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.

Cryptocurrencies and Liquid Assets: $2.1 Billion

Forbes estimates in March 2026

Current assets

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.

Memecoin tokens

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.

World Free Financial Token

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.

Stablecoin business

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.

Alt5

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.

Truth Social's parent company: $1.2 billion

Forbes estimates as of March 1, 2026

Trump Media & Technology Group

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.

Golf clubs and resorts: $1.5 billion

Forbes estimates in March 2026

American Golf Club

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.

Mar-a-Lago

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.

Miami Trump Doral National Resort

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.

Three golf properties in Europe

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.

Real estate investment: $1.2 billion

Forbes estimates in March 2026

6 East 57th Street

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.

1290 Avenue of the Americas

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.

555 California Street

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.

Trump Tower

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.

Trump Park Avenue

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."

Four properties in Florida

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.

40 Wall Street

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.

Trump International Hotel, Las Vegas

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.

Trump Tower penthouse

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.

Residential plot

Total value: US$45 million

Liabilities: 0

Net worth: $45 million

Location: Rancho Palos Verdes, California

Image source: BAUER-GRIFFIN/GC IMAGES/GETTY IMAGES

Trump Winery

Total value: US$44 million

Liabilities: 0

Net worth: $44 million

Location: Charlottesville, Virginia

Image source: DYLAN RIVES/STRINGER/GETTY IMAGES

Chicago Trump International Hotel & Tower

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.

Trump Park / Trump Park East

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.

Seven Springs Manor

Total value: US$30 million

Liabilities: 0

Net worth: $30 million

Location: Bedford, New York

Image source: THE WASHINGTON POST/GETTY IMAGES

Trump World Tower

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

Trump Square

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.

Saint Martin Island Residence

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.

Trump International Hotel & Tower, New York

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

Briercliff, New York

Total value: $5 million

Liabilities: 0

Net worth: $5 million

Type of assets held: vacant land

Image source: BOBBY BANK/WIREIMAGE/GETTY IMAGES

Two residences in Virginia

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

Trump Palace

Total value: $500,000

Liabilities: 0

Net worth: $500,000

Asset type: Storage units

Other assets: $551 million

Forbes estimates in March 2026

Authorization and Management Business

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.

private jet

Total value: US$11 million

Liabilities: 0

Net worth: $11 million

Assets held: one helicopter and one fixed-wing aircraft

Loans to children

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.

pension

Net worth: $2 million

Image source: LARRY DOWNING/GETTY IMAGES

Legal liability for damages: -$97 million

Forbes estimates in March 2026

Legal liability for damages

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.

"For me, money has never been the main motivation; it's just a tool for scoring. The real fun lies in the game itself."
—Donald Trump, The Art of the Deal

Image source: JOE RAEDLE/GETTY IMAGES

Frax Finance's new proposal proposes to invest up to $10 million in Trump family crypto project WLFI

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