HOLLYWOOD, FLORIDA - SEPTEMBER 11: Donald Trump Jr. and former President of the United States Donald Trump look on prior to the fight between Evander Holyfield and Vitor Belfort during Evander Holyfield vs. Vitor Belfort presented by Triller at Seminole Hard Rock Hotel & Casino on September 11, 2021 in Hollywood, Florida. (Photo by Douglas P. DeFelice/Getty Images)
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, 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 served as a Trump senior adviser. Combined, the two have a net worth of about $740 million.
Tiffany Trump‘s estimated worth is about $600,000, while the net worth of Trump’s youngest son, Barron, was not revealed as he is still a student.
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 Forbes report stated 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. To cover this, they might need to sell off the Trump Organization’s entire New York City real estate portfolio.
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