Donald Trump's Real Estate: What the 47th US President Really Owns

After the elections, the figure of the newly re-elected President Donald Trump has been attracting increasing attention. This is hardly surprising, as he is not a representative of the so-called “Deep State,” where political careers are often inherited.

Trump entered politics from the business world. His father, one of the largest real estate developers in the U.S., built a multimillion-dollar empire in construction. Donald inherited this empire and made it the foundation of his wealth.
Therefore, it is no surprise that his assets range from the legendary Trump Tower in New York to elite golf clubs in Scotland and Florida. He owns some properties fully, while he is a shareholder in others.

In this review, we will take a closer look at Donald Trump’s real estate portfolio and determine whether all properties bearing his name actually belong to him.

Not Every Object Named Trump Belongs to Donald

“Trump” is not just a surname—it is a brand, and like any brand, it can be sold. However, reputation is paramount, and not just anyone can name their property after him. Before signing a licensing agreement, the Trump Organization conducts due diligence on potential partners, assessing their financial stability and past projects.

If a project meets the required quality standards, the developer pays a licensing fee and receives the right to use the name of the current U.S. president. For example, the “Trump World” project in Seoul was granted its name after a $5 million payment. However, this does not mean that Donald Trump owns or manages the property.

What Does Donald Trump Own?

Mar-a-Lago (Palm Beach, Florida)

This luxurious oceanfront estate serves as both a private club and Donald Trump’s residence. He lives here and hosts exclusive events for wealthy clients. Trump purchased Mar-a-Lago for $10 million, and today, its estimated value is $292 million (according to Forbes).

Membership in this private club requires a $200,000 initiation fee, along with an annual fee of $14,000. Members gain access to private beaches, pools, tennis courts, a spa, and restaurants. The estate even features a gold-plated dining room, with walls covered in 24-karat gold.

Source: maralagoclub.com

Trump National Doral Miami (Miami, Florida)

Trump also owns the Trump National Doral Miami resort, which includes a golf course that hosts both professional and amateur tournaments. One of its most famous courses, the “Blue Monster”, has previously hosted PGA Tour events.

The resort boasts four golf courses, 643 hotel rooms, pools, restaurants, and conference halls. Trump acquired the property for $150 million and later invested in renovations. Thanks to these upgrades, Doral Miami generates approximately $80 million in net profit annually.

Source: trumpgolfdoral.com

The Trump Building (40 Wall Street, New York)

Located in Manhattan’s financial district, The Trump Building is a landmark Art Deco skyscraper built in 1930. Originally used as a Manhattan Bank branch, Trump purchased the building in 1995 and renovated it, transforming it into a Class A office space.

Source: 40wallstreet.com

Trump Park Avenue (New York)

This luxury residential complex at 502 Park Avenue became part of Trump’s portfolio in 2021 at a purchase price of $115 million. The 32-story building houses 120 high-end condominiums and 8 penthouses, many of which offer stunning views of Central Park.

Source: 502parkavenue.com

Trump International Hotel Las Vegas

A 64-story hotel, this project was developed by Trump in partnership with the owner of Treasure Island Casino. Construction began in 2005 and was completed in early 2008. The hotel features 1,282 rooms, restaurants, a spa, and pools, but does not include a casino or any gambling facilities.

Source: trumphotels

Trump Winery (Charlottesville, Virginia) 

In 2011, Trump purchased 1,300 acres of land and a winery for $8.5 million. Now called Trump Winery, it has become the largest vineyard on the East Coast of the U.S.. The estate produces over 60,000 cases of wine and cider annually.

Source: trumpwinery.com

Real Estate Where Trump Owns a Stake

Trump Tower (New York)

The 58-story Trump Tower was built in partnership with Equitable Life Assurance Company, but Trump only owns the top two floors and office spaces on the 25th and 26th floors.

Source: 721fifth.com

1290 Avenue of the Americas (New York)

This 43-story skyscraper in the heart of Manhattan is partially owned by Trump, who holds a one-third stake in the property. The building is valued at approximately $2 billion, according to various estimates.

Source: vno

Trump International Hotel & Tower Chicago

The 98-story skyscraper in downtown Chicago also partially belongs to Trump. He owns the hotel and commercial spaces (restaurants and spa), as well as a portion of the residential condominiums. The exact percentage of Trump’s stake has not been publicly disclosed. During construction, Donald had to take out a $770 million loan to finance the project.

Source: trumphotels

Donald Trump’s real estate portfolio is not limited to skyscrapers and hotels. His empire also includes an extensive network of golf clubs scattered around the world. For example, Trump International Golf Links in Aberdeen (Scotland), opened in 2012, or Trump International Golf Club in Dubai (UAE), built in partnership with local developers and launched in 2017.

All of this aligns perfectly with the image of a real estate magnate that Trump has cultivated for decades. While his ownership is sometimes limited to shares or complicated by debts, the scale and diversity of his assets speak for themselves.