Trump has always claimed billionaire status, yet determining the actual figure behind that claim remains difficult. This challenge comes from the way his family-run business operates privately, limiting the amount of financial data available to the public.
According to fresh reports, his net worth has witnessed a considerable upward movement at the beginning of his second term, which can be tied to his deepening involvement in cryptocurrency.
Some reports even place it above $10 billion. That said, most of this wealth doesn’t come in liquid form. It would only be accessible if he converts his holdings and business stakes into cash, according to a report by The New York Times.
His assets span several real estate properties, but coming up with a concrete value isn’t straightforward. Many of these properties are co-owned with relatives and business allies, which blurs the lines when trying to isolate his stake.
Some of his money matters, especially those tied to cryptocurrencies and stock portfolios, are traceable to public records. As president, he’s required to file a yearly financial disclosure form, and this has given a window into some corners of his financial dealings.
That same document also shows what he owes, including recent financial penalties from lawsuits. Trying to determine his full net worth is complicated by the mix of public records and harder-to-verify assets.
Donald Trump: Stocks, Cash, and Bond Investments
At the very least, Trump holds $2.2 billion across stocks, cash, and various bonds. His social media platform Truth Social, run by Trump Media & Technology Group, is now considered his second-highest-value asset after his crypto holdings. Based on market pricing, his 115 million shares in the company are worth close to $2 billion.
This figure is only theoretical, though, since he hasn’t sold those shares. The share price has dropped considerably since he resumed office. At one point, the total value of those shares hovered around $6 billion.
He also maintains a sizeable investment portfolio, which he listed at no less than $236 million in his 2024 disclosure. It’s difficult to get a precise reading on its true value because the filings only provide broad estimates.
One of the entries showed he had put over $50 million into a money-market fund, but there was no ceiling listed, so calculating his exact holdings is impossible. The New York Times reviewed his last financial statement to figure out how he spread his investments across bonds, cash, and stocks.
Looking at minimum reported values, roughly 60 per cent went into bonds, nearly 30 per cent into cash or equivalents, while less than 10 per cent went into stocks.
Within his bond holdings, about 80 per cent were municipal bonds. This combination of stocks, bonds, and cash brought in at least $13 million through dividends and interest over the last year.
Donald Trump’s Digital Currency Portfolio: Estimated $7.1 Billion
Trump only recently became involved in cryptocurrencies, but he has already built up an extensive presence in the space. According to reports, his crypto investments now span several parts of the industry.
One major asset under his belt is a digital token called “$TRUMP”, which he introduced shortly before taking office in January. This memecoin, connected to internet trends, appears to make up a large portion of his crypto fortune. The lion’s share of $TRUMP coins are still held by Trump and his inner circle.
Based on the July 1 market price of $8.67, these holdings were valued at about $6.9 billion. However, these funds aren’t readily spendable, since restrictions apply to trading the coins. If too many are sold at once, the price would likely fall. Also, who exactly owns how much between him and his partners hasn’t been clearly revealed.
Each time this memecoin is traded, Trump receives a cut in the form of transaction fees. According to crypto data company Chainalysis, these fees have already brought in no less than $320 million, shared between Trump’s family and his business partners.
Another crypto success comes from World Liberty Financial, which Trump co-founded during the previous election season. The company made major gains by selling its digital tokens, WLFI.
Once the company passed $30 million in revenue, and after costs were deducted, 75 per cent of what was left went to a Trump family enterprise. By March, World Liberty had sold $550 million worth of tokens, followed by sales worth $25 million and $100 million. Going by this model, the Trump family probably pocketed over $300 million, though the exact amount won’t be known until his next financial filing.
At present, Trump still holds over 15 billion WLFI tokens, but these aren’t up for trade yet. Their only use so far is to vote on internal company decisions, making it difficult to put a cash value on them.
Crypto research from Nansen showed that initial sales of the token were priced at about 1.5 pence each, in line with what World Liberty told investors last year. This pricing puts Trump’s stake in the range of $236 million.
World Liberty has hinted that the tokens may become tradeable in the future, which could boost their value. Co-founder Zak Folkman spoke at a crypto gathering in New York on June 25 and promised that more updates would follow soon. “Everybody is going to be very, very happy,” he said.
Property and Other Business Assets: Estimated at No Less Than $1.3 Billion
Long before getting into digital assets, Donald Trump built his fortune mostly through real estate. His portfolio includes hotels, golf resorts, apartments, and commercial buildings. While the sector has had its ups and downs, it still remains a major part of its asset base.
Getting exact numbers on these properties is difficult since his disclosures only include minimum values. His latest filing lists 19 different real estate ventures, each said to be worth over $50 million, but none of them includes a top range. If you exclude his crypto and media companies, the declared total comes to at least $1.3 billion.
One of the court battles he faced in New York accused him of exaggerating property values to qualify for bank loans, which resulted in a civil judgment that penalised him with nearly $500 million.
Although the properties bring in money, we cannot determine their profit margin since expenses and reinvestments weren’t disclosed. During 2024, the two highest-earning properties were located in Florida: Trump National Doral near Miami brought in $110 million, and the Mar-a-Lago estate generated $50 million.
Licensing and Branding Revenue: $11 Million Minimum in 2024
Trump has also been making money through licensing his name to a wide range of products. From sneakers to guitars, his branding rights continue to pull in revenue. His financial report for 2024 indicates that these deals earned him over $11 million that year.
Donald Trump’s Financial Liabilities: Over $640 Million Excluding Interest
He holds considerable loans on his properties as part of his real estate operations. One major debt, a $160 million loan on the 40 Wall Street building in Manhattan, was recently paid off by his firm. However, the same filing shows he still owes over $100 million on other buildings.
What weighs most heavily on him financially are the legal judgments he has recently faced. The New York attorney general’s ruling alone demands close to $500 million. On top of that, there are two cases involving E. Jean Carroll. In one ruling, a Manhattan jury ordered Trump to pay her $83.3 million due to defamatory statements he made after she accused him of sexual assault.
Before that, another jury had awarded her $5 million after concluding that Trump sexually abused her in a department store dressing room in the 1990s and made defamatory comments on Truth Social.
To buy time while appealing these decisions, Trump obtained large appeal bonds worth hundreds of millions. These bonds required him to back them with major assets. If the appeals don’t go in his favour, he would have to pay the full penalties along with interest.
