He has an estimated net worth of $2.6 billion according to a Forbes report last month — but Donald Trump’s fortune is up against $200 million in debt from his portfolio of luxury real estate, resorts and golf courses.
And just like their famous father, Don Jr., 45, Eric, 39, and Ivanka Trump, 42, have followed suit by taking out huge loans to invest in their own chic mansions and properties.
DailyMail.com can reveal that Trump’s three eldest siblings took out huge mortgages, all at almost the same time two years ago, totaling more than $22 million.
The hefty investments came as the family left New York and began settling in Florida – where Trump moved after losing the 2020 presidential election.
DailyMail.com can reveal that Ivanka Trump and Jared Kushner took out a $15 million mortgage on their $24 million fixer-upper on Indian Creek Island in April 2021, a few months after moving from Washington, DC to Miami. The couple’s monthly payment on their home loan is approximately $111,000
The exclusive Indian Creek Island in Miami Beach is known as ‘Billionaire Bunker’. The couple spent two years sparing no expense as they gutted and redecorated their new home, which boasts six bedrooms and eight and a half bathrooms.
Jared and Ivanka finally moved into their newly renovated mansion in October with their three children, Arabella, Joseph and Theodore.
And now DailyMail.com can reveal that Ivanka and husband Jared Kushner have taken out the largest mortgage of any Trump child for their new digs in Florida.
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 “Billionaire Bunker.”
The home loan was obtained from Bank of America through an LLC connected to Kushner’s general counsel, Christopher Smith.
The deal has a term of fifteen years and would have been concluded at an interest rate of 3 percent, which equates to a payment of approximately $111,000 per month.
Trump and Kushner, both 42, spent more than two years sparing no expense as they gutted and redesigned their new home, 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 girlfriend Kimberly Guilfoyle took out a $4.8 million mortgage in March 2021 on the 11,000-square-foot mansion they purchased in the exclusive gated community of Admirals Cove, in Jupiter, for $9.7 million
The home loan for the six-bedroom, 11-bathroom mansion was obtained by Valley National Bank for 30 years and is approximately $29,500 per month, plus property taxes.
The political power couple joined the list of rich and famous residents of Admirals Cove, located just 20 miles from Mar-a-Lago
New aerial views of the resort-style property show the expansive sundeck, perfect for enjoying Florida’s balmy heat all year round.
Affluent residents of the 300-acre Indian Creek Island include retired NFL legend Tom Brady and, most recently, Amazon’s Jeff Bezos, who bought two adjacent mansions in the past three months for $79 million and $68 million.
The island has 34 houses, approximately 42 inhabitants, and its own police force of 13 who guard the single bridge to enter and exit the estate, as well as a 24-hour marine patrol.
Meanwhile, about 80 miles north of Florida’s east coast, Ivanka’s older brother Donald Trump Jr., 45, and fiancée Kimberly Guilfoyle, 54, raised $9.7 million in the celeb enclave of Jupiter in March 2021, home to countless sports stars such as Tiger Woods and Serena Williams.
Documents obtained by DailyMail.com show the couple took out a $4.8 million mortgage on the property.
The home loan runs for 30 years at Valley National Bank, with an interest rate of 3.25 percent for the first 20 years before increasing to the federal funds rate. This is approximately $29,500 per month plus property taxes.
Younger sibling Eric, 39, and wife Lara, 41, bought a $3.2 million estate in March 2021, also in Jupiter, near his older brother.
The couple’s $2.4 million, 30-year mortgage from Valley National Bank amounts to just over $10,000 per month plus taxes. The 7,000-square-foot home has five bedrooms and five bathrooms and is located within his father’s gated Trump National Golf Club
Like his older siblings, Eric lived primarily in New York before he and his wife Lara followed his family to Florida in March 2022 (photo in April 2023).
Eric and Lara Trump’s mortgage worth $2.4 million
Located in the exclusive gated community of Admirals Cove, 20 minutes from his father’s main residence, Mar-a-Lago, the 11,000-square-foot mansion features six bedrooms, eleven bathrooms, a pool, gym and game room.
Meanwhile, younger sibling Eric, 39, and wife Lara, 41, picked up a $3.2 million estate, also in Jupiter in March 2021. It comes with a $2.4 million mortgage from Valley National Bank.
Just like Donald Jr. his mortgage has a term of more than 30 years, initially at an interest rate of 3.125 percent for twenty years, then at the federal funds rate. This amounts to just over $10,000 per month plus taxes.
The 7,000-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 has not yet made a real estate investment in Florida is Tiffany, 30 – Trump’s daughter from his second marriage to Marla Maples.
It was reported that she had been house hunting in Miami Beach a few years ago, but it is not clear if she ever made a purchase. She married