Trump international hotel washington, d.c.
What he owns: 77% stake in ground lease through 2075
total value: $238 million
debt: $170 million (est.) net value: $52 million Change vs. 2016:
To Trump fans, it’s a reminder of the president’s business acumen. To his detractors, it’s the center of the swamp. Either way, the hotel on Pennsylvania Avenue, which opened in October 2016, made $2 million in profit in its first four months this year, far exceeding the Trump Organization’s expectations. That helped push up its overall value. But the net value of Trump’s stake has decreased since last year because he apparently drew down the remaining $45 million portion of a $170 million credit line used for hotel construction. Forbes also excluded from our estimates the roughly 23% stake that his children Ivanka, Don Jr. and Eric own.