Everyone has an opinion, but Forbes has the answer: $7.3 billion, according to our most recent tally, updated in September. Trump added $3 billion over the last year, leveraging the presidency for profit. His cryptocurrency ventures, stalled out before the election, exploded after his victory, adding an estimated $2 billion to his fortune in 10 months. Another $500 million came in court, where Trump’s legal team succeeded in eliminating a half-billion judgement against him. His once-dormant licensing business surged by another $400 million, as foreign developers clamored to do business with an American president. With most of Trump’s second term remaining, expect billions more to head his way.
How Rich Is Donald Trump: $7.3 billion
FORBES ESTIMATE AS OF MARCH 2025
Trump’s Cryptocurrency and Liquid Assets: $2.4 billion
FORBES ESTIMATE AS OF SEPTEMBER 2025
Spencer Platt/Getty Images
Liquid assets
Net value: $1.1B
The president is flush with cash, having collected hundreds of millions from cryptocurrency sales. Those earnings added to a stockpile he had already been accumulating by selling his Washington, D.C. hotel and refinancing a San Francisco office complex.
Memecoin tokens
Net value: $709M
Trump launched a memecoin days before his second term began, capitalizing on the buzz surrounding his inauguration. A portion of his coins now unlock on a daily basis.
World Liberty Financial tokens
Net value: $338M
The Trump family’s primary crypto project, World Liberty Financial, got off to a rocky start. Things accelerated after Trump won the election. Buyers have now snapped up more than $1 billion of tokens. The Trump family kept a pile for themselves, which Forbes discounts while they remain locked up.
Stablecoin Business
Net value: $235M
World Liberty Financial also launched a stablecoin, USD1, which ties to the dollar and allows people to make crypto transactions with limited volatility. It’s not a new idea. “Everybody can mint a stablecoin,” says Matt Zhang, the founder of digital-asset firm Hivemind. “The difficult part is how you drive adoption.” A firm created by the president of the United Arab Emirates offered some help to Trump’s venture, agreeing to use USD1 to make a $2 billion investment in a major crypto exchange.
Alt5
Net value: $12M
A publicly traded firm named Alt5 purchased a bundle of World Liberty tokens in August 2025. The deal left the Trump family with a bunch of cash and World Liberty with a small stake in Alt5.
Truth Social’s Parent Company: $2 billion
FORBES ESTIMATE AS OF SEPTEMBER 1, 2025
Trump Media and Technology Group
Net Value: $2B
From a financial standpoint, Trump’s social-media venture is one of the most absurd businesses in America, generating sales of just $3.6 million in 2024 and recording a net loss of $401 million. Revenues dropped 12 percent in a year, even while Trump dominated most news cycles. Yet Trump-loving traders still bid up shares to head-scratching prices. Shares have lost more than half of their value, but that still leaves the president with a multibillion-dollar position.
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Trump’s Golf Clubs And Resorts: $1.3 billion
FORBES ESTIMATE AS OF SEPTEMBER 2025
U.S. golf clubs
Total value: $596M
Liabilities: Est. $89M
Net value: $507M
What Trump owns: 10 courses in 6 states
Trump’s golf game took off after he left the White House the first time. Estimated operating profits at his clubs jumped from $19 million in 2020 to $66 million in 2024.
Mar-a-Lago
Total value: $490M
Liabilities: Est. $32M
Net value: $458M
What Trump owns: Private club in Palm Beach, Fla.
The private club has benefited from politics more than any other property, something Trump foreshadowed in a 2016 deposition. “The manager told me recently, he said, ‘Boy, it is actually the best year we’ve ever had at Mar-a-Lago.’ And I was looking at the numbers. I said, ‘What do you attribute this to?’ He said, ‘The campaign.’” Since then, business has only gotten stronger.
Trump National Doral Miami
Total value: $390M
Liabilities: Est. $135M
Net value: $255M
What Trump owns: Resort
The indebted Florida golf resort lost much of its northeastern clientele after Trump got into politics, nearly putting it underwater. But plenty of new customers have in the aftermath of the Covid-19 pandemic, pushing estimated profits to $25 million, double their best year during Trump’s first term.
Three European golf properties
Total value: $118M
Debt: $0
Net value: $118M
What Trump owns: Two golf resorts in Scotland, one in Ireland
The Trump Organization declared losses of more than $100 million at its European golf resorts, according to an analysis of records from Ireland and the United Kingdom. Business has picked up recently.
Trump’s Real Estate Investments: $1.2 billion
FORBES ESTIMATE AS OF SEPTEMBER 2025
6 East 57th Street
Total value: $148M
Debt: $0
Net value: $148M
What Trump owns: Two leaseholds on retail lasting until 2079 and 2094
Online shopping wounded buildings like this, a glitzy, 65,000-square-foot space just off Fifth Avenue, in the middle of what was once one of the world’s busiest retail locations. High-priced sales coming out of the pandemic injected a dose of optimism, however.
1290 Avenue of the Americas
Total Value: $1.4B
Debt: $950M
Net value: $137M
What Trump owns: 30% stake in office and retail
The former president has a stake in the Manhattan skyscraper that is five blocks south and one block west of Trump Tower, but he has no control over the building. It is overseen by Steven Roth, CEO of Vornado Realty Trust, who served on the economic advisory council of Trump’s 2016 campaign.
555 California Street
Total value: $1.6B
Debt: $1.2B
Net value: $120M
What Trump owns: 30% of three-building complex
Trump and his partner, Vornado Realty Trust, refinanced their San Francisco tower shortly after his first term, more than doubling their debt load. Vornado hedged the variable interest rate on the new loan, while Trump initially let his portion float, costing him millions of dollars.
Trump Tower
Total value: $215M
Debt: $100M
Net value: $115M
What Trump owns: Office and retail
A Forbes analysis of records suggests that Trump lied about the size of Trump Tower, claiming it included 246,000 square feet of retail and office space. Property records list 235,000 square feet, 53,000 of which cover less-valuable common elements like elevators, public restrooms and mechanical spaces.
Trump Park Avenue
Total value: $94M
Debt: $0
Net value: $94M
What Trump owns: 17 condos, portion of retail
One month after the start of his first term as president, Trump sold a penthouse apartment in Trump Park Avenue for $15.9 million. The buyer: Angela Chen, who apparently helmed a business called Global Alliance Associates, which boasted on its website that it could leverage its network with “the highest levels of government officials.”
Four Florida homes
Total value: $92M
Debt: $0
Net value: $92M
Location: Palm Beach and West Palm Beach, Fla.
Trump is only known to have bought one piece of real estate during his first term—a mansion across the street from Mar-a-Lago, which his sister sold to him for about $19 million in 2018. That seemed like plenty of money at the time, but today it looks like a bargain.
40 Wall Street
Total value: $83M
Debt: $0
Net value: $83M
What Trump owns: Leasehold through 2059
Trump paid off an estimated $114 million of debt against his tower in Lower Manhattan in 2025, unburdening a property that had been underwater.
Trump International Hotel Las Vegas
Total value: $146M
Debt: $0
Net value: $73M
What Trump owns: 50% of hotel and condos
Along with his billionaire partner Phil Ruffin, Trump sold dozens of units inside the golden tower from 2017 to 2020.
Trump Tower penthouse
Total value: $50M
Debt: $0
Net value: $50M
What Trump owns: 11,000-square-foot residence in New York City
The former president lied about the size of his home atop Trump Tower for years, claiming it was 33,000 square feet. City records indicate it’s really 10,996 square feet.
Residential lots
Total value: $45M
Debt: $0
Net value: $45M
Location: Rancho Palos Verdes, Calif.
Trump Winery
Total value: $44M
Debt: $0
Net value: $44M
Location: Charlottesville, Va.
Trump International Hotel & Tower Chicago
Total value: $77M
Debt: $0
Net value: $38M
What Trump owns: Est. 50% of retail, portion of residential and parking
The former president paid off $45 million of Deutsche Bank debt in October 2023, then terminated a mysterious second loan two months later, unburdening a property that had struggled with debt issues since its construction.
Trump Parc / Trump Parc East
Total value: $27M
Debt: $0
Net value: $27M
What Trump owns: Residential condos, garage, portion of retail
The president offloaded three condos in Trump Parc East for a total of $7.5 million during his first term. In all three cases, the buyers were anonymous shell companies.
Seven Springs
Total value: $30M
Debt: $0
Net value: $30M
Location: Bedford, N.Y.
Trump World Tower
Total value: $20M
Debt: $0
Net value: $20M
What Trump owns: Commercial, garage, portion of residential
Trump Plaza
Total value: $18M
Debt: $0
Net value: $18M
What Trump owns: Two co-op units and a leasehold on retail, garage and portion of residential
Home in St. Martin
Total value: $12M
Debt: $0
Net value: $12M
Trump purchased the property in 2013 from an Indiana businessman with whom he was friends. The price was never disclosed. He listed it for sale in May 2017 for $28 million, only to slash the price a few months later. It still has not sold.
Trump International Hotel & Tower (New York)
Total value: $13M
Debt: $6M
Net value: $8M
What Trump owns: Retail, garage, portion of residential
Briarcliff, New York land
Total value: $5M
Debt: $0
Net value: $5M
What Trump owns: Vacant land
Two Virginia homes
Total value: $2M
Debt: $0
Net value: $2M
What Trump owns: Two homes next to one of his golf clubs
Trump Palace
Total value: $500K
Debt: $0
Net value: $500K
What Trump owns: Storage units
Trump’s Other Assets: $120 million
FORBES ESTIMATE AS OF SEPTEMBER 2025
Trump’s licensing and management business
Total value: $501M
Debt: $0
Net value: $501M
Trump’s branding business looked like it was in trouble after the Jan. 6 Capitol riot. “He has done permanent damage to the Trump name and image,” said real estate analyst Kevin Brown. Times have changed. Trump’s licensing business exploded in 2024, when he reclaimed the White House, proving that his brand remains strong.
Trump’s Aircraft
Total value: $11M
Debt: $0
Net value: $11M
What Trump owns: One helicopter, one airplane
Trump’s loans to children
Total value: $5M
Trump’s tax returns revealed sweetheart loans for his three eldest children, Don Jr., Ivanka and Eric. Altogether, the younger Trumps paid their father about $50,000 a year in annual interest in connection with the agreements from 2015 to 2020.
Trump’s Pensions
Net value: $2M
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Trump’s Legal Liabilities: –$95 million
FORBES ESTIMATE AS OF SEPTEMBER 2025
Legal liabilities
Net value: -$95M
An appellate court in New York threw out a roughly $500 million judgement stemming from Trump’s civil fraud case. He remains on the hook for payments to E. Jean Carroll, a writer who accused Trump of raping her in a department store. Trump, who denies the accusation, is appealing while interest accrues.
“Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.”
With additional reporting by Zach Everson and Thomas Gallagher.
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