KEY POINTS

  • Donald Trump was the first billionaire occupant of the Oval Office
  • He is worth over $2 billion as of 2021, per Forbes
  • He is residing at the Mar-a-Lago resort after leaving the White House on Jan. 20

Donald Trump returned to being a private citizen after his term as president ended in January. Here’s how much the former president is worth after leaving office.

The first billionaire to occupy the White House, Trump’s net worth is estimated to be $2.5 billion as of 2021, Forbes reported, down $500 million from the reported fortune he had when he took office in 2016. The majority of his wealth comes from the several properties he owns in and around midtown Manhattan in New York City, as well as some resorts and hotels under his company.

Before his bid for the presidency, Trump was ranked 121st in Forbes' list of wealthiest people in the U.S., but he's 339th in the magazine's 2020 list of richest Americans. His sons, Donald Jr. and Eric, took over the Trump Organization while he was at the White House.

The Trump name may be a familiar sight for many New Yorkers as it is plastered on several high-rise buildings. The Trump Organization manages several of them in the Big Apple, including the Trump Tower on Fifth Avenue worth over $50 million, the Trump Plaza with a value that falls between $25 million and $50 million and the 1290 Avenue of the Americas property that is valued at over $50 million, according to his final public financial disclosure form as president.

Aside from his New York City properties, Trump also has his favorite vacation home away from Washington, D.C., during his presidency. Private club Mar-a-Lago in Palm Beach, Florida, is reported to be worth over $50 million, per the financial disclosure. He is now living in the resort together with wife Melania Trump.

Trump also has several companies operating in the hospitality, financial and book publishing industries. The former "Apprentice" host further owns 17 golf courses across the world and a winery and has licensed his name to companies around the world, per Forbes.

Despite retaining his billionaire status, Trump suffered a huge setback with the pandemic devastating the hospitality and tourism industry.

Per the disclosure posted in January, revenue from the Trump International Hotel in Washington, D.C., fell from $40.5 million a year earlier to just $15.1 million. His Doral Golf Resort in Miami, Florida, also saw revenues drop from $77 million a year earlier to $44 million.

However, it was not all bad for the Trump Organization. Mar-a-Lago posted a 13% jump in revenue despite the bad year for most of the businesses under the organization. The golf resort made $24.2 million, up from $21.4 million a year earlier, per his financial disclosure.

Trump stepped down as the 45th president on Jan. 20. He flew to Florida after a short ceremony at Joint Base Andrews in Maryland where he highlighted the achievements of his presidency, The Atlantic reported.

Former US president Donald Trump had appealed to the Supreme Court to prevent his tax records from being handed to prosecutors Former US president Donald Trump had appealed to the Supreme Court to prevent his tax records from being handed to prosecutors Photo: AFP / MANDEL NGAN