DONALD TRUMP • Net Worth $7 billion • Owner of the Yacht Trump Princess

Jim Moran

Name:Donald Trump
Born:June 14, 1946
Net Worth:$7 billion
Source of Wealth:Trump Organization
Country:USA
Wife:Melania Trump
Children:Ivanka Trump, Donald Trump Jr., Tiffany Trump, Barron Trump, Eric Trump
Residence:Trump Tower, NY, USA
Private Jet:Boeing 757 (N757AF), Cessna Citation (N725DT), Air Force One
Yacht:Trump Princiess, now named Kingdom 5 KR

Who is Donald Trump?

Donald Trump, born on June 14, 1946, served as the 45th President of the United States from 2017 to 2021 and will become the 47th President on January 20, 2025. Known for his polarizing leadership and vast business empire, he has presided over one of the most lucrative post-presidencies in American history, leveraging his brand to expand his wealth and influence.

Early Life and Education

Trump was born in Queens, New York City, to real estate developer Fred Trump and Mary Anne MacLeod. He graduated from the Wharton School of the University of Pennsylvania with a bachelor’s degree in economics.

The Trump Organization

Donald Trump joined his father’s company, Elizabeth Trump & Son Co., in 1968 and took control in 1971, renaming it The Trump Organization. He expanded its operations into Manhattan, developing iconic properties like Trump Tower, Trump Plaza, and Trump International Hotel and Tower. Despite recent challenges in the real estate market, much of Trump’s fortune remains tied to his property holdings.

Golf Courses and Other Ventures

Trump owns several high-profile golf courses, including Trump National Doral in Miami and Trump International Golf Links in Scotland. His business ventures extend into industries such as hospitality, television, and licensing. He also capitalized on his post-presidency by selling NFTs, publishing coffee-table books, and marketing shares in a social media venture.

Trump’s Yacht and Private Jets

In 1988, Trump purchased the yacht Nabila, renaming it Trump Princess, before selling it to Prince Waleed bin Talal al Saud. He currently owns a 1991 Boeing 757, nicknamed Trump Force One, as well as a Cessna Citation with registration N725DT.

Presidency and Return to Politics

Trump announced his candidacy for the 2016 presidential election in 2015, defeating Hillary Clinton to become the 45th President. During his tenure, he pursued controversial policies and maintained a populist appeal. After leaving office in 2021, Trump remained a dominant figure in American politics, leading to his successful campaign for the 2024 presidency.

Donald Trump’s Net Worth

As of 2024, Donald Trump’s net worth has risen to approximately $7 billion, driven by ventures tied to his brand and his ability to monetize his post-presidency. His wealth includes real estate assets, golf courses, a winery, and his private aircraft. However, many of his properties have faced challenges due to higher interest rates, the rise of online shopping, and changes in office work patterns.

Legacy

Donald Trump’s impact as a businessman and politician continues to shape American and global discourse. From luxury real estate to the presidency, and now to his unprecedented return to the White House, his career remains one of the most controversial and closely followed in modern history.

Donald Trump owns several houses and private residences. While he spent significant time in the Oval Office as the 45th President of the United States, he also enjoys luxurious living in his various homes.

Trump Tower Penthouse

Trump’s primary residence is a three-story penthouse atop his Trump Tower at 725 Fifth Avenue in New York City. The penthouse’s value is estimated at US$ 100 million.

Seven Springs Mansion

In Bedford, New York, Trump owns a sprawling mansion called Seven Springs. This 60-room estate features three swimming pools and a bowling alley, serving as a private retreat for the Trump family.

Kluge Estate in Virginia

Trump also owns the former Kluge Estate in Charlottesville, Virginia. This property includes a vineyard and was once owned by John Kluge, who was once the richest person in America.

Mar-a-Lago: Trump’s Palm Beach Mansion

Trump’s Palm Beach mansion, named Mar-a-Lago, was built for Marjorie Merriweather Post in 1924. The estate is valued at an estimated USD 250 million. Trump has transformed the residence into a hotel.

Potential Gift to Putin: A US$ 50 Million Penthouse

In 2018, it was reported that Trump considered gifting a US$ 50 million penthouse to Russian President Vladimir Putin. However, it is unclear whether this transaction ever took place.

Donald Trump is known for his opulent lifestyle, and his private jets are no exception. Here’s a closer look at his impressive fleet of aircraft.

Boeing 757-200: Trump’s Largest Private Jet

Trump’s largest private jet is a Boeing 757-200 with registration number N757AF. The plane was built in 1991 and purchased by Trump in 2010 from its previous owner, Microsoft co-founder Paul Allen.
While the jet can accommodate 228 passengers in a commercial configuration, Trump’s version is designed for luxury, carrying only 43 passengers and featuring a dining room and two bedrooms.

Gold-Plated Interior

The interior of Trump’s Boeing 757-200 is adorned with gold-plated fixtures, including seat belts, taps, and sinks. The plane can reach a top speed of 609 miles per hour and has a range of up to 4,400 miles without stopping.
In October 2018, the jet experienced a minor accident when a business jet maneuvering into a parking spot struck its wing.

Second Jet: Cessna Citation

Trump also owns a Cessna Citation with registration number N725DT. The “725” refers to the address of his Trump Tower, and “DT” represents his initials.
Trump previously owned a 1968 Boeing 727 with registration VP-BDJ, which he sold in 2010.

Air Force One: Presidential Privilege

As the 45th President of the United States, Trump had access to Air Force One – the official air traffic control call sign for a United States Air Force aircraft carrying the President. The current version of Air Force One (a Boeing 747 VC25A) is planned to be replaced by a Boeing 747-8.

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