Authors:Dan Alexander , Kyle Khan-Mullins, Forbes
Translation by: Lemin

Additional reports: Zach Everson, Thomas Gallagher
What is Trump's true net worth? Opinions vary on this question, but Forbes has provided an answer: according to our latest statistics in March, his net worth is $6.5 billion.
Over the past year, Trump has profited immensely from his presidency, increasing his net worth by $1.4 billion. His cryptocurrency business, which had stalled before the election, has exploded since his victory, contributing approximately $1.8 billion to his wealth.
Further developments in the judicial arena added to his list: his legal team successfully persuaded the court to overturn a $500 million fine.
With overseas developers vying to partner with the US president, the once-dormant licensing business surged by $400 million. But why didn't the increase grow even further? The reason is the continued losses of Trump Media and Technology Group, the parent company of Truth Social, causing the value of Trump's shares to shrink by $1.3 billion compared to last year. However, with his second term not yet halfway through, it wouldn't be surprising if his net worth increases by billions more in the future.
Net worth: US$1.3 billion
Image source: SPENCER PLATT/GETTY IMAGES
Trump has ample cash reserves, having raked in hundreds of millions of dollars through cryptocurrency sales and another $200 million after taxes from the sale of a stake in a project (reportedly to a member of the UAE royal family). Combined with funds accumulated from the sale of a Washington, D.C. hotel and the refinancing of his San Francisco office building, his cash reserves are increasingly substantial.
Net worth: $393 million
Trump launched a meme coin a few days before beginning his second term, leveraging the buzz surrounding his inauguration. While some of his tokens are currently unlocked daily, their value has plummeted by nearly 70% compared to a year ago.
Net worth: US$175 million
World Liberty Financial (WLFI), the core crypto project of the Trump family, had a rough start, but its business soared after Trump's election victory. In January of this year, reports surfaced that Sheikh Tahnoon bin Zayed Al Nahyan, a member of the UAE royal family, acquired nearly half of the company's shares, giving the project another boost. Currently, the platform's total token sales have exceeded $1 billion. The Trump family retains a portion of the tokens, which are still locked up; Forbes estimated the value of these assets at a discount.
Net worth: $242 million
WLFI also launched the stablecoin USD1, pegged to the US dollar, to help users reduce volatility risk in crypto trading. This isn't a new idea; Matt Zhang, founder of digital asset company Hivemind, bluntly stated, "Anyone can issue a stablecoin; the difficulty lies in how to promote it." A company affiliated with the UAE president stepped in to help, agreeing to invest $2 billion in a major crypto exchange using USD1.
Net worth: $400,000
In August 2025, a publicly traded company called Alt5 acquired a batch of WLFI tokens, through which the Trump family obtained a large amount of cash. WLFI, in turn, holds a small stake in Alt5.
Net worth: $1.2 billion
Image source: SCOTT OLSON/GETTY IMAGES
From a financial perspective, Trump's social media company is arguably one of the most absurd businesses in the United States: its 2025 sales are projected at a mere $3.7 million, with a net loss of $712 million. The company is desperately searching for a viable business model: last May it transformed into a Bitcoin treasury, in December it announced a merger with a fusion energy company, and this February it announced a possible spin-off of Truth Social. Despite the support of Trump's backers, the company's stock price remains inexplicably high, although it has plummeted by over 80% since its IPO, dragging down the value of Trump's stake.
Total value: US$638 million
Liabilities: Approximately US$89 million
Net worth: $549 million
Asset type: 10 stadiums located in 6 states
After Trump's first term ended, his golf business experienced a boom, with operating profit increasing from $19 million in 2020 to $66 million in 2024.
Total value: US$564 million
Liabilities: Approximately US$32 million
Net worth: $564 million
Type of assets held: Palm Beach Private Club, Florida
Image source: JOE RAEDLE/GETTY IMAGES
This private club has benefited from politics far more than any of Trump's other assets, as foreshadowed in one of his 2016 testimonies: "The manager recently told me, 'My God, this is the best year Mar-a-Lago has ever had.' I looked at the numbers and asked him, 'What do you think is the reason?' He said, 'It's because of the campaign.'" Since then, the estate's business has flourished.
Total value: $390 million
Liabilities: Approximately US$135 million
Net worth: $255 million
Type of assets held: Resorts
Image source: JOE RAEDLE/GETTY IMAGES
Early in Trump's presidency, the heavily indebted Florida golf resort lost a significant number of customers from the Northeast and was on the verge of insolvency. However, after the COVID-19 pandemic, with a surge of new customers, annual profits climbed to $25 million, double the best performance of his first term.
Total value: US$116 million
Liabilities: 0
Net worth: US$116 million
Types of assets held: Two resorts in Scotland and one resort in Ireland
Image source: DAVID CANNON/GETTY IMAGES
An analysis of records related to Ireland and the UK shows that The Trump Organization has reported accumulated losses of over $100 million for its European golf resorts, although business has recently shown signs of recovery.
Total value: US$109 million
Liabilities: 0
Net worth: US$109 million
Types of assets held: Two retail leases (expiring in 2079 and 2094 respectively).
Online shopping has impacted high-end retail properties, and this 65,000-square-foot luxury building has not been spared. This retail space is located next to Fifth Avenue, in the heart of what was once one of the world's busiest retail districts. However, the post-pandemic recovery in high-end retail has injected some optimism into the market.
Total value: US$1.4 billion
Liabilities: $950 million
Net worth: US$142 million
Type of assets held: 30% equity stake in office and retail space.
Located five blocks south and one block west of Trump Tower, this Manhattan skyscraper is owned by Trump but not managed. It is operated by Steven Roth, CEO of Vornado Realty Trust. Roth served on Trump's council of economic advisors during his 2016 campaign.
Total value: $1.7 billion
Liabilities: $1.2 billion
Net worth: US$141 million
Type of assets held: 30% equity interest in a three-building complex.
Shortly after his first term ended, Trump and his partner Vornado Realty Trust refinanced the San Francisco building, doubling the debt. Vornado hedged the floating interest rate on the new loan, but Trump initially opted to let the interest rate on his portion of the loan float with the market, resulting in millions of dollars in additional expenses.
Total value: US$196 million
Liabilities: $100 million
Net worth: $96 million
Types of assets held: Office and retail space
Image source: ERIK MCGREGOR/LIGHTROCKET/GETTY IMAGES
Forbes' analysis of relevant records revealed that Trump had previously misrepresented the size of Trump Tower, claiming it contained 246,000 square feet of retail and office space. Property records show the actual figure should be 235,000 square feet, of which 53,000 square feet were lower-value common areas such as elevators, public restrooms, and equipment rooms.
Total value: US$88 million
Liabilities: 0
Net worth: $88 million
Types of assets held: 17 apartments and partial equity in retail space.
One month into Trump's first term, a penthouse on Trump Park Avenue sold for $15.9 million. The buyer, Angela Chen, owns Global Alliance Associates, a company whose website claims to offer access to a network of connections with "the highest-ranking government officials."
Total value: US$102 million
Liabilities: 0
Net worth: US$102 million
Location: Palm Beach and West Palm Beach, Florida
It is understood that Trump purchased only one property during his first term—a mansion across the street from Mar-a-Lago from his sister in 2018 for $19 million. While the deal seemed expensive at the time, it is now considered a bargain. Private equity billionaire Robert Smith rented the property while under federal investigation for alleged tax evasion.
Total value: US$104 million
Liabilities: 0
Net worth: US$104 million
Type of assets held: Leases until 2059
In 2025, Trump paid off approximately $114 million in loans for the Lower Manhattan building, completely relieving the previously insolvent property of its debt burden.
Total value: US$146 million
Liabilities: 0
Net worth: $73 million
Type of assets held: 50% equity stake in hotels and apartments.
Image source: RAYMOND BOYD/GETTY IMAGES
Between 2017 and 2020, Trump and his billionaire partner Phil Ruffin sold dozens of units in the golden building.
Total value: US$45 million
Liabilities: 0
Net worth: $45 million
Type of asset held: 11,000 sq ft residential property in New York City
Image source: NURPHOTO/GETTY IMAGES
For years, Trump has been exaggerating the size of the penthouse in Trump Tower, claiming it to be 33,000 square feet. New York City registration records show that its actual size is 10,996 square feet.
Total value: US$45 million
Liabilities: 0
Net worth: $45 million
Location: Rancho Palos Verdes, California
Image source: BAUER-GRIFFIN/GC IMAGES/GETTY IMAGES
Total value: US$44 million
Liabilities: 0
Net worth: $44 million
Location: Charlottesville, Virginia
Image source: DYLAN RIVES/STRINGER/GETTY IMAGES
Total value: US$77 million
Liabilities: 0
Net worth: $38 million
Types of assets held: Approximately 50% equity interest in retail spaces, and partial equity interest in residential and parking facilities.
In October 2023, Trump paid off a $45 million loan from Deutsche Bank and two months later terminated another loan with unclear details, freeing the property from debt since its construction.
Total value: US$31 million
Liabilities: 0
Net worth: $31 million
Types of assets held: Residential apartments, garages, and partial equity interests in retail spaces.
During his first term, Trump sold three apartments in Trump Park East for a total of $7.5 million. All three transactions were completed by anonymous shell companies.
Total value: US$30 million
Liabilities: 0
Net worth: $30 million
Location: Bedford, New York
Image source: THE WASHINGTON POST/GETTY IMAGES
Total value: US$22 million
Liabilities: 0
Net worth: $22 million
Types of assets held: Equity interests in commercial spaces, parking garages, and residential spaces.
Image source: JEFFREY GREENBERG/UNIVERSAL IMAGES GROUP/GETTY IMAGES
Total value: US$17 million
Liabilities: 0
Net worth: $17 million
Types of assets held: two cooperative apartments, retail space and garage leases, and partial equity interest in residential space.
Total value: US$12 million
Liabilities: 0
Net worth: $12 million
Image source: JEAN-MARC LECERF/GAMMA-RAPHO/GETTY IMAGES
In 2013, Trump purchased the property from a businessman friend in Indiana; the purchase price has never been disclosed. In May 2017, he listed the property for sale at $28 million, but significantly reduced the price several months later, and it remains unsold.
Total value: US$15 million
Liabilities: $6 million
Net worth: $9 million
Types of assets held: Equity interests in retail spaces, parking garages, and residential spaces.
Image source: ERIC MCGREGOR/GETTY IMAGES
Total value: $5 million
Liabilities: 0
Net worth: $5 million
Type of assets held: vacant land
Image source: BOBBY BANK/WIREIMAGE/GETTY IMAGES
Total value: US$2 million
Liabilities: 0
Net worth: $2 million
Type of assets held: Two residences adjacent to a golf club owned by Trump.
Image source: JAMIE STOKER/WWD/PENSKE MEDIA/GETTY IMAGES
Total value: $500,000
Liabilities: 0
Net worth: $500,000
Asset type: Storage units
Total value: US$533 million
Liabilities: 0
Net worth: $533 million
Image source: JULIE THURSTON PHOTOGRAPHY/GETTY IMAGES
Following the Capitol Hill riots on January 6, 2021, Trump's licensing business appeared to be in jeopardy. Real estate analyst Kevin Brown asserted, "He caused permanent damage to the Trump brand and image." However, after Trump regained the presidency in 2024, his licensing business experienced explosive growth. Since his inauguration, the business has continued to thrive, with new agreements being signed from Bucharest, Romania, to the Maldives.
Total value: US$11 million
Liabilities: 0
Net worth: $11 million
Assets held: one helicopter and one fixed-wing aircraft
Total value: $5 million
Image source: JENNIFER S. ALTMAN/WASHINGTON POST/GETTY IMAGES
Trump's tax returns show that he provided preferential loans to his eldest son, Donald Jr., his daughter, Ivanka, and his second son, Eric. From 2015 to 2020, the three children paid their father a total of approximately $50,000 in interest annually.
Net worth: $2 million
Image source: LARRY DOWNING/GETTY IMAGES
Net worth: -$97 million
Image source: SENG KUI LIM/500PX/GETTY IMAGES
A New York appeals court overturned a roughly $500 million ruling in Trump's civil fraud case. However, he still needs to pay damages to author E. Jean Carroll, who alleges Trump raped her years ago at a department store. Trump denies the allegations and has appealed, with interest accruing in the meantime.
Image source: JOE RAEDLE/GETTY IMAGES

