President Trump’s 15 Surprising Spending Habits
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President Donald Trump
Lawyer, oil executive, governor, actor, peanut farmer. Although recent past presidents held many titles, none could boast the title of billionaire. In fact, President Donald Trump is the only billionaire to call 1600 Pennsylvania Avenue home.
As America’s first billionaire president, Trump has received a great deal of attention regarding his spending habits. Unsurprisingly, many of his favorite things are costly. But there are a number of items Trump buys on the regular that even the common man can afford.
From high-priced luxuries to inexpensive grocery store items, take a look at a few ways Trump spends his fortune.
Click through to see Trump’s net worth.
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Outfitting His Boeing 757-200
Deemed “Trump Force One” during the election, the president’s personal plane is a 757-200 purchased from Microsoft co-founder Paul Allen in 2010. Trump claims to have spent $100 million on this ride, but a CNBC report asserts that he paid less than $50 million. Operating expenses for a plane this size totals roughly $8,000 to $13,000 per hour, according to Forbes.
Most 757-200 jets seat more than 230 passengers, but Trump’s is equipped for just 43 people. After purchasing it from Allen, Trump spent $10 million on renovations, including adding gold seatbelt buckles, gold service buttons and a 24-carat, gold-plated sink. The jet is also equipped with a state-of-the-art multimedia system and plush leather chairs for lounging.
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Chowing Down on Fast Food
A fast-food aficionado, Trump is loud and proud about his affection for eateries like McDonald’s and KFC. During a February 2016 town hall, he revealed that the “fish delight” is his favorite choice from McDonald’s.
McDonald’s does not offer a “fish delight” menu item; however, it is likely the president was referring to the restaurant’s Filet-O-Fish sandwich. As a solo order, the sandwich costs around $3.79, rising to $5.59 if he makes it a meal with fries and a drink — talk about a great value.
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Purchasing Luxury Cars
As commander in chief, Trump doesn’t do much driving these days. He is accustomed to being driven around. However, the billionaire had chauffers usher him around New York City in a limo during his civilian days.
Despite rarely putting the pedal to the metal himself, Trump boasts a pricey collection of luxury cars. The auto enthusiast’s fleet includes a 2015 Rolls-Royce Phantom and a 2015 Mercedes-Benz S600, which start at $400,000 and $100,000, respectively, according to the Kelley Blue Book. However, it’s unlikely that Trump settled for the basic package on either purchase.
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Dressing in Brioni Suits and Shirts
He once had an eponymous clothing line at Macy’s, but you won’t catch Trump shopping at the mall. A lover of Italian menswear clothier Brioni, he had the company supply his attire for “The Apprentice,” noting that his suits came straight off the rack.
Brioni might be too rich for the average buyer’s blood. The designer’s Continental three-piece suit costs $5,250, and the Brunico style retails for $6,450.
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Cleaning Up With Head & Shoulders Shampoo
Because Trump’s mane is a key element of his signature look, you might think he washes it with an exclusive shampoo, but you’d be wrong.
In a 2011 Rolling Stone interview, Trump said he uses Head & Shoulders to keep his locks clean. The anti-dandruff shampoo can be purchased at most drugstores for approximately $1.99.
Shampoo isn’t the only thing Trump refuses to pay top dollar for. In fact, buying generic is an important money lesson Trump shares in the book “Trump: Think Like a Billionaire.”
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Buying Paintings and Portraits of Himself
Many art collectors lean toward a certain artistic movement. For Trump, that genre is himself.
In 2013, Trump directed art collector pal Stewart Rahr to spend $100,000 on his behalf for a 9-foot oil painting of himself by artist William Quigley at a charity auction in the Hamptons. In 2007, he reportedly purchased a $20,000, 6-foot portrait of himself during a fundraising auction at his Mar-a-Lago estate. However, the funds for this piece came from the Donald J. Trump Foundation, not Trump’s own pocketbook, according to The Washington Post. As of September 2016, the portrait hangs in the Trump National Golf Club Westchester.
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Buying Expensive Homes
Best described as palatial, Trump’s homes cost a pretty penny. Since the early 1980s, Trump has held court in a Trump Tower triplex penthouse apartment, which cost an estimated $12 million to build. More than three decades later, the lavish 30,000-square-foot property is worth an estimated $100 million. Still the primary residence of Melania and Barron Trump, the residence costs millions to secure today.
In 1985, Trump purchased Mar-a-Lago, a 118-room home in Palm Beach, Fla. Now serving double-duty as an exclusive private club, the property cost Trump between $10 million and $15 million. More than 30 years later, the posh estate is valued between $200 million and $300 million, according to Fortune.
Considering he’s accustomed to living in luxury, Trump probably feels right at home at the 132-room White House.
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Displaying Rare Books
Many people opt to decorate their coffee tables with interesting books for visitors to peruse. Trump takes this practice to another level. His idea of an intriguing coffee table book is “GOAT: A Tribute to Muhammad Ali.”
Residing in his New York City apartment, the book has an estimated value of $15,000. Only 1,000 copies were printed, and each individually numbered book was signed by both Muhammad Ali and Jeff Koons, the book’s author.
Also Read: 15 Crazy Perks of Being President
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Snacking on Lay’s Potato Chips and Diet Soda
Some billionaires snack on caviar and Cristal, but not Trump. The White House is fully stocked with Lay’s potato chips for when he needs a refresher. One small bag of Lay’s costs around $1.50 or less.
Trump claims to have abstained from alcohol his entire life. However, in a 2012 interview with CNBC, he admitted to being a fan of all kinds of soda. A 24-pack of Diet Coke costs around $8, making each can approximately 33 cents.
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Giving to Charity
Trump has not made his tax returns public, so the extent of his charitable giving remains uncertain. However, the Washington Post probed his donation record in 2016 and uncovered a total of $7.8 million in donations to charity since the early 1980s.
Some of the bigger gifts include $1 million to the Marine Corps-Law Enforcement Foundation and $100,000 to a Baton Rouge, La., church ravaged by flooding — both in 2016. He also gave an undisclosed donation of less than $10,000 to the Police Athletic League of New York City in 2009.
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Dining at New York City’s 21 Club
He’s certainly not a food snob, but Trump doesn’t always opt for casual eateries. Prior to becoming president, he was a long-time regular at New York City’s posh 21 Club.
In a 2017 Bloomberg interview, 21 Club representatives revealed that Trump always orders the 21 Burger, which costs $36. He orders his burger well-done, topped with American cheese and paired with a virgin Bloody Mary, iced tea or Diet Coke. The restaurant staff knows him to tip well occasionally but not always.
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Showering Melania With Gifts
Trump enjoys giving his wife, Melania, expensive gifts. For their 10th wedding anniversary in 2014, Trump gave the first lady a 25-carat diamond ring worth an estimated $3 million. However, in April 2018, CNN reported that Trump was too “busy” to get Melania a birthday gift.
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Splurging on a Mega-Yacht
He’s no longer sailing the ocean, but in 1987, Trump purchased a 282-foot mega-yacht from the Sultan of Brunei for a reported $29 million. The Sultan acquired the boat from Saudi businessman and arms dealer Adnan Khashoggi. Always negotiating, he later revealed that he scored a $1 million discount for agreeing to change the boat’s name from Nabila, the name of Khashoggi’s daughter.
Trump spent $10 million on renovation for the boat, renamed the Trump Princess. However, by 1989, he had decided to upgrade. Trump announced plans for a nearly 500-foot yacht. The new mega-yacht was never built due to Trump’s financial troubles. Ultimately, he turned the Trump Princess over to his creditors, who sold it to Saudi Arabian Prince Al-Waleed bin Talal for a reported $19 million in 1991.
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Accessorizing With Hermes Ties
Trump’s expensive taste in suits pairs perfectly with his penchant for designer neckties. In his book, “Trump: Think Like a Billionaire,” he cites Hermes and Brioni as his tie brands of choice.
Ties from the Paris-based Hermes average $180 each.
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Paying His Legal Fees
Trump spent a serious sum on legal fees during the 2016 presidential election. In July 2016, his campaign paid $762,000 to lawyers, compared with opponent Hillary Clinton’s $105,000 for the month, reported Mother Jones.
The campaign’s legal expenses exceeded $3 million by October 2016, according to the Daily Beast. It’s unclear how much of the bill Trump footed himself, but he did invest $66 million into his campaign, according to Fortune.
Photo disclaimer: Photos are for illustrative purposes only, and some images may not be photos of the actual items included in this article.