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Dan Alexander - White House Inc : How Donald Trump Turned the Presidency into a Business

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Dan Alexander White House Inc : How Donald Trump Turned the Presidency into a Business
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THE TRUMP FORTUNE Estimates as of March 1 2020 ASSET VALUE DEPT - photo 1

THE TRUMP FORTUNE

(Estimates as of March 1, 2020)

ASSET

VALUE

DEPT

TRUMPS STAKE

TRUMPS EQUITY

555 California St. (San Francisco)

$2.3 billion

$548 million

30%

$517 million

1290 Ave. of the Americas (NYC)

$2.5 billion

$950 million

30%

$457 million

40 Wall St. (NYC)

$471 million

$141 million

100%

$330 million

Trump Tower (NYC)

$330 million

$100 million

100%

$230 million

6 East 57th St. (NYC)

$211 million

$0

100%

$211 million

Ten U.S. golf clubs

$210 million

$18 million

100%

$192 million

Mar-a-Lago (Palm Beach, Fla.)

$170 million

$0

100%

$170 million

Trump Park Ave. (NYC)

$173 million

$10 million

100%

$163 million

Cash

$160 million

$0

100%

$160 million

Trump National Doral Miami

$209 million

$125 million

100%

$84 million

Hotel management and licensing

$80 million

$0

Various

$80 million

Scotland and Ireland golf clubs

$79 million

$0

100%

$79 million

Trump Intl Hotel Las Vegas

$136 million

$0

50%

$68 million

Trump Tower penthouse (NYC)

$52 million

$0

100%

$52 million

Trump Parc East (NYC)

$30 million

$0

100%

$30 million

Winery (Charlottesville, Va.)

$30 million

$0

100%

$30 million

Estate (Bedford, N.Y.)

$30 million

$0

100%

$30 million

Two airplanes and two helicopters

$27 million

$0

100%

$27 million

Palm Beach, Fla., houses

$36 million

$11 million

100%

$25 million

Trump Plaza (NYC)

$37 million

$13 million

100%

$24 million

Trump World Tower (NYC)

$24 million

$0

100%

$24 million

Trump Intl Hotel Washington, D.C.

$200 million

$170 million

77.5%

$23 million

Caribbean estate (St. Martin)

$13 million

$0

100%

$13 million

Undeveloped lots in California

$12 million

$0

100%

$12 million

Trump Parc (NYC)

$11 million

$0

100%

$11 million

Trump Intl Hotel & Tower (NYC)

$14 million

$6.5 million

100%

$7.5 million

Trump Intl Hotel & Tower Chicago

$96 million

$95 million

100%

$1 million

Virginia homes

$1.5 million

$0

100%

$1.5 million

Product licensing

$500,000

$0

100%

$500,000

Total assets (attributable to Trump): $4.2 billion

Total debt (attributable to Trump): $1.1 billion

NET WORTH: $3.1 billion

Source: Dan Alexander for Forbes

THE MULTIBILLION-DOLLAR PRESIDENCY

Donald Trump elected to donate his $400,000 annual salary as president. He doesnt need the government check. By the time Trumps first two years in office were over, his businesses had already collected an estimated $1.2 billion in revenue. That put the president on pace to haul in $2.4 billion of revenue by the end of his first term and $4.9 billion by the end of his potential second term. Here, for the first time ever, is a look at all the money flowing into the presidents business.

ASSET

2017-2018 REVENUE (EST.)

ON PACE TO HIT AFTER ONE TERM IN OFFICE

ON PACE TO HIT AFTER TWO TERMS IN OFFICE

U.S. golf clubs

$216 million

$432 million

$864 million

Trump National Doral Miami

$151 million

$301 million

$603 million

1290 Ave. of the Americas (NYC)

$108 million

$217 million

$433 million

40 Wall St. (NYC)

$84 million

$168 million

$336 million

Trump Intl Hotel Washington, D.C.

$81 million

$163 million

$325 million

Real estate management and licensing

$81 million

$162 million

$324 million

Scotland and Ireland golf clubs

$80 million

$159 million

$318 million

555 California St. (San Francisco)

$78 million

$156 million

$311 million

Trump Intl Hotel & Tower Chicago

$72 million

$144 million

$288 million

Trump Tower (NYC)

$69 million

$137 million

$275 million

Mar-a-Lago (Palm Beach, Fla.)

$48 million

$96 million

$191 million

6 East 57th St. (NYC)

$26 million

$52 million

$104 million

Trump Intl Hotel Las Vegas

$26 million

$52 million

$104 million

Other

$25 million

$50 million

$100 million

Skating rink and carousel (NYC)

$19 million

$37 million

$75 million

Restaurants

$8 million

$16 million

$33 million

Trump Park Avenue (NYC)

$8 million

$16 million

$32 million

Trump Plaza (NYC)

$5 million

$11 million

$21 million

Trump Intl Hotel & Tower (NYC)

$5 million

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