of 330 million dollars) and Trump Plaza (net value of 16 million dollars), Trump also owns several residential and commercial structures.

Liquidity and media worth $850 million

A large part of Trump’s wealth is made up of cash and personal assets ($610 million) and social media and management ($240 million).

Trump’s liquidity is 425 million dollars (data updated to March 2023) and among his personal assets we find: the 51 million dollar Trump Tower Penthouse; his $15 million airplane fleet and $5 million loans to his children.

Completing Trump’s assets are real estate properties not located in New York City, worth $230 million.

Donald Trump leaves the ranking of the richest Americans

Donald Trump is no rich enough for the most exclusive club in the United States. With an estimated wealth of 2.6 billion dollars, he is 300 million short of entering the ranking of the richest people in America, the Forbes 400.

His net worth is down more than $600 million from a year ago. The main reason is Truth Social, his social media company. Trump predicted that a significant percentage of the country would connect to the platform. It didn’t happen.

So far, around 6.5 million people have signed up, around 1% of the total of X (the former Twitter). Trump’s 90% stake in Truth’s parent company has plummeted in value, from an estimated $730 million to less than $100 million.

Read also: All the nicknames that Donald Trump has given to his opponents

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