Published 19:01 IST, November 6th 2024

Donald Trump's net worth: Golf courses, winery, real estate & more - What fuels his $6 bn empire

A single company comprises of $3.5 Bn of his net worth

Reported by: Urvi Shrivastav
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Donald Trump net worth | Image: Trump.com
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Donald Trump recently re entered list of richest 500 people in world, with a massive net worth of $6 Bn. Here’s a breakdown of Donald Trump’s distribution of wealth:

Real Estate 

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Trump began building his real estate empire while working with his far Fred Trump. Trump Tower, 58 storey building in Midtown Manhattan, and $500 Million stake in 1290s Avenue of Americas. He also owns a beach house in Florida with $10 Million, and a luxurious real estate in St. Martin called Trump Le Chateau Des Palmers St. Martin. 

Golf courses

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Trump’s love for golf is well kwn. He started constructing golf courses in 1999, and w owns 19 golf courses worldwide including in Puerto Rico and Dubai. places are under holding company Trump Organization. 

Media Ventures

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Donald Trump has diversified his revenue sources, and also owns Trump Media & Techlogy Group Corp. (TMTG), based in Florida, which also includes Truth Social Platform. He is single largest stakeholder in company, with a  57 per cent shareholding. This company is his single largest financial asset, amounting to $3.5Bn. 

Digital Assets and Royalties 

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Trump's digital earnings are mainly from n Fungible Tokens (NFTs), his NFT licensing brought in $7.2 million, while he holds an ditional $5 million in a "virtual Ereum key." 

Book Licensing Deal

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Trump has lent his name to a Bible which was priced at $59.99. This venture earned him royalties to amount of $300,000. His book released in 2023 titled, ‘Letters to Trump’, is a collection of correspondence from celebrities like Oprah Winfrey, and former Presidents like Bush and Obama. This book deal generated an ditional $4.5 million for him.

Investments

Trump's wealth is also invested in stock market, digital assets, bonds, and treasuries. He also owns old school gold bars.

18:59 IST, November 6th 2024

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