What's in Donald Trump's investment portfolio?
Donald Trump was a well-known billionaire long before his US-presidency; he’s featured in Forbes’ most-wealthy list for most of the past decade. Ever wondered what’s in his investment portfolio? Let’s find out.
Donald Trump, the former US-president and property mogul, is currently running in the US presidential race against Kamala Harris.
He’s the founder of the Trump Organization, a private holding company for most of Trump’s business ventures and investments. It offers a selection of luxury real estate around the US and internationally, including commercial and residential property, golf courses, hotels, estates and shops.
Because the Trump Organization is a private company, it doesn’t have to report its earnings in as much detail as public companies do. It’s, therefore, difficult to estimate Trump’s true wealth and what he’s invested in as this information isn’t freely available.
Having said that, in August of this year, Trump was legally required to release a financial disclosure document as part of his presidential candidacy. The 250-page report contains the details of hundreds of investments, which would ordinarily enable analysts to see where his wealth lies. However, he wasn’t under obligation to provide specific figures for those investments (eg some estimates range from $1 million to $5 million) ,1 so it’s impossible to tell exactly what and how much he’s invested in.
How much is Donald Trump worth?
According to a Forbes estimate in May 2024, Donald Trump is worth $7.5 billion. However, following the release of the August disclosure document, Forbes places his net worth at $4.2 billion.2 The publication doesn’t explain how it came to this latter figure.
Trump amassed his wealth through real estate originally, getting his start when his father lent him $1 million. He later delved into reality TV, pro wrestling, books and more recently, the Greenwood Bible.
What's in Donald Trump's investment portfolio?
Trump’s portfolio comprises a diverse mix of assets, including stocks, property, crypto, bonds, US Treasuries and money-market funds.3 However, the bulk of his wealth is invested in the company Trump Media & Technology Group, which owns the social media network, Truth Social.
Even with his most recent financial disclosure documents, the most accurate estimates we have on his investment portfolio are from reports from earlier this year.
With this in mind, we’ve based our findings on the August financial disclosure document, as well as the report from Forbes in May 2024 on Trump’s net worth and investments. The percentages, therefore, don’t total to 100% exactly, but to between 101.48% and 108.2%.
Here’s how Trump’s portfolio stacks up2,3,4,5,6,7
What's the risk-reward balance of Trump's portfolio?
Trump's portfolio risk is relatively high , even though around 9% of his portfolio comprises ‘safe haven’ investments in bonds, Treasuries and the like. IG analyst, Axel Rudolph, reported in August 2024 that Trump Media & Technology shares have been in freefall for months, having dropped around 70% from their post-Digital World Acquisition Corporation merger in March of this year.
Considering the bulk of Trump’s portfolio is made up of Trump Media & Technology shares, he is skewed towards more risk than reward.
Investments are generally thought to be safer than leveraged products, like CFDs, with which you can take a position whether the market is moving up or down. However, investments can lead to you getting back less than you put in.
How does Trump's portfolio compare to Kamala Harris's?
Trump’s investments are different to Kamala Harris’s portfolio as his are riskier. Her selection comprises mostly retirement funds, ETFs and mutual funds – typically considered to be more passive and ‘safer’ choices. Unlike Trump, Harris has no money in individual stocks.
How to trade share CFDs
Here's how you can get started trading share CFDs:
1. Expand your understanding: it's crucial to comprehend the potential upsides and downsides of share CFD trading. Familiarise yourself with various sectors, businesses and the range of shares on offer
2. Create your trading account: to start trading, you'll need to open a share CFD trading account. Our user-friendly platform provides access to a wide array of financial products
3. Perform due diligence: use our sophisticated market analysis tools to find shares that align with your trading goals and risk tolerance
4. Choose your trading amount: select how much you’re willing to trade and in which direction (up or down)
5. Make your trade: once you've made your decision, use our platform to take your position
CFD trading lets you trade with borrowed funds, potentially magnifying both profits and losses, and you never own the underlying shares.
If you opt for leveraged products, it's essential to understand the risks involved and implement effective risk management techniques.
IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.
The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
Please see important Research Disclaimer.
Think election opportunity ended 3 November?
The polls have closed, Joe Biden has won, but markets are still moving:
- Trade CFDs on EUR/USD, Wall Street and Spot Gold 24/5
- Set price alerts for significant movements
- Get trading tips on our election hub
One election. Two candidates. Countless opportunities
Be ready to trade election volatility:
- Take your pick of 17,000+ CFD markets including EUR/USD, Wall Street and Spot Gold
- Take positions with our unrivalled out-of-hours offering
- React to volatility with fast, reliable technology on desktop and app
There aren’t two choices in this election, there are 17,000
In the vote, there are two possible outcomes – in the markets there are thousands. Be ready to navigate opportunity:
- Trade CFDs on EUR/USD, Wall Street and Spot Gold 24/5
- Set price alerts for significant movements
- Get trading tips on our election hub
