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 up
Trump’s liabilities are related to legal fees, mostly from judgements for damages in court proceedings where he’s been found guilty, such as the E. Jean Carrol civil cases, where he was convicted in two separate matters.
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 spread bets and 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 invest in stocks and ETFs
Here's how you can get started investing in shares and ETFs:
- Expand your understanding: it's crucial to comprehend the potential upsides and downsides of share and ETF investments. Familiarise yourself with various sectors, businesses and the range of ETFs on offer
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Investing in shares or ETFs means you become a partial owner of a company or fund. Potential returns can come from increases in value and possibly dividend distributions. Past performance is no indicator of future returns.
It's important to note that all investments involve some level of risk, and your investment value can rise or fall.
For those looking for potentially higher returns and who are prepared to take on more risk, we provide leveraged trading options like spread betting and CFD trading. These products let you trade with borrowed funds, potentially magnifying both profits and losses. You never own the underlying shares like you do with investments.
Learn more about spread betting vs CFD trading
If you opt for leveraged products, it's essential to understand the risks involved and implement effective risk management techniques.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
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