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

  • 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.​

How the Trump family spends their billions
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How the Trump family spends their 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.

Source: Forbes

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.

His wealth comes from multiple sources, from golf-related and hotel-related revenue (nearly $340,000,000 combined) to Central Park Carousel admissions and ice skating rink revenue (more than $13,000,000 combined).

Source: Business Insider, Center for Responsible Politics

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

Source: Fortune

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.

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

Source: The New York Times

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.

Source: The New York Times

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.

Source: The New York Times CNBC

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.

Source: The Washington Post

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.

Source: Cheat Sheet, Cheat Sheet

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

Source: Business Insider

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.

Source: Cheat Sheet

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.

Source: Cheat Sheet

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

Source: The Daily Mail

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.

Source: Business Insider

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

Source: The Washington Post

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.

Source: Business Insider

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.

Source: Business Insider

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

Source: Town & Country

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.

Source: Town & Country

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

Source: Cheat Sheet USA Today

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.

Source: CNN

That includes a $25 million art collection.

Source: CNN

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

Source: Cheat Sheet

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.

Source: Cheat Sheet, Town & Country

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.

Source: Cheat Sheet

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.

Source: People Cheat Sheet

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.

Source: Cheat Sheet

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.

Source: Teen Vogue Cheat Sheet

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.

Source: The New Yorker GOBanking Rates The Washington Post


​​​​​​See Also:

SEE ALSO: Trump says tax reform will hurt him — here's how much money he makes and where it comes from

DON'T MISS: A look at the life and fortune of John McCain, who has a sprawling real estate portfolio and donated $1.7 million in book sales to charity

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