Is Trump Tower the Most Valuable of the Donald Trump Properties?
Donald Trump claims to be the best at everything he does. Whether or not that’s true, you have to give him credit for one thing: He’s a very successful real estate investor.
It seems like half of all big New York City buildings have Trump’s name on them, but that’s not the case. It’s more like a quarter of all buildings. (Just kidding). All joking aside, several Donald Trump properties are worth millions or billions of dollars. Believe it or not, Trump Tower isn’t the most valuable.
What are the most valuable Donald Trump properties?
Hotels, condo buildings, private clubs, vineyards, and Trump-branded golf courses are all among The Trump Organization real estate holdings. Two buildings on the east and west coasts top $1 billion in value each, and the worth of the president’s ownership stakes in his six most valuable buildings surpasses $1.65 billion, according to GoBankingRates.
6. Mar-A-Lago, Palm Beach, Florida
Value: $150 million
What’s inside: Talk about a return on investment. Trump purchased Mar-A-Lago, a former presidential getaway spot, for $5 million in 1985 and turned it into a private club. It’s his favorite vacation spot, and it’s worth $150 now, 30 times what he paid for it.
5. Trump International Hotel, Las Vegas
Value: $156 million
What’s inside: One-hundred thirty-two rooms sit inside the 64-story building in the heart of Las Vegas. The president owns roughly half the building, which comes out to $78 million, making one of the most valuable of all the Donald Trump properties.
4. Trump International Hotel, Washington, D.C.
Value: $229 million
What’s inside: As the name suggests, it’s a hotel. It opened in September 2016, so it’s one of the newer properties in the Trump Organization real estate portfolio. The hotel is a go-to destination for visiting foreign dignitaries, and it’s one of the ways Trump cashes in on his presidency. He owns the building outright.
3. Trump Tower, New York City
Value: $471 million
What’s inside: The attempted tax-dodging, lost historical artwork, and famous Starbucks are among the secrets of Trump Tower. What’s not a secret is that the president owns close to 100% of the building that houses apartments, offices, and the headquarters for the Trump Organization and its businesses.
2. 555 California Street, San Francisco
Value: $1.6 billion
What’s inside: The 52-story building is strictly for business, and several big companies have offices inside. Trump’s ownership stake of the building comes in at $317 million.
1. 1290 Avenue of the Americas, New York City
Value: $2.31 billion
What’s inside: A 43-story mixed-use building with office and retail space. Trump doesn’t own the entire building. His stake is worth $409 million.
Trump properties in Europe, India, Canada, South America, and the Middle East add to his sprawling real estate empire, according to Time.
What other property do Donald Trump and his family own?
Hotels and office buildings aren’t the only valuable Donald Trump properties and possessions.
A 1936 Rolls-Royce, 2003 Mercedes Benz SLR McLaren, and an Indianapolis 500 pace car are all part of Donald Trump’s stunning car collection.
The president also spent his fortune on a helicopter and Boeing 757, both with solid gold trim. Both of those high-end vehicles are collecting dust now that he has access to the Marine One helicopter and Air Force One.
A Caribbean mansion is one of the many lavish homes Donald Trump and his family own. However, he’s been trying (unsuccessfully) to sell the deluxe estate for $17 million. Trump’s children own expensive properties in New York City and Washington, D.C., and their father purchased a sprawling property in Bedford, New York, in 1996 as a family retreat.
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