From a 58-bedroom estate to a helicopter fleet, here's how the Trump family spends their billions

Hillary Hoffower

Jul 13, 2018, 23:05 IST

From a 58-bedroom estate to a helicopter fleet, here's how the Trump family spends their billions

Brendan McDermid/Reuters

Combined, Donald Trump and his family are worth more than $4 billion.

President Donald Trump's net worth is currently estimated to be $3.1 billion, according to Forbes.
Combine that with the individual net worths of the Trump children, and the entire Trump family is worth more than $4 billion.
They spend their money lavishly, from a hefty real estate portfolio and an aviation fleet to designer clothes.

Donald Trump's net worth is currently estimated to be $3.1 billion - down an estimated $400 million since he took office in January 2017, reports Forbes.

And that's not to mention the individual net worths of his adult children - a reported $150 to $300 million for Eric Trump, reported $200 million for Donald Trump Jr., and reported $600,000 for Tiffany Trump, according to Cheat Sheet. Ivanka Trump, who runs her own business, has the largest net worth of all the children, estimated to be up to $762 million with husband Jared Kushner, reports CNN, citing financial documents released by the White House.

Combined, that makes the entire Trump family's fortune worth over an estimated $4 billion.

From pricey penthouses and expensive schooling to high-end shopping and a full-on aviation fleet, here's how they drop their millions and billions.

Donald Trump's net worth is currently estimated to be $3.1 billion — down an estimated $400 million since he took office in January 2017.

According to his executive branch personnel public financial disclosure report, he earns anywhere from $597,396,914 to $667,811,903 between January 2016 and spring 2017.

Before he was elected, Trump spent $66 million of his own money on his presidential campaign, according to campaign finance disclosures examined by Reuters.

Trump often traveled during his campaign using his huge aircraft fleet. He reportedly bought a Boeing 727 for $8 million back in the day, which he then replaced in 2010 with a Boeing 757 that he reportedly bought from Microsoft's Paul Allen for $100 million.

He also owns a Cessna jet, which reportedly was worth $15.3 million new and had a resale value of $3.2 million in 2016.

And that's not to mention his three Sikorsky helicopters. Pre-owned Sikorsky S-76s typically sell for $5 million to $7 million — not counting the estimated $750,000 Trump spent redoing the interior of his most recent purchase, which involved 24-karat gold-plated hardware.

Trump also has a collection for the road. He reportedly owns a vintage Rolls-Royce Silver Cloud, Rolls-Royce Phantom (which starts at $500,000), a Maybach, a Ferrari, and a Mercedes-Benz 3600. He also reportedly bought Melania a $455,000 SLR McLaren.

Trump has an affinity for Brioni suits, which range from $5,250 to $6,900. While the brand supplied him with suits during "The Apprentice," he started paying for them during his campaign trail.

Source: Business of Fashion

Melania also has a taste for pricey fashion. She's been spotted wearing everything from a $2,095 Givenchy cape dress at the International Red Cross Ball to a $7,995 Monique Lhuillier sequined gown at the White House Historical Association dinner. That's nothing compared to the time she stepped out in a $52,000 Dolce & Gabbana jacket.

She's also donned more casual and affordable attire on several occasions, such as Converse, which retail for less than $50.

To complete her look, Melania has her own makeup artist, Nicole Bryl, who told US Weekly of Melania's plans to have a "glam room" in the White House. She also has a hairstylist who makes house calls and travels with her.

Melania is a full-time mom and likes to be hands-on, so she refuses to spend money on a nanny. She does indulge son Barron Trump in a lavish lifestyle, dressing him in suits and moisturizing him with her brand's Caviar Complex C6 moisturizer.

Melania is a full-time mom and likes to be hands-on, so she refuses to spend money on a nanny. She does indulge son Barron Trump in a lavish lifestyle, dressing him in suits and moisturizing him with her brand's Caviar Complex C6 moisturizer.

Source: Business Insider, Cheat Sheet

In New York, Barron was attending Columbia Grammar and Preparatory School, which cost $40,000 a year. Now, he attends St. Andrew's Episcopal School in Maryland, which also costs $40,000 a year.

Before Trump moved into the White House, he took up residence in the $100 million penthouse in Trump Tower in New York.

A real estate tycoon, Trump has more than one residence. The Trumps have often been spotted Mar-A-Lago, a 17-acre estate in Palm Beach, Florida, that Trump purchased for $10 million. It has 58 bedrooms, 33 bathrooms, 12 fireplaces, and 3 bomb shelters.

The Trumps can also visit their private resort, Le Chateau Des Palmiers, in St. Martin, or their mansion in Beverly Hills.

The Trumps also have a 39,000-square foot mansion in Bedford, New York, called Seven Springs, for which they reportedly paid $7.5 million and use as a family getaway.

But that's not the only estate under the Trump name — they also bought a 23,000 square-foot mansion in Charlottesville, Virginia, for $6.5 million. Trump purchased the vineyard and winery on the property for $6.2 million in a prior deal. He later sold the vineyard to his son, Eric Trump, and it's now known as Trump Vineyard Estates.

Eric and his wife Lara reportedly have two residences — a $2,036,500 apartment in Trump Parc East and a home in Westchester.

Like his brother, Donald Trump Jr. also has real estate in Manhattan. He bought two apartments at the Sovereign for $1.5 million and $1.125 million, reported Town & Country, which speculated that he combined them.

Both brothers are big game hunters, which can be very expensive. A 14-day white rhino hunt can cost $66,790.

Meanwhile, Ivanka Trump is busy building her own empire. Between January 1, 2016, and May 31, 2017, she earned at least $13.5 million in income, according to forms released by the White House. More than $5 million came from the Ivanka Trump Brand, more than $2.5 million from the Trump Organization, and nearly $800,000 for book and TV work.

Meanwhile, Ivanka Trump is busy building her own empire. Between January 1, 2016, and May 31, 2017, she earned at least $13.5 million in income, according to forms released by the White House. More than $5 million came from the Ivanka Trump Brand, more than $2.5 million from the Trump Organization, and nearly $800,000 for book and TV work.

Source: CNN

Ivanka Trump's and husband Jared Kushner's combined assets are worth at least $207 million, but could exceed $762 million, according to the documents.

That includes a $25 million art collection.

Some media reports speculated that their wedding at Trump National Golf Club cost them at least $1 million.

Once Trump took up residence in the White House, Ivanka and Jared moved to Washington DC, where they're reportedly renting a $5.5 million house. They also have a four-bedroom penthouse at Trump Park Avenue.

Like her stepmother, Ivanka also steps out in a mix of high-end and fast fashion, from a $6,280 Oscar de la Renta dress and coat to an $870 Roksanda dress and a $35 Victoria Beckham for Target dress.

Tiffany Trump's schooling was always paid for by Donald Trump, according to a source who talked to People. She attended the University of Pennsylvania for undergrad and currently attends Georgetown Law School, which costs upwards of $58,000.

When she's not in school, Tiffany spends money vacationing, from an Italian yacht trip and Budapest excursion to summers in Southampton and visits to The Bahamas.

She's been spotted wearing $725 Aquazarra shoes and has worn couture designer Daniel Basso, whose gowns can cost thousands of dollars, to formal events several times.

There's debate on the extent of Trump's philanthropic efforts, but in 2009, he and Melania donated $5,000 to $9,999 to the Police Athletic League of New York City. He also donated $1 million of his own money to Hurricane Harvey relief in 2017.

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