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Donald Trump is the first billionaire to serve as president of the United States — here's how he spends his $3.1 billion fortune, from his 24-karat gold-plated helicopter to the $350,000 in annual alimony to his first wife

Katie Canales

January 16, 2019 3:48 PM

donald trump president

donald trump president

Donald Trump , with a net worth of $3.1 billion according to Forbes , is the first billionaire in history to serve as president of the United States.
From his New York real estate to his golf clubs around the world, he rakes in millions of dollars of revenue annually.
Here's how Trump spends his fortune.

Donald Trump is worth an estimated $3.1 billion, according to Forbes , making him the first billionaire in US history to serve as president.

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From emblazoning a private helicopter in 24-karat gold, right down to the seatbelts, to a 100-cabin yacht dubbed "Trump Princess," here's how the real-estate titan spends his fortune.

Forbes currently estimates Donald Trumps net worth to be $3.1 billion, a $400 million drop since he took presidential office in January 2017.

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Win McNamee/Getty Images

Source: Forbes

During his presidential campaign, Trump claimed he had a net worth of $10 billion three times as much as it really was.

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Matt York/AP

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Source: Business Insider and Time

Still, hes made history as the first billionaire to serve as President of the United States.

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Evan Vucci/AP

Source: Time

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Trumps finances are supplemented annually by a variety of sources.

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Rogelio V. Solis/AP

Source: Forbes

Between January 2016 though the spring of 2017, Trump raked in anywhere from $597,396,914 to $667,811,903, according to a public financial disclosure report.

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Paul Kitagaki Jr.-Pool/Getty Images

Source: Business Insider

While running for the presidency, Trump emptied out $66 million from his own pockets to fund his campaign, according to campaign finance disclosures examined by Reuters.

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Scott Olson/Getty Images

Source: Business Insider

Now as president, he also earns about $400,000 a year, which he has so far donated to the Department of Education, the Department of Interior, and the Department of Health and Human Services.

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Mark Wilson/Getty Images

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Source: Time

His presidential salary is a drop in the bucket compared to the rest of his income.

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Joe Raedle/Getty Images

Revenue from New York City real estate alone accounts for $1.5 billion of his net worth, according to Forbes.

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Spencer Platt/Getty Images

Source: Forbes

Sales from Central Park Carousel admission and ice skating rink operations combined add up to more than $13,000,000 in revenue.

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Spencer Platt/Getty Images

Source: Business Insider and Center for Responsible Politics

And $170 million of his total net worth is generated from the Trump brand and licensing alone.

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Drew Angerer/Getty Images

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Source: Forbes

Hundreds of millions of dollars more are generated from golf clubs and real estate outside of New York City.

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Jeff J Mitchell/Getty Images

Source: Forbes

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His exclusive private Mar-a-Lago club in Palm Beach, for example, is valued at $160 million.

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Joe Raedle/Getty Images

Source: Forbes

It became even more exclusive after Trump became president. You now need to shell out $200,000 for initiation fees to join, up from $100,000 from before the election.

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Joe Raedle/Getty Images

Source: Forbes

But among the perks afforded to you are 58 bedrooms, 33 bathrooms, 12 fireplaces, and 3 bomb shelters.

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Joe Raedle/Getty Images

Source: Business Insider

In 2011, Trump doled out $6.2 million for a winery and vineyard in Charlottesville, Virginia. He later sold it to his eldest son, Eric. The property is known as Trump Vineyard Estates.

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Hollis Johnson

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Read more about what it's like to go to Trump Vineyard Estates.

Source: The Washington Post

As far as his cash and personal assets go, they account for $320 million of his net worth, according to Forbes.

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Peter Kramer/Getty Images

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Source: Forbes

That includes his massive personal aircraft fleet, which he used to travel during his election campaign.

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Source: The New York Times

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Trump reportedly bought a Boeing 727 in 2010 from Microsoft co-founder Paul Allen for $100 million.

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Source: Business Insider and The New York Times

According to the New York Times, the aircraft burns fuel at a rate of thousands of dollars an hour.

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Chip Somodevilla/Getty Images

Source: The New York Times

He also owns a Cessna, a jet known for its low operating costs and high performance.

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John Locher/AP

Source: Jet Advisors

It was reportedly worth $15.3 million bought new and $3.2 million secondhand in 2016.

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Andrew Harnik/AP

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Source: The New York Times and Business Insider

He also owns three Sikorsky S-76s, helicopters known for their ease-of-use.

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Jan Kruger/Getty Images

Source: The New York Times and Wired

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Previously-owned Sikorsky S-76s usually sell for $5 million to $7 million.

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Jeff J Mitchell/Getty Images

Source: The New York Times and Wired

With his most recently purchased S-76, Trump had the whole interior gutted and redone with 24-karat gold-plated hardware, from the seat belts and handles to his family crest emblazoned on the side of the aircraft.

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YouTube/CNBC

Source: The New York Times and Wired

All of the gold embossment cost Trump an estimated $750,000.

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YouTube/CNBC

Source: CNBC and Business Insider

Hes also indulged in road travel.

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Chip Somodevilla/Getty Images

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He reportedly owns a vintage Rolls-Royce Silver Cloud ...

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Matt Cardy/Getty Images

Source: The Washington Post and Business Insider

... a Rolls-Royce Phantom, which starts at $500,000 ...

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Scott Olson/Getty Images

Source: The Washington Post and Business Insider

... a Ferrari ...

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Scott Olson/Getty Images

Source: The Washington Post and Business Insider

... a Mercedes-Benz 3600, and a Maybach.

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Harold Cunningham/Getty Images

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Source: The Washington Post and Business Insider

He also reportedly bought First Lady Melania a $455,000 SLR McLaren.

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Bryan Mitchell/Getty Images

Source: The Washington Post and Business Insider

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Trump also shelled out $30 million for a 100-cabin yacht in the 1980s and called it "Trump Princess."

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Marty Lederhandler/AP

Source: Cheatsheet

Trump has a penchant for suits made by Italian brand Brioni, a clothing line found in the closets of many a powerful CEO and celebrity.

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Win McNamee/Getty Images

Source: Business Insider and Business of Fashion and Barron's

The luxurious suits sell for anywhere between $5,250 and $6,900.

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Win McNamee/Getty Images

Source: Business Insider and Business of Fashion

During his tenure on the reality show "The Apprentice," Brioni supplied Trump with suits to wear on air, but while campaigning, he started paying for them himself.

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YouTube/New York Magazine

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Source: Business Insider and Business of Fashion

Trumps assets also include a number of personal residences.

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Joe Raedle/Getty Images

Source: Forbes

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His three homes near Mar-a-Lago in Palm Beach, Florida, are valued at $36 million.

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Chip Somodevilla/Getty Images

Source: Forbes

His Beverly Hills, California, home is worth $13 million.

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Flickr/Annie Mole

Source: Forbes

And Trumps St. Martin island abode in the West Indies is valued at $15 million.

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Sean Pavone/Shutterstock

Source: Forbes

Trump purchased the St. Martin property in 2013 for an undisclosed price before listing it for sale four years later for $28 million.

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Mark Wilson/Getty Images

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Source: Forbes

It saw a price gouge since Trump was sworn into office, due to potential buyers wishing to avoid the publicity that would come with purchasing the property, according to local real estate brokers.

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Win McNamee/Getty Images

Source: Forbes

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Over on the East Coast, Trumps Seven Springs private estate in Bedford, New York, is valued at $30 million. He bought it in 1996 for a reported $7.5 million.

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Craig Ruttle/AP

Source: Forbes

And then theres the Trump Tower Penthouse in the heart of Manhattan valued at $57 million.

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Spencer Platt/Getty Images

Source: Forbes

Thats a steep drop from its 2016 valuation of $100 million.

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Peter Kramer/Getty Images

Source: Travel + Leisure

The penthouse is adorned in 24-karat gold and marble a la King Louis XIV.

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Source: Travel and Leisure

Even the drinking glasses are rimmed in gold.

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Source: Travel + Leisure

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Trump also covers his childrens schooling.

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Zach Gibson-Pool/Getty Images

Source: Cheatsheet and Business Insider

Barrons tuition at New Yorks Columbia Grammar and Preparatory School was $40,000 a year.

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Chip Somodevilla/Getty Images

Source: Cheatsheet and Business Insider

When Trumps election brought his family and Barron to Washington DC, Barron transferred to St. Andrews Episcopal School in Maryland. The tuition there also costs about $40,000 a year.

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Patrick Smith/Getty Images

Source: Cheatsheet and Business Insider

He also reportedly pays Tiffanys way through college and grad school. She currently attends Georgetown Law School, which costs upwards of $58,000.

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Alex Wong/Getty Images

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Source: Cheatsheet

His divorce with first wife Ivana also cost Trump a pretty penny.

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Adam Scull/PHOTOlink.net /MediaPunch /IPX

Source: Cheatsheet

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She not only received the initial $10 million from the divorce settlement, but also the 45-room mansion in Greenwich, Connecticut, that the couple shared ...

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John Barrett/Photolink/MediaPunch /IPX

Source: Cheatsheet

... an apartment in Trump Plaza ...

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Gabe Palacio/ImageDirect

Source: Cheatsheet

... $300,000 a year in child support ...

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AP

Source: Cheatsheet

... and annual alimony of $350,000.

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Dave Kotinsky/Getty Images

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Source: Cheatsheet

Theres some speculation about exactly how much Trump has donated to philanthropic causes, but he did donate $1 million of his own money to Hurricane Harvey relief efforts in 2017.

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Win McNamee/Getty Images

Source: Business Insider and The New Yorker

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See Also:

SEE ALSO: Bill Gates is worth $95 billion and he plans to give most of it away here's how he spends his money now, from a luxury car collection to incredible real estate

DON'T MISS: From a 58-bedroom estate to a helicopter fleet, here's how the Trump family spends their billions

Katie Canales

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