Eric Trump, the “other” Trump son, doesn’t always get the attention his big bro Donald Jr. or young Barron Trump does, but as a businessman, he does pretty OK. What is the Eric Trump net worth?
About $150 million, according to Celebrity Net Worth.
Trump, the middle son of President Donald Trump, earned the bulk of his money as executive vice president of The Trump Organization.
In that role, Trump has overseen acquisitions like the Kluge Winery in Virginia and is involved in the Trump National Golf Clubs, as well as various Trump hotels around the globe.
Trump is also a “highly active philanthropist,” according to Celebrity Net Worth. He is the founder of the Eric Trump Foundation which raises money for the Saint Jude Children’s Hospital, where Trump serves as a board member.
The Eric Trump Foundation has raised more than $25 million for the hospital, according to the website.
However, according to a recent report from Forbes, Trump’s charity was used to divert a significant amount of money into the Trump Organization.
The money for the children’s charity is raised mainly from an annual golf tournament, but the reported expenses for the event “defy any reasonable cost justification for a one-day golf tournament.”
The article also suggests that the Donald J. Trump foundation, which takes outside donations, “used the Eric Trump Foundation to funnel $100,000 in donations into revenue for the Trump Organization.”
While Trump claims the golf facility was used free of charge, Forbes reported that $1.2 million from the foundation had “no documented recipients past the Trump Organization.”
“While donors to the Eric Trump Foundation were told their money was going to help sick kids, more than $500,000 was re-donated to other charities, many of which were connected to Trump family members or interests, including at least four groups that subsequently paid to hold golf tournaments at Trump courses,” Forbes reported.
While older brother Donnie faces Robert Mueller in the Russia investigation, the Eric Trump net worth might not take such a hard hit as a result of any political scandal. At least, not yet.