Here's How Much The Trump Family Is Really Worth

If there is one name synonymous with wealth, lavish lifestyles, and hotel properties, it's Trump. For decades, Donald Trump projected his name onto casinos and golf courses, and, in doing so, he secured the reputation of a rich businessman. But the Trumps probably aren't worth as much as you think.

When Donald Trump was expanding his real estate career, he reportedly borrowed money from his father and his future inheritance. In a 2007 deposition, Donald fessed up and admitted that he had borrowed more than $9 million from his inheritance to save him from financial disaster. And we think it's hard to ask our parents for a little bit of grocery money.

As reported by The Washington Post, Fred Christ Trump — Donald's father — was one of the wealthiest men in America because of his middle-class apartment buildings in Queens and Brooklyn. He tasked his son with expanding the family's interests in Manhattan.

In the 1970s, The New York Times wrote a glowing profile of Trump, where he said — on the record — that he was worth $200 million.

According to Trump's finances, examined by the Casino Control Commission in 1981, he had a salaried income of about $76,000 in 1975. The following year, he reportedly made $25,000, and in 1977, he made about $118,000. And not dissimilar to his tax tactics later on in his career, Trump managed not to pay income taxes in both 1978 and 1979.

Looking back, Trump's claim that he was worth so many millions was pretty absurd. He was only 30 at the time, and given that he still worked as an officer for his father's business, the claim doesn't seem likely.

Still, he told Newsweek in 1987, quote, "there is no one my age who has accomplished more." But as reported by The New York Times, when Donald was telling anyone who could listen that he was sitting on a pile of cash, his businesses were reportedly suffering.

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Borrowing millions | 0:00
Exaggerated claims | 1:03
Real estate career | 2:38
In debt to dad | 3:24
Melania's net worth | 4:48
Ivanka Trump's brand plummeted | 5:45
Donald Trump Jr.'s investments | 6:53
Eric Trump's business stakes | 7:57
Tiffany Trump's worth | 9:01
War with the IRS | 9:48

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