Trump’s Net Worth in 2026: What He Owns, What He Owes — and What Changed
Written by
Dawn Allcot
Edited by
Kristen Mae
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President Donald Trump made a lot of promises to the American people, from slowing inflation to putting large refund checks in people’s pockets when tariffs started paying off for the U.S. economy. But how has the first year in office of his second (nonconsecutive) term benefited his own balance sheet?
Between 2024, when Trump was still campaigning, and September 2025, Trump’s net worth reportedly ballooned from $4.3 billion to $7.3 billion, according to Forbes. He jumped 118 spots on the Forbes 400 list of wealthiest Americans, landing at No. 201. His real-time net worth in the winter of 2026 is $6.5 billion, according to the Forbes list.
Forbes reported that Trump holds $1.1 billion in liabilities and $8.4 billion in assets, but only $1.1 billion in liquid assets. Stocks, bonds and crypto fluctuate with the market, so $6 or $7 billion today could be substantially less (or more) next week. How did Trump virtually double his net worth in roughly one year?
Cryptocurrency
Forbes cited Trump’s cryptocurrency investments as “his primary vehicle for enrichment.” His World Liberty Financial venture, which he launched just before winning the White House, earned $1.4 billion through the sale of tokens, of which the Trump family entity earned roughly 75% of that revenue. Days before taking office, Trump launched and sold a memecoin, which Forbes reported earned him roughly $710 million.
Real Estate
Trump has long been branded a real estate mogul, but his business stalled out in the early 2000s. In 2024, Trump inked several foreign real estate investment deals, boosting revenue to $45 million, a 580% increase, according to Forbes. His golf courses and resorts also bounced back, boosting his net worth by another $325 million.
In January 2026, the Trump family office announced a $7 billion real estate project in Saudi Arabia, focused on a hotel, golf course, and luxury homes in the historic city of Diriyah, People reported.
Trump denied any involvement in the dealings, however, saying in a video posted to X, “I have nothing to do with the family business. What my family does is fine. They do business all over.”
Whether the project will be profitable and add to the Trump family’s net worth remains to be seen. However, the wealth he amassed in the past year as president allowed Trump to pay off several real estate properties to boost his net worth. According to Forbes, Trump paid off $114 million in debt on 40 Wall Street, a 72-story skyscraper where he holds the ground lease. Curbed reported Trump pays rent to the Hinneberg family of Germany. He also paid off roughly $15 million on other real estate properties in New York and Florida, according to Forbes.
Social Media
Trump Media and Technology Group, parent company of the Truth Social platform, was worth an estimated $2 billion in late 2025, Forbes reported. This was after taking a net loss of $401 million in 2024, with sales of only $3.6 million.
Critics have noted that valuations of Trump Media stock are driven more by investor speculation than operating performance, and the stock price, like other assets, can be volatile.
Royalties and Licensing
Capitalizing on his position as President of the United States, Trump launched several licensing deals in 2025 that helped boost his bottom line. According to a financial disclosure form reported by Time.com, he earned more than $10 million from the sale of Bibles, guitars, watches, sneakers and fragrances.
Editor’s note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on GOBankingRates.com.
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