All Known Assets

The parent company of Truth Social, the social media platform Trump launched after being banned from mainstream networks. It went public via a SPAC merger in early 2024, sending its value skyward. Trump holds a controlling stake of around 60 percent. The company also holds approximately 9,500 Bitcoin on its balance sheet, acquired as part of a broader digital asset strategy. In December 2025, TMTG announced a roughly $6 billion merger with nuclear-fusion energy company TAE Technologies and separately outlined plans to spin off Truth Social into its own publicly traded entity. The company reported a 2025 net loss of $712 million (versus $401 million the prior year) on revenue of just $3.7 million, and its share price decline cut an estimated $1.3 billion from Trump's paper wealth in Forbes' 2026 accounting.

Estimated $1.1 billion in cash and cash equivalents as of the Forbes September 2025 assessment. Much of this liquidity originated from cryptocurrency sales following his return to the presidency, real estate transactions including the sale of the Washington D.C. hotel, and a San Francisco office building refinancing. From late August to early October 2025, Trump also purchased corporate and municipal bonds valued at between $82 million and $337 million, investing in tech companies, banks, and retailers — sectors that benefit from his administration's policies. The New York Times estimated at least $2.2 billion in total stocks, bonds, and cash as of July 2025. Two further OGE disclosures — a Periodic Transaction Report (278-T) filed May 8, 2026, and the full 2025 annual disclosure filed June 30, 2026 — revealed the scale of this trading activity: 3,642 individual securities transactions between January 6 and March 30, 2026 alone (roughly 63 per trading day), with cumulative disclosed value estimated between $220 million and $750 million. Large purchases included Nvidia, Apple, an S&P 500 index fund, Microsoft, Meta, Oracle, Broadcom, Bank of America and Goldman Sachs; large sales included Microsoft, Amazon and Meta. Every transaction on the May filing was flagged as reported more than 30 days late, triggering fee penalties. The New York Times reported the trading surge followed an August 2025 appellate ruling that vacated the roughly $500 million penalty in Trump's New York civil fraud case, freeing cash that had been held as bond collateral. The Trump Organization says outside, independent brokers control the accounts on a discretionary basis and that Trump has no role in individual trades — a characterization consistent with "unsolicited" and "discretion exercised" notations on the filings. Senator Elizabeth Warren has pointed to a January 6, 2026 Nvidia purchase made roughly a week before the administration eased export-control rules on Nvidia chip sales to China, and has called for an SEC inquiry; Treasury Secretary Scott Bessent has dismissed the concern, citing the outside-manager arrangement.

A decentralised finance platform co-founded by Trump's three sons and listing Trump himself as a co-founder emeritus. A corporate entity linked to the Trump family holds rights to 75 percent of all revenue from token sales. By the end of 2025 the family had reportedly received over $1 billion from the project. A UAE investment vehicle controlled by Sheikh Tahnoon bin Zayed purchased a 49 percent stake for $500 million shortly before Trump's second inauguration.

A 72-storey skyscraper in the Financial District, also known as the Trump Building. Trump holds the ground lease on the property. In 2025 he reportedly paid off roughly $114 million in debt against it, strengthening his equity position. The building is leased from the Hinneberg family of Germany.

A portfolio of roughly 33 active licensing agreements allowing developers to use the Trump name on hotels, residential towers, and mixed-use projects globally. Trump typically receives fees and royalties without direct capital investment. This division is run by his children and was valued by Forbes at around $562 million.

A 128-room Mediterranean-style estate on 17 oceanfront acres in Palm Beach. Originally built in 1927 for cereal heiress Marjorie Merriweather Post, Trump acquired it for around $10 million and converted the historic property into an exclusive private club. Annual membership initiation fees have risen to around $1 million. The estate serves as his primary legal residence and unofficial political base of operations outside Washington. Forbes' 2026 valuation (March 2026) put the estate at approximately $560 million, up roughly $370 million from a year earlier, reflecting continued membership fee growth and the property's use as a hub for presidential diplomacy.

A major resort complex featuring four golf courses, 643 hotel rooms, multiple restaurants, pools, and conference facilities. The flagship Blue Monster course formerly hosted PGA Tour events. Acquired out of bankruptcy, it is one of the most operationally significant properties in his portfolio.

A dollar-pegged stablecoin issued by World Liberty Financial, launched in March 2025. The Trump family is entitled to a share of interest earned on the reserve assets backing the coin. A $2 billion transaction involving the coin and Abu Dhabi sovereign wealth fund MGX drew significant scrutiny from US lawmakers.

A speculative memecoin launched days before Trump's second inauguration in January 2025. The token briefly reached around $45 at launch before declining sharply. Family-linked entities control a large portion of the supply. Melania Trump launched a parallel coin, $MELANIA, around the same time.

A 1,100-acre vineyard estate in the Blue Ridge foothills, producing award-winning wines across multiple varietals. The property was purchased for around $8.5 million and is managed by Eric Trump, though Donald Trump has claimed ownership publicly. The winery markets itself as one of the largest on the East Coast.

Trump holds a 30 percent interest in this 43-storey Midtown Manhattan office tower, originally designed by Emery Roth and Son in 1964 and restored in 2013. The stake is held through a joint venture with Vornado Realty Trust, led by Steven Roth, who served on Trump's economic advisory council. With the property carrying approximately $950 million in debt, Forbes estimates Trump's net share at around $137 million. The deal originated from a property swap involving Riverside South — considered one of the most lucrative transactions of Trump's career. When Vornado hedged its interest-rate risk during refinancing, Trump did not, reportedly resulting in multimillion-dollar losses.

A three-building office complex in San Francisco's Financial District. Trump holds a 30 percent interest through the same Vornado joint venture as 1290 Avenue of the Americas — both stakes originating from the Riverside South land swap. The complex carries approximately $1.2 billion in debt against a gross valuation of around $1.6 billion, leaving Trump's net share at roughly $120 million. The property was refinanced after Trump's first presidency with increased debt obligations. It is one of the few significant Trump assets located on the West Coast.

The commercial portion of Trump Tower — approximately 235,000 square feet of office and retail space across the lower floors of the iconic 58-storey Fifth Avenue skyscraper. Forbes values the gross property at $215 million; after subtracting roughly $100 million in debt, the net value stands at around $115 million. Trump falsely claimed for years that the penthouse was 33,000 square feet; New York City records show the actual area is 10,996 square feet. The building, completed in 1983, houses the Trump Organization headquarters and served as Trump's primary base of operations for over four decades.

One of Scotland's most celebrated golf resorts, site of multiple Open Championships. Trump acquired it in 2014 and invested heavily in renovation. The resort includes the Ailsa Championship Course and the King Robert the Bruce Course, alongside a luxury hotel.

An 800-acre private club in Potomac Falls, Virginia, containing two 18-hole courses designed by Tom Fazio (Championship) and Arthur Hills (Riverview), both par 72. The 50,000 square-foot clubhouse, 82-foot pool, and indoor tennis centre complete a full-service facility. Trump purchased the former Lowes Island Club in 2009 for $13 million from a bank after the previous owner defaulted, then invested at least $25 million in renovations. Golf Digest ranked it the No. 9 Best Course in Virginia in 2025. Hosted LIV Golf in 2023 and 2024. Atlantic Industrial Coatings — the company awarded the controversial $13.1 million no-bid Reflecting Pool contract — previously worked on pools at this club.

A five-star golf resort and hotel on over 400 Atlantic coastal acres in County Clare, Ireland. The Greg Norman-designed links course opened in 2002; Trump acquired it from receivership in 2014 for approximately €15 million, then invested over €40 million in renovations. The 218-suite lodge won Condé Nast Traveller's 2025 Best Resorts in Europe award. The course will host the Amgen Irish Open in September 2026 — its first major European Tour event. Despite luxury positioning, the property operated at pre-tax losses of €1.37 million in 2019 and €3.59 million in 2020. Golf Digest ranked it the ninth-best course in Ireland.

A three-level, roughly 11,000 square-foot penthouse occupying the top floors of Trump Tower on Fifth Avenue. The interior follows a Louis XIV-inspired aesthetic with gilded walls, marble surfaces, crystal chandeliers, and bronze statuary. This served as his primary home for nearly four decades until Mar-a-Lago became his official residence in 2019.

A 36-hole golf facility on around 570 acres roughly 40 miles west of Manhattan. The club serves as a summer retreat for the Trump family and has hosted significant political events. Trump once indicated he wished to be buried on the grounds.

Trump's first-ever golf course acquisition and the pioneer for his reputation in luxury private golf. Opened in 1999 and designed by Jim Fazio with a budget exceeding $40 million, the 27-hole facility required moving three million cubic yards of earth, digging lakes over 50 feet deep, and transplanting 5,000 mature trees. The 18-hole Championship Course measures 7,326 yards. Ranked the No. 1 golf course in Florida by Florida Golf Magazine and a top-15 course in Golf Digest's Best Florida Courses (2025). Sits adjacent to Mar-a-Lago, whose members are entitled to play here. Hosted the LPGA Tour ADT Championships 2006–2008. Trump self-reported a value of $25 million to $50 million.

A 213-acre estate containing a 60-room mansion in Westchester County. Originally purchased with plans to develop a golf course, local opposition forced those plans to be abandoned. The property has been the subject of multiple investigations into whether its declared valuation for tax and lending purposes was accurate.

An 18-hole oceanfront golf course on the dramatic Palos Verdes Peninsula south of Los Angeles, overlooking the Pacific. One of the most scenically striking courses in Trump's portfolio, situated on an active landslide-prone bluff — a geological factor that has periodically affected the property. Trump reported $13 million in golf revenue alongside $8.2 million in land sales from the property, suggesting an active residential development component. He self-reported its value at $50 million or above in financial disclosures.

An 18-hole private club near Trump's hometown, designed by the legendary Pete Dye — who has designed multiple PGA Tour venues. The course holds personal significance as his closest major club to Manhattan. Forbes reported annual revenue of approximately $9.4 million. Located in Briarcliff Manor, Westchester County, near the Seven Springs estate and the Briarcliff Manor land holding also in his portfolio. Trump self-reported a value of $50 million or above.

An 18-hole links golf course on the Menie Estate near Balmedie in Aberdeenshire. The development faced extensive local opposition and controversy over the compulsory purchase of adjacent farmland. The course opened in 2012 and has operated at a financial loss for much of its history.

An 18-hole private club in Jupiter, Florida, on the Atlantic coast north of Palm Beach. The first Trump-acquired course designed by Jack Nicklaus — the 18-time Major winner — purchased from Ritz-Carlton in 2012. The Mediterranean-style clubhouse attracts high-profile membership and the course regularly features on Florida best-of lists. Forbes reported annual revenue of approximately $12.4 million. Trump self-reported a value of $50 million or above.

An 18-hole private hilltop course designed by Tom Fazio in Pine Hill, New Jersey, offering panoramic views of the Philadelphia skyline. Measuring 7,370 yards from the championship tees, the course features tree-lined fairways and multiple water obstacles, and has undergone a signature renovation under Trump's direction. Forbes reported annual revenue of approximately $4 million to $5 million. Trump self-reported its value at $5 million to $25 million.

An 18-hole waterfront course on Lake Norman in Mooresville, North Carolina, designed by Greg Norman. Fourteen holes play directly along or over the water. The property features a New England-style cobblestone village entrance, a bakery, Village Spa, and fine dining. Forbes reported annual revenue of approximately $10 million. Trump acquired it in 2012 and self-reported a value of $5 million to $25 million.

A private 18-hole links-inspired course in affluent Monmouth County, New Jersey, designed by Jerry Pate with course refinements by Tom Fazio II and Trump personally. Forbes reported annual revenue of approximately $6.6 million — a relatively high revenue multiple compared to its stated value. Trump self-reported a value of $5 million to $25 million.

An 18-hole private course in the Hudson Valley framed by views of the Stormville Mountains. Renovated under Trump's direction with luxury amenity upgrades consistent across the portfolio. Forbes reported annual revenue of approximately $4 million to $5 million. Trump self-reported a value of $5 million to $25 million. One of his later course acquisitions.

Four series of non-fungible tokens licensing Trump's name and likeness, operated through NFT INT LLC and CIC Digital LLC. Series 1 (December 2022): 45,000 cards at $99 each, sold out in under 24 hours. Series 2 (April 2023): 47,000 cards. Series 3 — the Mugshot Edition (December 2023): 50,700 cards. Series 4 — America First Collection (August 2024): 360,000 cards. Trump disclosed $7.2 million in NFT licensing income in one financial disclosure period; total earnings across all series are estimated at over $15 million. Secondary market floor prices for Series 1 have fallen to approximately $50–$60 from initial highs.

Trump's personal aircraft holdings valued collectively at approximately $11 million by Forbes. The flagship is a customised Boeing 757 known as "Trump Force One," finished in gold and dark blue with his name on the fuselage. The aircraft features a custom bedroom, dining room, and entertainment suite with a capacity of around 43 passengers. Trump also owns at least one private helicopter. Both assets are used for personal and business travel and have been central to his public image for decades. The Boeing 757 was acquired in 2011.

Two adjoining residential buildings on Central Park South owned by the Trump Organization. Trump Parc East is a 14-storey condominium building built in 1929; Trump Parc (the former Barbizon Plaza Hotel) is a 38-storey condominium tower. Trump holds partial equity in residential space alongside retail and garage lease agreements. During his first presidency, he sold three units at Trump Parc East for a total of $7.5 million. The combined estimated stake is around $10 million based on remaining equity after prior unit sales.

Vacant land in Briarcliff Manor, Westchester County, valued at approximately $5 million by Forbes in Trump's personal financial disclosures. This holding is separate from the Seven Springs estate and Trump National Westchester golf club, also located in Westchester County. The specific acreage and any planned development use are not publicly documented in detail.

A branded sneaker line launched in February 2024 at a Philadelphia footwear convention. Products include the "Never Surrender High-Tops" and gold- and silver-coloured limited editions. Manufactured and sold by 45Footware LLC under a licensing agreement with CIC Ventures LLC, a company owned by Trump. The launch was widely ridiculed but sold out rapidly. The products explicitly state they are not political and have nothing to do with any political campaign. Income from the deal was not included in Trump's most recent financial disclosure, making precise valuation difficult.

Two residential properties in Virginia, valued collectively at approximately $2 million by Forbes in Trump's personal financial disclosures. The specific locations and addresses are not publicly detailed beyond the state-level disclosure band. These appear as secondary or investment residential holdings in his broader portfolio.

Physical gold bullion listed in Trump's financial disclosures, valued at at least $100,000 and up to $500,000. The exact quantity is not specified beyond the disclosure band. A separate disclosure entry also noted at least $1 million in a "virtual ethereum key," indicating he holds crypto assets in self-custody in addition to his larger institutional positions. The gold holdings are consistent with Trump's long-stated affinity for gold as both an aesthetic and an investment theme.

Publicly disclosed personal holdings in Apple stock, part of a diversified portfolio of blue-chip technology equities including positions in Microsoft and Nvidia, as declared in financial disclosure filings.

Additional land holdings associated with the Charlottesville winery estate, including farmland and woodland parcels.

On June 16, 2025, Trump announced a mobile virtual network operator called Trump Mobile, operated through T1 Mobile. The company plans to sell a gold-coloured Android smartphone called the T1 at $499, alongside a 5G service plan at $47.45 per month — the price referencing Trump's status as the 45th and 47th president. T1 Mobile was founded by Donald Trump Jr. and Eric Trump. No independent revenue or valuation figures are available for the newly launched venture.