How much is President Donald Trump worth?
Forbes, which is known for compiling lists of the richest people on the planet said the president was worth $5.1 billion in March, far below the top person on the list: Elon Musk, with a net worth of $383.4 billion.
Forbes found 3,028 businesspeople, investors and heirs worth more than $1 billion.
This year, the U.S. has a record 902, based on stock prices and exchange rates on March 7. More than 60 of them spend time in the Palm Beach area of Florida.
Forbes said its estimates on net worth are a snapshot of wealth based on stock prices and exchange rates from March 7, 2025. “Some people become richer or poorer within days of publication,” the company said.
Never has that been truer than since Trump announced worldwide tariffs on April 2, sending stock prices plummeting.
Forbes said in March Trump’s net worth was $5.1 billion, which is more than double his net worth the year prior.
He was tied in 700th place among the world’s 3,028 billionaires, according to Forbes.
Among the assets owned by Trump and their value, as estimated by Forbes as of March 7, are:
On April 8, Forbes reported Trump’s net worth has dropped almost $500 million in the days after he announced worldwide tariffs.
“On April 2, the day Trump rolled out his plan for sweeping tariffs, Forbespegged his net worth at $4.7 billion. Less than a week later, it’s down to an estimated $4.2 billion,” Forbes reported.
Trump’s biggest loss was his Trump Media and Technology Group, which dropped 8% over the last three trading days, Forbes said on April 8. hitting its lowest price since October. That was a drop of roughly $170 million.
Commercial real estate holdings and golf properties are also losing value.
White House spokesperson Taylor Rogers said the president remains focused on the country, not his business.
“President Trump implemented tariffs on countries that have been ripping us off for years to ensure Americans are better off for generations to come,” she said in a statement.
“The president’s assets are in a trust managed by his children while he is working overtime to lead the country to economic prosperity.”
Here are the top 10 billionaires with close Florida ties in 2025. Each net worth listed is as of March 7.
At least 68 billionaires have strong residential ties to Palm Beach — and their combined wealth tops $620 billion, according to an exclusive Palm Beach Daily News analysis of the latest list of the world’s richest people from Forbes.com.
➤ Palm Beach now home to 68 of the world’s billionaires, says our look at 2025 Forbes data
Leading the list was Julia Koch and her family, with an estimated net worth of $74.2 billion, up from $64.3 billion a year ago. Her late husband, David Koch of Koch Industries, had for years been identified as Palm Beach’s wealthiest billionaire until his death in 2019.
The top five billionaires in Palm Beach were:
Contributing: C.A. Bridges, USA Today Network-Florida; Darrell Hofheinz, Palm Beach Daily News
How much is President Trump worth? Has he been impacted by tariffs? What to know – Winter Haven News Chief
