DONALD TRUMP – Net Worth $ 2.5 billion – (Former) Owner of the Yacht Trump Princess

Donald Trump

Jim Moran

Name:Donald Trump
Born:June 14, 1946
Net Worth:$ 2.5 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?

He is the President of the US and is the owner of the Trump Organization. The Trump Organization was founded by Donald’s father Fred Trump. Who named the company Elizabeth Trump & Son Co.

Fred Trump

His father Fred Trump was a real estate developer. He was building affordable rental housing complexes in New York City. The net worth of Fred Trump was estimated at USD 300 million.

Which Amount Did he Start with?

When Trump graduated from college, he was worth about US$200,000. Which is similar to US$1.4 million in current value.

He started working in his father’s company and was given control in 1971.

Trump was very successful in building large New York and New Jersey real estate projects, using attractive architectural design to win public recognition.

He also owns several Trump-branded golf courses. His branded golf properties include the Trump Natural Doral in Miami, the Trump National Golf Club in Los Angeles. He also owns the TRUMP ABERDEEN golf course in Scotland.

Trump Tower

He put his name on all his investments, The Trump Tower, Trump Parc, Trump Plaza, and Trump Castle. He started Trump Television City and acquired an airline with 17 jets named Trump Airlines.

In 1988 he acquired the yacht Nabila. Which he named Trump Princess. After he bought the Trump Taj Mahal in 1990, he ran into financial problems and had to sell his yacht.

It is believed that he received US$ 20 Million from Prince Waleed bin Talal al Saud for the yacht.

President Donald Trump Net Worth

Nowadays Forbes estimates the net worth of Trump at US$ 2.5 billion. Although the Trump Organization released a figure of around US$ 8 billion. But the organization is unwilling to release financial disclosures.

Private Jet

He owns a Boeing 757 private jet with registration N757AF. And a Cessna Citation with registration N725DT. His Boeing was originally ordered by Paul Allen. The AF refers to Allen Flight. The jet is referred to as Trump Force One.

Trump was also a passenger on board Jeffrey Epstein’s private jet.

President of the USA

In 2015 Trump announced that he would run as a candidate for the 2016 USA Presidential elections. And on November 8th he defeated Hillary Clinton in the general election.

On January 20th, 2017 he was inaugurated as the 45th President of the USA. He resided in the White House until January 20, 2021. 

Trump owns several houses and private residences. He spends a lot of time in the Oval Office.

Trump Tower Penthouse

He normally resides at his three-story penthouse on top of his Trump Tower at 725 Fifth Avenue in New York. The value of the penthouse is estimated at US$ 100 million.

Seven Springs

Trump also owns a mansion named Seven Springs in Bedford New York. The mansion has 60 rooms, three swimming pools, and a bowling alley. It is used as a private retreat for the Trump family.

Kluge Estate in Virginia

Further Trump owns the former Kluge Estate in Charlottesville, Virginia. The estate includes a wine yard. It was previously owned by John Kluge once America’s richest person.  

Palm Beach Mar-a-Lago Mansion

Trump also owns a Palm Beach mansion named Mar-A-Lago. Which was built for Marjorie Merriweather Post in 1924. The value is estimated at USD 250 million. Trump turned the residence into a hotel.

In 2018 Trump reportedly considered giving Putin a US$ 50 million penthouse.

His largest private jet is a Boeing 757200 with registration number N757AF. The plane was built in 1991 and was bought by Trump in 2010. The previous owner was Paul Allen.

In a commercial configuration, the jet can accommodate 228 passengers. But Trump’s jet is designed to carry 43. Featuring a dining room and two bedrooms.

Gold Plated Interior

Almost all metal objects on board are gold plated. Including the seat belts and taps and sinks. The plane has a top speed of 609 miles an hour can fly up to 4,400 miles without stopping.

In October 2018 his jet was involved in a fender bender. When a business jet maneuvering into a parking spot struck the wing of the parked Boeing 757.

The Port Authority of New York and New Jersey said the incident happened as ground workers were guiding a Bombardier corporate jet.

Second Jet

Trump also owns a Cessna Citation with registration number N725DT.  The 725 refers to the address of his Trump Tower and the DT is obvious.

Trump previously owned a 1968 Boeing 727 with registration VP-BDJ. The jet was sold in 2010.

Air Force One

As President of the United States, he has access to Air Force One. Air Force One is the official air traffic control call sign for a United States Air Force aircraft carrying the President of the United States.

The current version of Air Force One (a Boeing 747 VC25A) will be replaced by a Boeing 747-8.

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