It has been a tough year for President Trump. On top of impeachment and the pandemic, his net worth has dropped an estimated $600 million since last September, to $2.5 billion. That puts him at No. 339 on The Forbes 400, down 64 spots from a year ago.
Blame the coronavirus, which has battered not only the president’s poll numbers but also the very industries in which he holds his biggest assets. Values for office buildings have plummeted. Same with hotels, particularly ones in big cities. Trump has significant debt against his properties in D.C. and Chicago, both of which appear to be underwater these days. Doral, his golf resort in Miami, is worth an estimated $28 million, after accounting for its mortgages, down 80% in a year.
There are some bright spots in the portfolio, including garages. Trump has about 350 parking spaces in Manhattan, a nice investment at a time when people are scared to ride the subway. He also still owns the Mar-a-Lago Club in Florida and three nearby homes—prime properties in normal times but especially now that New Yorkers are fleeing the city and driving up prices in Palm Beach.
The President’s Portfolio
New York City Real Estate
Empty offices and struggling storefronts are bad news for Manhattan’s most famous landlord.
1290 Avenue of the Americas
What he owns: 30% stake in office and retail space
Net value: $342 million
Change since 2019: DOWN $109 million
40 Wall St.
What he owns: Lease through 2059
Net value: $262 million
Change since 2019: DOWN $65 million
6 East 57th St.
What he owns: Lease through 2079
Net value: $179 million
Change since 2019: DOWN $34 million
Trump Tower
What he owns: 244,000 square feet of retail and office space
Net value: $167 million
Change since 2019: DOWN $70 million
Trump Park Avenue
What he owns: 17 condos, portion of retail space
Net value: $130 million
Change since 2019: DOWN $32 million
Trump Parc/Trump Parc East
What he owns: Garage, portion of retail and residential space
Net value: $40 million
Change since 2019: DOWN $2 million
Trump World Tower
What he owns: Commercial, garage, portion of residential space
Net value: $27 million
Change since 2019: UP $2 million
Trump Plaza
What he owns: Lease on retail, garage and portion of residential space
Net value: $18 million
Change since 2019: DOWN $8 million
Trump International
Hotel & Tower
What he owns: Retail, garage and portion of residential space
Net value: $6 million
Change since 2019: DOWN $6 million
Non-New York City Real Estate
Tech companies may be thriving, but Trump’s Silicon Valley investment—a skyscraper in downtown San Francisco—isn’t worth what it once was.
555 California St. San Francisco
What he owns: 30% stake in three-building complex
Net value: $442 million
Change since 2019: DOWN $35 million
Trump International Hotel Las Vegas
What he owns: 50% of certain hotel-condo units
Net value: $59 million
Change since 2019: DOWN $10 million
Trump Winery
Charlottesville, VA
What he owns: Estate and acreage
Net value: $30 million
Change since 2019: No change
Trump International Hotel
Washington, DC
What he owns: 77.5% stake in lease
Net value: -$2 million
Change since 2019: DOWN $66 million
Trump International Hotel & Tower Chicago
What he owns: Retail, portion of residential space
Net value: -$9 million
Change since 2019: DOWN $13 million
Golf Courses & Clubs
It’s easy to socially distance on the links, which has helped the president’s golf assets.
Ten U.S. golf clubs
Six states plus Washington, DC
Net value: $181 million
Change since 2019: DOWN $11 million
Mar-a-Lago
Palm Beach, FL
What he owns: 100% of private club
Net value: $180 million
Change since 2019: UP $10 million
Three European golf properties
Ireland and Scotland
Net value: $76 million
Change since 2019: DOWN $6 million
Trump National Doral Miami
Net value: $28 million
Change since 2019: DOWN $114 million
Undeveloped lots
Rancho Palos Verdes, CA
Net value: $12 million Change since 2019: DOWN $6 million
Brand Businesses
Trump’s product licensing business has withered away, and his hotel licensing empire continues to flounder.
Hotel management and licensing
Net value: $56 million
Change since 2019: DOWN $24 million
Cash & Personal Assets
Trump’s toys are a mixed bag. The houses in Florida have fared just fine. The penthouse in the New York? Not so much.
Cash/liquid assets
Net value: $160 million
Change since 2019: No change
Trump Tower penthouse
New York City
Net value: $45 million
Change since 2019: DOWN $9 million
Three homes
Palm Beach, FL
Net value: $29 million
Change since 2019: UP $4 million
Seven Springs private estate
Bedford, NY
Net value: $24 million
Change since 2019: No Change
Two airplanes, three helicopters
Net value: $24 million
Change since 2019: DOWN $8 million
Home
St. Martin, West Indies
Net value: $12 million
Change since 2019: DOWN $1 million
Two homes
Virginia
Net value: $1.5 million
Change since 2019: NO CHANGE
