Eric Trump Net Worth, Salary, Assets, Wealth

In 2024, Eric’s net worth is $350 Million. In this article, we will learn about Eric Trump’s Net Worth, Salary, Assets, and Wealth.

Eric Trump is an American businessman and former reality television presenter who is the third child and second son of former US President Donald Trump and his first wife, Ivana Trump. He holds the position of trustee and executive vice president of the Trump Organization, which he runs alongside his brother Donald Jr. Eric also served as a judge on his father’s TV show, The Apprentice. During Donald Trump’s presidency, Eric and his brother continued to invest in foreign countries and collect payments from foreign governments in their US properties, despite having made a promise not to do so.

How Much is Eric Trump’s Net Worth?

Eric’s net worth in 2024 is around $350 Million. Eric Trump is a well-known American businessman and philanthropist, who is recognized as the second son of Donald Trump. He gained prominence through his appearances on the reality show “The Apprentice” with his father. After Donald Trump’s involvement in politics and winning the 2016 US Presidential election, Eric emerged as a vocal supporter of the Trump presidency and played an active role in promoting it publicly. Apart from his political affiliations, Eric is also a successful businessman and holds a significant position in the Trump Organization.

Eric Trump has been a significant figure in the Trump Organization since 2006. He played a crucial role in the company’s purchase of several properties after the 2008 market crash when housing prices were at an all-time low. Eric’s persistence led the Trump Organization to acquire as much property as possible during this period. Presently, he serves as the executive vice president of developments and acquisitions at the organization and has been involved in several projects, including the renovation and redesign of Trump National Doral in Miami.

Due to the Covid-19 pandemic, the Trump Organization suffered a major setback in 2020. The National Doral had to furlough more than 500 employees due to quarantine protocols, and the virus caused the organization to lose an estimated $1 million per day.

The Trump Organization, led by Eric Trump, plans to shift its focus towards luxury hotel properties and stable income from office spaces. To achieve this, they reportedly have plans to sell off stakes in office towers located in New York and San Francisco. These actions have been deemed successful in helping the Trump Organization to withstand the impact of the coronavirus pandemic.

Eric Trump Salary

Over the past 20 years, Donald Jr, Ivanka, and Eric Trump have earned approximately $35 million each in salary, according to financial disclosures made by Ivanka Trump. While they do not currently have ownership stakes in most of their father’s businesses, the three siblings each own a 7.5% stake in the Trump International Hotel located in Washington D.C.

Eric Trump is not just a businessman, but also a philanthropist who is dedicated to helping others. He established the Eric Trump Foundation, which has raised over $25 million for St. Jude Children’s Hospital, where he also serves as a board member. The hospital even named a wing after him in recognition of his contributions. The foundation’s goal is to help children who are facing life-threatening illnesses.

Eric Trump’s Net Worth in the last three years

Eric Trump Wealth

Eric Trump owns a four-unit apartment in Trump Parc East, located above Central Park, and a duplex in Trump National Golf Club in Westchester County. He and his brother, Donald Trump Jr., bought a property worth $18.5 million in Mar-a-Lago resort in 2018. The purchase was made through a Limited Liability Company, with Eric Trump as the president and Donald Trump Jr. as the vice president. The property was previously owned by their aunt, Maryanne Trump Barry.

In 2004, Maryanne Trump Barry purchased a property with over 194 feet of ocean frontage for $11.5 million. The extensive property, which features a pool, a sunroom, and an expansive library, was built in 1956. Maryanne owned the property through a trust before selling it to her nephews. The property is situated directly opposite another property which is owned by their father, Donald Trump.

 

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