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How do US President Donald Trump and his family spend their billions?

STORYBusiness Insider
US President Donald Trump (fourth from left) and his extended family, who together could be worth more than US$4 billion. Photo: Reuters
US President Donald Trump (fourth from left) and his extended family, who together could be worth more than US$4 billion. Photo: Reuters
Fame and celebrity

Trump family’s fortune – estimated to exceed US$4 billion – has seen them buy aircraft worth US$32 million, plus property and lots of designer clothes

US President Donald Trump’s net worth is currently estimated to be US$3.1 billion – down by an estimated US$400 million since he took office in January 2017, according to a Forbes magazine report in March 2018.

Donald Trump is worth an estimated US$3.1 billion, while his daughter, Ivanka, and her husband, Jared Kushner, are estimated to be worth up to US$762 million

That does not include the individual net worth of each of his adult children: a reported US$150 million to US$300 million for Eric Trump; a reported US$200 million for Donald Trump Jnr; and a reported US$600,000 for Tiffany Trump, according to Cheat Sheet, the entertainment and news website.

Ivanka Trump, who runs her own business, has the largest net worth of all the children. She and her husband, Jared Kushner, are estimated to be worth up to US$762 million, CNN reported in July 2017, citing financial documents released by the White House.

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Together, that means the entire Trump family’s fortune could exceed an estimated US$4 billion.

Jonathan Ernst/Reuters
Jonathan Ernst/Reuters

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

Where Donald Trump’s money comes from

US president Donald Trump, who took office in January 2017, spent US$66 million of his own money to fund his presidential campaign. Photo: AP
US president Donald Trump, who took office in January 2017, spent US$66 million of his own money to fund his presidential campaign. Photo: AP

According to Trump’s executive branch personnel public financial disclosure report, he earned anywhere from US$597,396,914 to US$667,811,903 between January 2016 and spring 2017.

About US$170 million of his wealth comes from his brand businesses – Trump Hotel Management & Licensing Business and Trump Product Licensing.

Donald Trump spent US$66 million of his own money on his successful US presidential campaign, according to his campaign finance disclosures
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