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Donald Trump's Kids' HUGE Fortunes, How They Spend It

Donald Trump's kids' fortunes

By Katie Byrne · November 2, 2023

Originally published on loveMONEY

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The wealth of Donald Trump’s children uncovered

Despite Donald Trump's warnings for prosecutor Letitia James to "leave my children alone," his three eldest kids – Donald Trump Jr, Ivanka, and Eric – have all been ordered to testify at the Trump Organization's ongoing fraud trial in New York. 

Donald Jr has claimed has has "no understanding" of his family business' financial records. But one thing's for sure: like their famous father, Donald Jr and his siblings have built up huge fortunes thanks to the Trump brand. Read on as we take a look inside the luxurious and often scandalous lives of Donald Jr, Eric, Ivanka, Tiffany, and Barron Trump...

All dollar amounts in US dollars.

Alex Wong/Getty Images

Donald Jr

As the eldest child from Donald’s marriage to the late Ivana Trump, Donald Jr has a reported net worth of around $300 million since his father signed over the family business to him and his younger brother Eric.

Prior to making his millions, the 45-year-old graduated with an economics degree from the prestigious Wharton School at the University of Pennsylvania before joining his father's real estate empire, The Trump Organization. He's still an integral part of the business and is currently both executive vice president and a trustee. 

Joe Raedle/Getty Images

Donald Jr

The biggest boost to Donald Jr's bank balance came when his father formally signed over the Trump empire to him and Eric following his presidential inauguration in 2017.

He was the first of Trump's three children to testify at the New York fraud trial, taking to the stand on November 1. Donald Jr has previously slammed the trial on social media but was notably jovial in the courtroom, repeatedly claiming he was not involved with the minutiae of the Trump Organization's finances.

SAUL LOEB/AFP via Getty Images

Donald Jr

The outspoken businessman added another string to his money-making bow by signing up to the video messaging platform Cameo. Although his account is listed as temporarily unavailable, he was charging fans around $1,500 for live video calls. 

Donald Jr has also written two books, including the 2019 New York Times bestseller Triggered: How the Left Thrives on Hate and Wants to Silence Us. This was followed by the self-published Liberal Privilege: Joe Biden and the Democrats' Defense of the Indefensible in 2020, which retailed at $29.99 a copy. And he's lately taken his interest in publishing to the next level, starting a publishing house with Republican operative Sergio Gor. They currently sell just six books, but the venture has proved quite the money-maker...

Courtesy 45books.com

Donald Jr

Besides Liberal Privilege and a couple of titles by notable Trump supporters, the only books published by Winning Team Publishing are Our Journey Together, the first post-presidential book by one Donald Trump, and his latest offering Letters To Trump.

Our Journey Together features exclusive photographs from Trump's presidency, with captions written by the former POTUS. The title was published quietly in late 2021 but sales proved explosive, netting $20 million in just a few months. Gor and Donald Jr apparently "can't keep up with the customers" and ordered an extra 300,000 copies to be printed. It's likely Letters To Trump proved similarly successful, as the title was a best-seller on Amazon before it had even been released.

MANDEL NGAN/AFP via Getty Images

Donald Jr

Donald Jr heads up the Trump real estate empire, but he also boasts his own property portfolio, including a 5,900-square-foot Manhattan apartment and a luxe New York cabin.

Alongside brother Eric, Donald Jr is also the co-owner of a 171-acre hunting reserve in NY. And let’s not forget about the $9.7 million Florida mansion he bought in 2021 with his partner Kimberly Guilfoyle. His purchase of the 11,000-square-foot property, which has six bedrooms and 11 bathrooms, wasn't universally popular; some existing residents in the gated community of Admirals Cove in Jupiter protested their arrival due to Trump's association with the Capitol riots. 

JIM WATSON/AFP via Getty Images

Donald Jr

Donald Jr has also spent a chunk of his wealth on a series of hit-and-miss investments, including MSMDF Agriculture LLC, a "hydroponic lettuce company." Another notable investment was his involvement in the purchase of an old Navy hospital in North Charleston, South Carolina. A group of investors bought the site for around $5 million with plans to renovate the 10-story building and its 24-acre surroundings.

However, the project fell apart with the developers ultimately filing for bankruptcy and suing the county. An agreement was eventually reached, and the site was bought back by the county for $33 million.

Andrew Toth/FilmMagic

Donald Jr

Moving from his professional life to his personal life, Donald Jr has five children with his ex-wife Vanessa Kay Haydon. After 12 years of marriage, Haydon filed for divorce in 2018 with child support and division of property both key parts of the ensuing court case. Having spoken before about his formative years at expensive private schools, it’s safe to assume that Donald Jr's own children are also being put through equally prestigious educations. 

Alex Wong/Getty Images

Ivanka

Thanks to her fashion and jewelry lines, not to mention her marriage to real estate magnate Jared Kushner, eldest daughter Ivanka Trump, 42, is also astonishingly rich. According to reports, the couple is worth more than $1 billion.

Like Donald Jr, Ivanka attended the Wharton School, graduating with a degree in economics in 2004. She then began her career as a real estate manager at the now-defunct Forest City Realty Trust before joining her father’s business in 2005, in which she served as an executive vice president.

Jemal Countess/Getty Images for Lord & Taylor

Ivanka

In 2007, Ivanka launched Ivanka Trump Fine Jewelry with American diamond heir Moshe Lax. They opened a flagship Madison Avenue boutique, but the store eventually closed in 2015. Ivanka has also branched into fashion and beauty.

As well as her own fragrance, Ivanka launched a clothing line that was stocked in Macy's and Bloomingdale's and had affordable prices no higher than $200. According to Forbes, the label had made $100 million by 2015. However, once her father began his presidential bid, interest waned. The Washington Post reported that sales had dropped by 55% in 2017.

Alex Wong/Getty Images

Ivanka

In 2018, as her father recently noted to Fox News, Ivanka announced she had closed her fashion label to focus on her budding career in public policy. She also left her role as executive VP at The Trump Organization, a fact that proved pivotal to her successful bid to be removed as a defendant in her family's fraud trial (though she will have to testify as a witness).

Ivanka worked as a senior adviser to her father’s administration, as did her husband, and was also hired as the director of the Office of Economic Initiatives and Entrepreneurship. According to Business Insider, Ivanka and Jared made an estimated $83 million in 2017, despite not being paid for their political work.

John Lamparski/WireImage

Ivanka

As well as her fashion business and political work, Ivanka has also written two books. The Trump Card: Playing To Win In Work and Life was released in 2009 to questionable reviews, while Women Who Work: Rewriting the Rules for Success hit shelves in 2017.

The latter title, published by Penguin, made its debut on The New York Times bestseller list and Ivanka received a colossal advance of $787,500. But it wasn't quite the success it was expected to be. According to a report in Bustle, the title is believed to have lost Penguin $220,000 because it simply didn't sell.

Brian Marcus/Fred Marcus Photography via Getty Images

Ivanka

Ivanka married real estate heir Jared Kushner in 2009. He brought his own mighty fortune to the table as he’s worth a reported $800 million. Outside of his family’s property empire, Jared has established himself as a real estate developer and investor.

Purchases of note include his acquisition of 50.1% of the Times Square Building in 2015 for $295 million, as well as The New York Observer, which he snapped up for $10 million in 2006. He also launched RealCadre LLC, an online real estate platform. His stake in the business is estimated to be worth between $25 million and $50 million. 

MEGA/GC Images

Ivanka

With their real estate backgrounds, Ivanka and Jared’s property portfolio is naturally impressive. Their most recent acquisition was a $33 million home on Indian Creek, an exclusive island in Florida. Other residents in the tight-knit community include Gisele Bundchen and Tom Brady; Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar; and aviation billionaire Rakesh Gangwal.

The couple also has impressive art investments. Their favored pieces are predominantly by up-and-coming talent, and their collection is believed to be worth over $25 million.

ERIC GAILLARD/AFP via Getty Images

Ivanka

Ivanka and Jared love jetting off on vacations with their three children and have checked in to everywhere from luxe ski resorts to tropical retreats in the Bahamas. According to Ivanka's Instagram, one recent trip was to Morocco. And naturally, as someone who once ran her own fashion line, Ivanka also has a penchant for exquisite style – she’s been spotted in pieces by high-end designers including Roland Mouret, Oscar de la Renta, and Monique Lhuillier. 

Mark Reinstein/Corbis via Getty Images

Eric

As the middle Trump child, Eric, 39, has also pursued a range of business opportunities. With a reported fortune of between $150 million and $300 million, how has he made his money? After finishing his degree in finance and management at Georgetown University, Eric joined The Trump Organization, where he is currently a trustee and vice executive president.

Taylor Hill/Getty Images

Eric

In 2006, Eric launched the Eric Trump Foundation, a charity for patients at St Jude’s Children’s Hospital. According to the organization's website, it raised more than $16 million for the Memphis-based hospital, although the operations of the charity weren’t without controversy, according to Forbes...

Mark Reinstein/Shutterstock

Eric

Eric closed the organization in 2016 after facing questions about whether donors would have political access to his father. But problems first arose in 2014. Speaking after the Foundation's annual charity golf tournament, Eric said: "We just raised an inordinate amount of money, and it all obviously goes to the children of St. Jude." However, further investigation revealed that while an impressive $1.8 million was raised at the tournament, only $1.2 million went to the hospital. Of the remaining $600,000, around $200,000 reportedly went to organizations with links to the Trump family.

David Cannon/Getty Images

Eric

In 2011, Eric launched Trump Winery in Virginia, purchasing the 1,300-acre estate for $8.5 million. The winery sells around 40,000 cases annually and has even won several awards. As well as wine, customers can purchase everything from apparel to novelty pet merchandise like a Trump Winery dog bandana, with "celebration bundles" and gift coupons also available. The vineyard also boasts a hotel that hosts everything from weddings to corporate events.

Slaven Vlasic/Getty Images

Eric

Eric’s other main money-makers relate to the family business. As well as his stake in the Trump International Hotel in Washington DC, the Trump empire was formally signed over to him, along with brother Donald Jr, when his dad became the US president in 2017. While he’s yet to follow in his older siblings’ footsteps by writing a book, Eric did follow their lead by acting as a judge on his father’s TV show The Apprentice for six seasons.

Jeff J Mitchell/Getty Images

Eric

So what does Eric like to do with his reported nine-figure fortune? Together with his wife Lara and their two children, he has a family home in Westchester, NY and a $2 million apartment in New York City. In May 2021, Eric also purchased a $3.2 million property in Florida close to the waterfront mansion that Donald Jr and Kimberly Guilfoyle had snapped up earlier that year.

Eric and Lara's new five-bedroom home covers a sprawling 9,982 square feet and is said to be the largest property in the exclusive Trump National Golf Club gated community.

Bobby Bank/WireImage

Eric

Eric’s past spending hasn’t been without controversy. Eric and Donald Jr have a shared passion for big game hunting, with one particular trip to Zimbabwe sparking outcry from organizations such as PETA. Such hunting trips can cost tens of thousands of dollars and the brothers’ opinion-dividing hobby is backed by their father.

OLIVIER DOULIERY/AFP via Getty Images

Tiffany

So what about Tiffany Trump, Donald Trump's youngest daughter through his marriage to Marla Maples? Tiffany, 30, has an estimated net worth of around $10 million but still has plenty of time to catch up with her older siblings. Graduating in 2016 from the University of Pennsylvania with a degree in sociology, Tiffany chose to continue her studies with a three-year law course at Georgetown, which reportedly costs $60,000 a year. Having graduated in 2020, she's currently a research assistant there. 

Although she's largely been overshadowed in the media by her older sister Ivanka, insider reports have sparked rumors that Tiffany is "angling" for a bigger role in her father's re-election campaign. Watch this space...

Dia Dipasupil/Getty Images

Tiffany

In terms of money-making ventures, Tiffany released her debut single in 2011. Despite getting a primetime slot on The Oprah Show, the track, Like A Bird, hardly sold, although it enjoyed a brief revival during her father's presidential campaign.

In 2016, Tiffany hinted she might one day join The Trump Organization, suggesting her legal studies would allow her to bring a different skill set to the business. One of the so-called "rich kids of Instagram," Tiffany has amassed 1.3 million followers on the social platform, though she apparently isn't using it to make money yet.

Noam Galai/Getty Images

Tiffany

A quick scroll through her Instagram account reveals Tiffany’s love of fashion and travel. Pre-COVID, she shared snaps of herself enjoying everything from pool parties to yacht trips to getaways around Europe and the Bahamas. Her first post-COVID vacation picture, posted on 1 February 2022, shows her walking through the streets of Paris.

Courtesy tiffanytrump via Instagram

Tiffany

In January 2021, Tiffany got engaged to her partner Michael Boulos, a graduate of City, University of London. The pair reportedly met in Mykonos where Tiffany was on vacation with actor Lindsay Lohan. The heir to the billionaire business Boulos Enterprises, which is based in Nigeria, Boulos reportedly boasts his own net worth of $20 million.

Although the cost of the November 2022 wedding wasn't made public, it's likely that no expense was spared when planning the Mar-a-Lago ceremony and its 500-strong guest list... 

Chip Somodevilla/Getty Images

Barron

At just 17, Barron Trump is the youngest of Donald Trump's five children. Technically still a minor by law, he might not have access to the mammoth Trump family bank accounts yet, but his mother Melania has reportedly ensured through a prenup that her son will receive an equal portion of his father’s fortune when he’s older. 

JIM WATSON/AFP via Getty Images

Barron

According to Melania, Barron isn't on social media. Little is known about what he spends his money on, although he's apparently a keen sports player. We also know that he attended Columbia Grammar & Preparatory School before enrolling at St Andrew's Episcopal School in Potomac, Maryland. Both establishments cost a substantial $40,000 a year.

Prior to his father’s presidency, Barron occupied an entire floor of his parents' Trump Tower penthouse. Town & Country wryly observed at the time that his move from the penthouse to the White House was, technically speaking, a downgrade for the lucky teen. 

Evan El-Amin/Shutterstock

Barron

Barron is mainly seen accompanying his parents on trips, often traveling by his father's private jet Trump Force One. It’s worth noting that the Trump children have all been criticized for the expensive taxpayer-funded security teams that have accompanied their jaunts during Donald’s political career.

The total cost of protecting the Trump family has proved astronomical; according to CNN, over $1 million of New York City money was spent on security for Trump, his children and grandchildren after he was elected president in 2016.

Now see how Donald Trump makes and spends his money

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