10 ways how the Trump family spends their billions: From aircraft fleet to designer outfits
From aircraft fleet to $50M penthouse, a look at what Trump family splurges on
According to a Forbes study dated May 2024, the current estimate of former President Donald Trump's net worth is $7.5 billion. Not to mention the individual net worths of his adult children: Tiffany Trump is estimated to be worth $10 million, according to Celebrity Net Worth, while Donald Trump Jr and Eric Trump are estimated to be worth $25 million each, according to Forbes. Out of all the children, Ivanka Trump, who has her own company, has the highest net worth. Based on their real estate holdings and other interests, ethics filings provide the most accurate estimate of her and her husband Jared Kushner's net wealth, which is around $1.1 billion. Let us take a look at 10 ways in which the Trump family spends their billions.
1. Donald Trump's fleet of airplanes
Trump has an eviable fleet of airplanes. According to reports, he paid $8 million for a Boeing 727 back in the day, then in 2010 he replaced it with a $100 million Boeing 757 that he purchased from Microsoft's Paul Allen. Additionally, Trump has a Cessna aircraft, allegedly valued at $15.3 million at purchase and $3.2 million upon sales in 2016. The total estimated worth of Trump's fleet, which consists of two aircraft and one chopper, is $15 million.
2. Melania Trump's pricey fashion wears
Melania Trump has a penchant for designer clothing well. She has been spotted in a $7,995 sequined gown by Monique Lhuillier at a White House Historical Association dinner and a $2,095 Givenchy cape dress at an International Red Cross Ball. Additionally, there was the occasion when she wore a $52,000 Dolce & Gabbana jacket.
3. Melania Trump's hair stylist and makeup artist
Nicole Bryl, Melania Trump's personal makeup artist, earlier revealed to US Weekly that Melania intended to create a "glam room" in the White House. In addition, she travels with her hair stylist who makes sure her hair is well coiffed.
4. Barron Trump's school fees
Barron was enrolled in Columbia Grammar and Preparatory School in New York, fees of which may run up to $59,000 per year. He attended the Maryland-based St Andrew's Episcopal School, which can run up to $47,000 a year, when he was a resident of the White House. Later on, he went to the Oxbridge Academy, which was located close to his father's Mar-a-Lago resort in West Palm Beach, Florida.
5. $50M penthouse in Trump Tower
Before relocating to the White House in 2017, Donald Trump, Melania, and Barron resided in the opulent $50 million penthouse at Trump Tower in New York. Although city records show that the penthouse is 10,996 square feet, Trump is believed to have claimed that it is 33,000 square feet.
6. Donald Trump Jr's real estate in Manhattan
Donald Trump Jr has property in Manhattan. According to Town & Country, he paid $1.5 million and $1.125 million for two apartments at a building known as the Sovereign. It was suggested by the press that he joined the two flats.
7. White rhino hunters
Big game hunting can be highly costly, as Eric and Donald Jr are well aware of. It may cost $66,790 for a 14-day white rhino hunt. The Trump family is known for their hunting history as Donald Trump has often been in the limelight for it.
8. Ivanka Trump's expensive wedding
Ivanka Trump is busy establishing her own business. According to documents made public by the White House, she made at least $13.5 million between January 1, 2016, and May 31, 2017. Her namesake brand brought in over $5 million, the Trump Organization contributed over $2.5 million, and she received over $800,000 for work on books and television. Ivanka Trump and Jared Kushner may have spent at least $1 million on their 2009 wedding at Trump National Golf Club, according to several media sources.
9. Tiffany Trump's university fees
Donald Trump covered Tiffany Trump's educational expenses, an insider who spoke with People Magazine said. She completed her undergraduate studies at the University of Pennsylvania before earning her JD in 2020 from Georgetown Law School, which charges up to $80,000 year for a full-time study.
10. Tiffany Trump's expensive outfits
Tiffany has frequently worn couture designer Daniel Basso, whose gowns can cost thousands of dollars, to formal occasions. She has also been photographed sporting $725 Aquazarra shoes.
