Donald Trump is the first billionaire to serve as president of the United States - here's how he spends his $3.1 billion fortune, from his 24-karat gold-plated helicopter to the $350,000 in annual alimony to his first wife

Advertisement
Donald Trump is the first billionaire to serve as president of the United States - here's how he spends his $3.1 billion fortune, from his 24-karat gold-plated helicopter to the $350,000 in annual alimony to his first wife

donald trump president

Joe Raedle/Getty Images

Donald Trump is the first billionaire in history to serve as President of the United States.

Advertisement
  • Donald Trump, with a net worth of $3.1 billion according to Forbes, is the first billionaire in history to serve as president of the United States.
  • From his New York real estate to his golf clubs around the world, he rakes in millions of dollars of revenue annually.
  • Here's how Trump spends his fortune.

Donald Trump is worth an estimated $3.1 billion, according to Forbes, making him the first billionaire in US history to serve as president.

From emblazoning a private helicopter in 24-karat gold, right down to the seatbelts, to a 100-cabin yacht dubbed "Trump Princess," here's how the real-estate titan spends his fortune.

{{}}

Forbes currently estimates Donald Trump's net worth to be $3.1 billion, a $400 million drop since he took presidential office in January 2017.

Forbes currently estimates Donald Trump's net worth to be $3.1 billion, a $400 million drop since he took presidential office in January 2017.

Source: Forbes

During his presidential campaign, Trump claimed he had a net worth of $10 billion —three times as much as it really was.

During his presidential campaign, Trump claimed he had a net worth of $10 billion —three times as much as it really was.

Source: Business Insider and Time

Advertisement

Still, he's made history as the first billionaire to serve as President of the United States.

Still, he's made history as the first billionaire to serve as President of the United States.

Source: Time

Trump's finances are supplemented annually by a variety of sources.

Trump's finances are supplemented annually by a variety of sources.

Source: Forbes

Advertisement

Between January 2016 though the spring of 2017, Trump raked in anywhere from $597,396,914 to $667,811,903, according to a public financial disclosure report.

Between January 2016 though the spring of 2017, Trump raked in anywhere from $597,396,914 to $667,811,903, according to a public financial disclosure report.

Source: Business Insider

While running for the presidency, Trump emptied out $66 million from his own pockets to fund his campaign, according to campaign finance disclosures examined by Reuters.

While running for the presidency, Trump emptied out $66 million from his own pockets to fund his campaign, according to campaign finance disclosures examined by Reuters.

Source: Business Insider

Advertisement

Now as president, he also earns about $400,000 a year, which he has so far donated to the Department of Education, the Department of Interior, and the Department of Health and Human Services.

Now as president, he also earns about $400,000 a year, which he has so far donated to the Department of Education, the Department of Interior, and the Department of Health and Human Services.

Source: Time

His presidential salary is a drop in the bucket compared to the rest of his income.

His presidential salary is a drop in the bucket compared to the rest of his income.
Advertisement

Revenue from New York City real estate alone accounts for $1.5 billion of his net worth, according to Forbes.

Revenue from New York City real estate alone accounts for $1.5 billion of his net worth, according to Forbes.

Source: Forbes

Sales from Central Park Carousel admission and ice skating rink operations combined add up to more than $13,000,000 in revenue.

Sales from Central Park Carousel admission and ice skating rink operations combined add up to more than $13,000,000 in revenue.

Source: Business Insider and Center for Responsible Politics

Advertisement

And $170 million of his total net worth is generated from the Trump brand and licensing alone.

And $170 million of his total net worth is generated from the Trump brand and licensing alone.

Source: Forbes

Hundreds of millions of dollars more are generated from golf clubs and real estate outside of New York City.

Hundreds of millions of dollars more are generated from golf clubs and real estate outside of New York City.

Source: Forbes

Advertisement

His exclusive private Mar-a-Lago club in Palm Beach, for example, is valued at $160 million.

His exclusive private Mar-a-Lago club in Palm Beach, for example, is valued at $160 million.

Source: Forbes

It became even more exclusive after Trump became president. You now need to shell out $200,000 for initiation fees to join, up from $100,000 from before the election.

It became even more exclusive after Trump became president. You now need to shell out $200,000 for initiation fees to join, up from $100,000 from before the election.

Source: Forbes

Advertisement

But among the perks afforded to you are 58 bedrooms, 33 bathrooms, 12 fireplaces, and 3 bomb shelters.

But among the perks afforded to you are 58 bedrooms, 33 bathrooms, 12 fireplaces, and 3 bomb shelters.

Source: Business Insider

In 2011, Trump doled out $6.2 million for a winery and vineyard in Charlottesville, Virginia. He later sold it to his eldest son, Eric. The property is known as Trump Vineyard Estates.

In 2011, Trump doled out $6.2 million for a winery and vineyard in Charlottesville, Virginia. He later sold it to his eldest son, Eric. The property is known as Trump Vineyard Estates.

Read more about what it's like to go to Trump Vineyard Estates.

Source: The Washington Post

Advertisement

As far as his cash and personal assets go, they account for $320 million of his net worth, according to Forbes.

As far as his cash and personal assets go, they account for $320 million of his net worth, according to Forbes.

Source: Forbes

That includes his massive personal aircraft fleet, which he used to travel during his election campaign.

That includes his massive personal aircraft fleet, which he used to travel during his election campaign.

Source: The New York Times

Advertisement

Trump reportedly bought a Boeing 727 in 2010 from Microsoft co-founder Paul Allen for $100 million.

Trump reportedly bought a Boeing 727 in 2010 from Microsoft co-founder Paul Allen for $100 million.

Source: Business Insider and The New York Times

According to the New York Times, the aircraft burns fuel at a rate of thousands of dollars an hour.

According to the New York Times, the aircraft burns fuel at a rate of thousands of dollars an hour.

Source: The New York Times

Advertisement

He also owns a Cessna, a jet known for its low operating costs and high performance.

He also owns a Cessna, a jet known for its low operating costs and high performance.

Source: Jet Advisors

It was reportedly worth $15.3 million bought new and $3.2 million secondhand in 2016.

It was reportedly worth $15.3 million bought new and $3.2 million secondhand in 2016.

Source: The New York Times and Business Insider

Advertisement

He also owns three Sikorsky S-76's, helicopters known for their ease-of-use.

He also owns three Sikorsky S-76's, helicopters known for their ease-of-use.

Source: The New York Times and Wired

Previously-owned Sikorsky S-76's usually sell for $5 million to $7 million.

Previously-owned Sikorsky S-76's usually sell for $5 million to $7 million.

Source: The New York Times and Wired

Advertisement

With his most recently purchased S-76, Trump had the whole interior gutted and redone with 24-karat gold-plated hardware, from the seat belts and handles to his family crest emblazoned on the side of the aircraft.

With his most recently purchased S-76, Trump had the whole interior gutted and redone with 24-karat gold-plated hardware, from the seat belts and handles to his family crest emblazoned on the side of the aircraft.

Source: The New York Times and Wired

All of the gold embossment cost Trump an estimated $750,000.

All of the gold embossment cost Trump an estimated $750,000.

Source: CNBC and Business Insider

Advertisement

He's also indulged in road travel.

He's also indulged in road travel.

He reportedly owns a vintage Rolls-Royce Silver Cloud ...

He reportedly owns a vintage Rolls-Royce Silver Cloud ...

Source: The Washington Post and Business Insider

Advertisement

... a Rolls-Royce Phantom, which starts at $500,000 ...

... a Rolls-Royce Phantom, which starts at $500,000 ...

Source: The Washington Post and Business Insider

... a Ferrari ...

... a Ferrari ...

Source: The Washington Post and Business Insider

Advertisement

... a Mercedes-Benz 3600, and a Maybach.

... a Mercedes-Benz 3600, and a Maybach.

Source: The Washington Post and Business Insider

He also reportedly bought First Lady Melania a $455,000 SLR McLaren.

He also reportedly bought First Lady Melania a $455,000 SLR McLaren.

Source: The Washington Post and Business Insider

Advertisement

Trump also shelled out $30 million for a 100-cabin yacht in the 1980s and called it "Trump Princess."

Trump also shelled out $30 million for a 100-cabin yacht in the 1980s and called it "Trump Princess."

Source: Cheatsheet

Trump has a penchant for suits made by Italian brand Brioni, a clothing line found in the closets of many a powerful CEO and celebrity.

Trump has a penchant for suits made by Italian brand Brioni, a clothing line found in the closets of many a powerful CEO and celebrity.

Source: Business Insider and Business of Fashion and Barron's

Advertisement

The luxurious suits sell for anywhere between $5,250 and $6,900.

The luxurious suits sell for anywhere between $5,250 and $6,900.

Source: Business Insider and Business of Fashion

During his tenure on the reality show "The Apprentice," Brioni supplied Trump with suits to wear on air, but while campaigning, he started paying for them himself.

During his tenure on the reality show "The Apprentice," Brioni supplied Trump with suits to wear on air, but while campaigning, he started paying for them himself.

Source: Business Insider and Business of Fashion

Advertisement

Trump's assets also include a number of personal residences.

Trump's assets also include a number of personal residences.

Source: Forbes

His three homes near Mar-a-Lago in Palm Beach, Florida, are valued at $36 million.

His three homes near Mar-a-Lago in Palm Beach, Florida, are valued at $36 million.

Source: Forbes

Advertisement

His Beverly Hills, California, home is worth $13 million.

His Beverly Hills, California, home is worth $13 million.

Source: Forbes

And Trump's St. Martin island abode in the West Indies is valued at $15 million.

And Trump's St. Martin island abode in the West Indies is valued at $15 million.

Source: Forbes

Advertisement

Trump purchased the St. Martin property in 2013 for an undisclosed price before listing it for sale four years later for $28 million.

Trump purchased the St. Martin property in 2013 for an undisclosed price before listing it for sale four years later for $28 million.

Source: Forbes

It saw a price gouge since Trump was sworn into office, due to potential buyers wishing to avoid the publicity that would come with purchasing the property, according to local real estate brokers.

It saw a price gouge since Trump was sworn into office, due to potential buyers wishing to avoid the publicity that would come with purchasing the property, according to local real estate brokers.

Source: Forbes

Advertisement

Over on the East Coast, Trump's Seven Springs private estate in Bedford, New York, is valued at $30 million. He bought it in 1996 for a reported $7.5 million.

Over on the East Coast, Trump's Seven Springs private estate in Bedford, New York, is valued at $30 million. He bought it in 1996 for a reported $7.5 million.

Source: Forbes

And then there's the Trump Tower Penthouse in the heart of Manhattan valued at $57 million.

And then there's the Trump Tower Penthouse in the heart of Manhattan valued at $57 million.

Source: Forbes

Advertisement

That's a steep drop from its 2016 valuation of $100 million.

That's a steep drop from its 2016 valuation of $100 million.

Source: Travel + Leisure

The penthouse is adorned in 24-karat gold and marble a la King Louis XIV.

The penthouse is adorned in 24-karat gold and marble a la King Louis XIV.

Source: Travel and Leisure

Advertisement

Even the drinking glasses are rimmed in gold.

Even the drinking glasses are rimmed in gold.

Source: Travel + Leisure

Trump also covers his children's schooling.

Trump also covers his children's schooling.

Source: Cheatsheet and Business Insider

Advertisement

Barron's tuition at New York's Columbia Grammar and Preparatory School was $40,000 a year.

Barron's tuition at New York's Columbia Grammar and Preparatory School was $40,000 a year.

Source: Cheatsheet and Business Insider

When Trump's election brought his family and Barron to Washington DC, Barron transferred to St. Andrew's Episcopal School in Maryland. The tuition there also costs about $40,000 a year.

When Trump's election brought his family and Barron to Washington DC, Barron transferred to St. Andrew's Episcopal School in Maryland. The tuition there also costs about $40,000 a year.

Source: Cheatsheet and Business Insider

Advertisement

He also reportedly pays Tiffany's way through college and grad school. She currently attends Georgetown Law School, which costs upwards of $58,000.

He also reportedly pays Tiffany's way through college and grad school. She currently attends Georgetown Law School, which costs upwards of $58,000.

Source: Cheatsheet

His divorce with first wife Ivana also cost Trump a pretty penny.

His divorce with first wife Ivana also cost Trump a pretty penny.

Source: Cheatsheet

Advertisement

She not only received the initial $10 million from the divorce settlement, but also the 45-room mansion in Greenwich, Connecticut, that the couple shared ...

She not only received the initial $10 million from the divorce settlement, but also the 45-room mansion in Greenwich, Connecticut, that the couple shared ...

Source: Cheatsheet

... an apartment in Trump Plaza ...

... an apartment in Trump Plaza ...

Source: Cheatsheet

Advertisement

... $300,000 a year in child support ...

... $300,000 a year in child support ...

Source: Cheatsheet

... and annual alimony of $350,000.

... and annual alimony of $350,000.

Source: Cheatsheet

Advertisement

There's some speculation about exactly how much Trump has donated to philanthropic causes, but he did donate $1 million of his own money to Hurricane Harvey relief efforts in 2017.

There's some speculation about exactly how much Trump has donated to philanthropic causes, but he did donate $1 million of his own money to Hurricane Harvey relief efforts in 2017.

Source: Business Insider and The New Yorker

Next StoryBig companies are crushing their competition in the US, and it's creating a dangerous 'fake capitalism' that hurts workers and consumers