Ivanka Trump has an estimated net worth of around $250 - $350 million.
Ivanka Trump's net worth stats
|Net worth:||$250 - 350 million|
|Source of wealth:||Inheritance, real estate, salary|
|Date of birth:||October 30, 1981|
|Place of birth:||Manhattan, New York City|
Ivana Marie Trump, nicknamed Ivanka, was born in Manhattan, New York City, on October 30, 1981. She is the second child of Ivana and Donald Trump. Her parents divorced when Ivanka was ten years old, in 1992.
Ivanka has two brothers, Donald Trump Junior and Eric, as well as a half-sister, Tiffany, and a half-brother, Barron, all through her father.
Ivanka Trump graduated from the Choate Rosemary Hall boarding school in Wallingford, Connecticut, in 2000. She attended Georgetown University for two years and transferred to the Wharton School of the University of Pennsylvania, from which she graduated in 2004 with a B.A. in economics.
During her boarding school days, Trump modeled on holidays and weekends for several brands, including Tommy Hilfiger, Versace, Sasson Jeans, Marc Bouwer, and Thierry Mugler.
Ivanka is married to Jared Kushner, a wealthy New York City real estate developer. They have three children together.
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How did Ivanka Trump build her net worth?
Although Ivanka has lived a life of privilege, this did not stop her from working hard to increase her wealth.
Ivanka Trump reported in 2018 that she owned $55 million worth of assets and $5 million in earnings from a trust of $50 million and another $3.9 million from her 7.5% stake in the Trump International Hotel in Washington, D.C. She also had a salary of around $35 million for her work in the Trump Organization, the family business. Her own clothing and fashion line launched in 2011, generating an average of $8 to $12 million per year for her.
Ivanka has had minor roles in several films and was a regular speaker on the society circuit. She worked as a project manager under Bruce Ratner and used that experience to set herself up as a business power player. In 2007, she and her brothers founded Trump Hotels, which manages Trump-branded hotels and golf courses.
She became a published author in 2009 and again in 2017 with the publication of "The Trump Card: Playing to Win in Work and Life" and "Women Who Work: Rewriting the Rules for Success," which was a New York Times best-seller.
Trump worked as an unpaid advisor for her father during his tenure as the 45th President of the United States. Since his departure from office, Ivanka Trump has returned to managing her business and real estate portfolio.
Her net worth, when combined with that of her husband, amounts to $800 million.
Financial disclosures from 2017 show that Kushner and Ivanka Trump are beneficiaries of a $740 million real estate and investment business.
I make money because I have to pay for everything apart from my school fees. My mother even makes me pay my own telephone bill. ~Ivanka Trump
How has Ivanka Trump spent her wealth?
In December 2020, Ivanka Trump and Jared Kushner bought an undeveloped 1.8-acre ocean-front property on the exclusive private island of Indian Creek in Miami for $30 million. Other residents of the island include Beyonce and Jay-Z, Eddie Lampert the billionaire hedge fund manager, supermodel Adriana Lima and NFL coach Don Shula.
Ivanka Trump's starter home, a two-bedroom, two-bathroom apartment worth $1.5 million, was bought from money gifted to her by her grandparents. When it was put up for sale in 2016, there were no buyers for the asking price of $4.1 million. Trump rented it out instead, raking in $15,000 a month.
The DC mansion in which Ivanka Trump and family lived during her father's time at the Whitehouse was a rented 7,699-square-foot, six-bedroom, six-and-a-half-bathroom home designed in 1923 by distinguished architect Waddy Wood.
Needless to say, Ivanka Trump used some of her inherited money to set up her own fashion business, which delivered significant profits over its lifetime.
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How rich is Ivanka Trump?
Ivanka Trump is estimated to have a net worth of around $250 - 350 million.
Is Ivanka Trump a millionaire?
Yes. Ivanka Trump is a millionaire.
Was Ivanka Trump born rich?
Yes, she was born into the wealthy Trump family. However, her current wealth comes mostly from her own work.