According to a Forbes report last month, he has an estimated net worth of $2.6 billion – but Donald Trump’s wealth is offset by $200 million worth of debt from his portfolio of luxury properties, resorts and golf courses.
And just like their famous father, Don Jr., 45, Eric, 39, and Ivanka Trump, 42, have followed suit, taking out huge loans to invest in their own fancy mansions and properties.
can reveal that the three eldest Trump siblings took out huge mortgages totaling over $22 million almost simultaneously two years ago.
The heavy investments came as the family left New York and began to set foot in Florida – where Trump moved after losing the 2020 presidential election.
can reveal that Ivanka Trump and Jared Kushner took out a $15 million mortgage on their $24 million fixer-upper in April 2021, a few months after moving from Washington, DC to Miami. Upper on Indian Creek Island. The couple’s monthly payment on their home loan is around $111,000
Miami Beach’s exclusive Indian Creek Island is known as the “billionaire’s bunker.” The couple spent two years and spared no expense gutting and redesigning their new home, which features six bedrooms and eight and a half bathrooms
In October, Jared and Ivanka finally moved into their newly renovated villa with their three children, Arabella, Joseph and Theodore.
And now can reveal that Ivanka and husband Jared Kushner took out the highest mortgage of any of the Trump children on their new Florida home.
The couple borrowed $15 million for the $24 million property they purchased in April 2021 on Miami Beach’s exclusive Indian Creek Island, known as the “Billionaire Bunker.”
The home loan was obtained from Bank of America through an LLC affiliated with Kushner’s general counsel Christopher Smith.
The contract has a term of 15 years and would have carried a market interest rate of 3 percent at that time, which corresponds to a payment of about $111,000 per month.
Trump and Kushner, both 42, took more than two years and spared no expense gutting and redesigning their new residence, which has six bedrooms and eight and a half bathrooms.
The extensive renovation project on the 1.3-acre estate was finally completed last month, just in time for Ivanka to celebrate her 42nd birthday with a dinner party at the palatial property.
Donald Trump Jr. and his girlfriend Kimberly Guilfoyle took out a $4.8 million mortgage on the 11,000-square-foot mansion in the exclusive Admirals Cove community in Jupiter in March 2021 for $9.7 million
The home loan for the six-bedroom, 11-bathroom mansion was taken out from Valley National Bank for 30 years and amounts to about $29,500 per month, plus property taxes
The political power couple joins the list of rich and famous residents of Admirals Cove, just 20 miles from Mar-a-Lago
New aerial photos of the resort-like property show the expansive sundeck where you can enjoy the balmy Florida heat year-round.
Wealthy residents of the private, 300-acre Indian Creek Island include retired NFL legend Tom Brady and, most recently, Amazon’s Jeff Bezos, who in the last three months bought two neighboring mansions for $79 million and $68 million bought.
There are 34 houses on the island, around 42 residents and its own private 13-member police force that guards the only bridge to enter and exit the property, as well as a 24-hour marine patrol.
About 85 miles north on Florida’s east coast, Ivanka’s older brother Donald Trump Jr., 45, and his fiancée Kimberly Guilfoyle, 54, snapped up a $9.7 million apartment in the celebrity enclave of Jupiter in March 2021 numerous sports stars such as Tiger Woods and Serena Williams.
Documents obtained by show the couple took out a $4.8 million mortgage on the property.
The home loan is for 30 years with Valley National Bank, with interest at 3.25 percent for the first 20 years before increasing to the federal funds rate. That’s about $29,500 per month plus property taxes.
Younger brother Eric, 39, and his wife Lara, 41, also purchased a $3.2 million property in Jupiter near his older brother in March 2021
The couple’s $2.4 million, 30-year mortgage from Valley National Bank comes to just over $10,000 a month, plus taxes. The 7,715-square-foot home has five bedrooms and five bathrooms and is located within his father’s gated Trump National Golf Club
Just like his older siblings, Eric lived primarily in New York before he and his wife Lara followed his family to Florida in March 2022 (pictured in April 2023).
Eric and Lara Trump’s $2.4 million mortgage
Located in the exclusive Admirals Cove gated community, 20 minutes from his father’s primary residence at Mar-a-Lago, the 11,000-square-foot mansion features six bedrooms, 11 bathrooms, a pool, gym and game room.
Meanwhile, younger sibling Eric, 39, and his wife Lara, 41, purchased a $3.2 million property, also in Jupiter, in March 2021. It comes with a $2.4 million mortgage from Valley National Bank.
Like Donald Jr., his mortgage is for more than 30 years, initially at an interest rate of 3.125 percent for 20 years, then at the federal funds rate. That equates to just over $10,000 per month plus taxes.
The 7,715-square-foot home has five bedrooms and five bathrooms and is located within his father’s gated Trump National Golf Club.
The only adult sibling who hasn’t made any real estate investments in Florida is Tiffany, 30 – Trump’s daughter from his second marriage to Marla Maples.
She was reportedly house hunting in Miami Beach a few years ago, but it’s not clear if she ever made a purchase. she married