Washington: Donald Trump will take the oath as the 47th US President today. This will marking his return to the White House for a second term. A prominent businessman as well as a politician, Trump ranks among the wealthiest leaders in USA. His fortune is spread across various countries, including India, and his net worth is estimated at USD 7 billion, despite a major decline during his first term.
Trump’s net worth took a major hit during his first term in office. In 2016, when he first announced his presidential candidacy, his net worth was reported at USD 4.5 billion, with Trump claiming it to be over USD 8 billion. However, by 2020, during his presidency, his wealth plummeted to USD 2.1 billion, before recovering to around USD 7 billion by 2022.
Trump’s business empire
The majority of Trump’s wealth stems from his business ventures, especially the Trump Media and Technology Group, valued at USD 5.6 billion by Forbes. In 2024, Trump held 114.75 million shares of the company, along with additional earned shares valued at USD 1.2 billion. His golf courses, resorts, and real estate holdings also significantly contribute to his net worth.
Trump’s real estate empire is vast, a business inherited from his father, Fred Trump, who founded a successful real estate company in 1927. Taking over the business in 1971, Donald Trump expanded it rapidly, with iconic properties like Trump Tower, Trump World Tower, and Trump International Hotel and Resort. In addition to these, Trump Tower also stands in cities such as Mumbai, Pune, and Gurugram in India.
Luxury properties
His luxury properties include a mansion in Palm Beach, Florida, valued at USD 10 million, and an estate in St. Martin. Mar-a-Lago, Trump’s private estate in Florida, has been his primary residence since leaving the White House. In total, Trump owns several lavish homes in New York, Manhattan, Virginia, and beyond, as well as 19 golf courses worldwide. In a departure from tradition, Trump’s second swearing-in ceremony will take place inside the Capitol Rotunda Hall due to severe cold, unlike the open-air ceremony of his first term.
