The Truth About Eric Trump's Net Worth
Is it tough to be a middle child? According to Alfred Adler's theory on birth order, the middle child is "even-tempered but has trouble fitting in due to being sandwiched between the younger and older siblings," per Healthline. Eric Trump is a middle child of President Donald Trump's five children and the second of his three sons. Between older brother Donald Trump Jr. and younger brother Barron Trump, Eric Trump doesn't get as much attention these days.
Does that mean that Eric Trump is not as noteworthy as the rest of the Trump offspring? Sure, Eric has been the target of several jokes on The Daily Show With Trevor Noah, but that doesn't mean that he's hiding in a corner somewhere or not making a fortune. Eric has gears going in the family businesses, plus endeavors of his own. Find out where Eric is making his money and how much he is worth.
Eric Trump admitted to nepotism
Eric Trump is the youngest child of President Donald Trump and his ex-wife Ivana Trump. He trails Donald Trump Jr. and Ivanka Trump in age, but Eric Trump is the tallest at 6 feet, 5 inches, according to Business Insider. He is also the half-brother of Tiffany Trump, whose mother is Marla Maples, and Barron Trump, the son of First Lady Melania Trump.
When his parents divorced, Eric was only 6 years old. He would later go to Hill School like his brother Donald Jr., but he didn't follow in Don's or Ivanka's footsteps by going to the University of Pennsylvania. Eric instead went to Georgetown, earning a master's degree, and immediately started to work for his father after graduating. Eric admitted to Forbes in 2017 that he has greatly benefited from the Trump name.
"We might be here because of nepotism, but we're not still here because of nepotism. You know, if we didn't do a good job, if we weren't competent, believe me, we wouldn't be in this spot," Eric told the publication.
As Eric grew older, he expanded his business ventures. In 2011, Donald put Eric in charge of a winery in Charlottesville, Va., that he purchased through a family friend, according to Town & Country. The wine would later be sold at other Trump properties.
"Many of our members would love the option of knowing that the wine they're drinking came off a property that is owned by us, and we oversaw every single detail," Eric told Town & Country.
Eric Trump goes from The Apprentice to the first family
Like his older siblings Donald Trump Jr. and Ivanka Trump, Eric Trump appeared on his father President Donald Trump's show The Apprentice and its spin-off, The Celebrity Apprentice. Eric had a major role in selecting contestants for the reality TV competition, and made nearly two dozen appearances on the show, according to Business Insider. A 2015 Bustle article described the similarities between Eric and his father, stating both have a "tell it like it is" attitude.
Eric formed the Eric Trump Foundation in 2006 to benefit St. Jude's Children's Research Hospital and hosted golf tournaments for the cause. "I think there is something about that innocence that has always affected me," Eric said, according to Forbes. However, in 2017, Forbes investigated the foundation, finding that some of the donated money was shifted to other Trump family-related charities and the foundation had been billed for using Trump-owned properties for the golf fundraisers. The foundation folded at the end of 2016, when Trump won the presidential election.
After entering the White House in 2017, Donald Trump gave Donald Jr. and Eric control over the Trump Organization, the massive real estate and business portfolio with hotels, golf courses, and more. Both serve as the organization's executive vice presidents.
How much is Eric Trump worth?
So, is being the middle Trump child a hard life for Eric Trump? Not really, if you look at his bank account and real estate portfolio. According to Celebrity Net Worth, Eric is worth $300 million. That figure matches that of his older brother, Donald Trump Jr. Both, however, are far behind their sister Ivanka, who is worth $800 million. Eric makes his earnings from his work with the Trump Organization, golf courses, and the winery in Virginia. In 2013, Eric was named Rising Star of the Year by Wine Enthusiast.
"We entered the wine industry with one goal in mind: to create the best wines anywhere in the world," Eric told the outlet. "I am thrilled by our tremendous success and the fact that we are not only competing, but winning against the finest wines produced anywhere in the world."
Eric splits his time between two New York residences with his wife, Lara, and their children Eric "Luke" Trump" and Carolina Trump. The family has a Manhattan apartment inside Trump Parc East they purchased in 2007 for more than $2 million, per Town & Country, and a larger 1919 estate in Westchester County.
"Westchester had a major impact on my life," Eric told Westchester magazine. "I went to school in the city, but I was in Westchester on the weekends and over the summers. It was my place to go to get away from everything."
Life is not bad for this middle son.