Donald Trump’s Kids Net Worth Vastly Lower Than Dad’s
Former President Donald Trump‘s children have a net worth significantly lower than their father’s.
According to a Foreign Policy report, the five children are altogether worth just under $1 billion.
The eldest son, Donald Trump Jr, had an estimated net worth of $200 million in 2021. He is also in charge of the family business and oversees the company’s properties alongside his younger brother, Eric Trump, who had a net worth of between $150-300 million in 2021.
Ivanka Trump, who served as a senior adviser in Trump’s White House, has about $300 million in net worth and reports that she has a trust that earns her $5 million annually. She is also married to real estate developer Jared Kushner, who also served as a Trump senior adviser. Combined together, the two have a net worth of about $740 million.
According to Forbes, the Trump children own virtually none of the Trump Organization’s vast holdings.
The only major venture in which Trump included his family was the Trump International Hotel in Washington, D.C., which recently sold for $375 million to Florida-based CGI Merchant Group at a $100 million profit.
The three oldest children had reported 7.5 percent interest, translating to about $15 million after debt.
Another report from Forbes relieved that if the former president were to pass away, his children would have to pay more than $1.3 billion in state and federal estate taxes. They might need to sell off the Trump Organization’s entire New York City real estate portfolio in order to cover it.
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