Politics & Policy

Donald Trump Loves Gold, as a Matter of Home Decor and Monetary Policy

Among other astute observations since his campaign launch, Donald Trump noted: “I’m really rich.”

The one-page wealth summary he released in June reveals that his net worth exceeds $8.7 billion. (The Forbes list of billionaires pegged it at less than half that amount – a meager $4.1 billion.)

So what does he do with all his dough? Known for opulent and garish taste, candidate Trump has embraced conspicuous consumption. And boy, does he like gold. Indeed, he has shown enthusiasm for returning to the gold standard. “There is something very nice,” he said, “about the concept” of having a “solid” country filled with money backed by bullion. 

After Trump announced his presidential bid, Stephen Colbert joked about Trump’s “luxurious, gold-plated, diamond encrusted” campaign. In that spirit, here are the top eight most luxurious, gold-plated, diamond-encrusted items Trump has possessed.

8. Trump 24K Super Premium Vodka

Well, maybe The Donald never downed one of these himself (he doesn’t drink), but he ensured that his line of luxury vodka bore the Trump brand. Advertised under the slogan “success distilled,” each $100 bottle is labeled with a 24-karat gold “T.”

7. Rent, Paid in Gold Bullion

Concerned about the value of the dollar, Trump ever-so-graciously accepted gold bullion in lieu of a deposit check from a new tenant in his 40 Wall Street property. Tenant Michael Haynes, chief executive of precious metals dealer APMEX, paid Trump $200,000 worth of 0.9999 pure, 32.15-troy-ounce gold bars.

6. Custom Gold Motorcycle

Keeping with the 24-karat theme, Paul Teutal Sr. of the Discovery Channel’s American Chopper: Senior vs. Junior designed Trump a chopper – branded with Trump’s name, of course – featuring 24-karat gold detailing and custom parts.

5. Gold-Plated Helicopter

Trump owns another kind of gold chopper. He upgraded one helicopter in his fleet to a top-grade Sikorsky S-76 helicopter, estimated at $7 million. The upgrade likely cost around $750,000. Obligatory gold items include seatbelt buckles, handles, and the family crests emblazoned inside.

4. Seven Springs Westchester Mansion

When Trump and his family have a hankering for suburbia, they escape to this nearly 40,000-square-foot stone and glass mansion on 213 acres, complete with marble pool. He paid $7.5 million for the home in 1995, and it’s probably worth loads more now.

3. Trump Tower Penthouse

A Louis XIV-style Manhattan apartment features marble floors, walls, and columns; ceiling frescos; winged cherubs; and diamond chandeliers. Gold platters, lamps, vases, crown molding, and other 24-karat fittings decorate this ostentatious King Midas’s abode.

#related#2. Private Jet, Boeing 757

This $100 million avian beast marked “TRUMP” is equipped with a 57-inch television, two wood-paneled bedrooms, and marble sinks, as well as the predictable 24-karat gold faucets, table legs, seatbelt buckles, trimmings, and insignias.

1. Trump Princess Yacht

Move over, Marco Rubio.

In Trump’s boat, the master stateroom has a tortoise-shell (the chic, endangered variety) ceiling and the master bedroom has its own barber chair for touching up that famous toupee (comb-over? red panda tail?). An onyx bathroom, a marble bar, three elevators, 3,500 square meters of suede, a movie theater, and 210 telephones are just a few of the other amenities. The Trump Organization appraised the yacht at $150 million–$200 million.

Most Popular


What We’ve Learned about Jussie Smollett

It’s been a few weeks since March 26, when all charges against Jussie Smollett were dropped and the actor declared that his version of events had been proven correct. How’s that going? Smollett’s celebrity defenders have gone quiet. His publicists and lawyers are dodging reporters. The @StandwithJussie ... Read More
Politics & Policy

The Lessons of the Mueller Probe

Editor’s Note: The following is the written testimony submitted by Mr. McCarthy in connection with a hearing earlier today before the House Permanent Select Committee on Intelligence on the Mueller Report (specifically, the first volume of the report, which addresses Russia’s interference in the 2016 ... Read More

Kamala Harris Runs for Queen

I’m going to let you in on a secret about the 2020 presidential contest: Unless unforeseen circumstances lead to a true wave election, the legislative stakes will be extremely low. The odds are heavily stacked against Democrats’ retaking the Senate, and that means that even if a Democrat wins the White House, ... Read More

Why Are the Western Middle Classes So Angry?

What is going on with the unending Brexit drama, the aftershocks of Donald Trump’s election, and the “yellow vests” protests in France? What drives the growing estrangement of southern and eastern Europe from the European Union establishment? What fuels the anti-EU themes of recent European elections and ... Read More
Energy & Environment

The Climate Trap for Democrats

The more the climate debate changes, the more it stays the same. Polls show that the public is worried about climate change, but that doesn’t mean that it is any more ready to bear any burden or pay any price to combat it. If President Donald Trump claws his way to victory again in Pennsylvania and the ... Read More
White House

Sarah Sanders to Resign at End of June

Sarah Huckabee Sanders will resign from her position as White House press secretary at the end of the month, President Trump announced on Twitter Thursday afternoon. https://twitter.com/realDonaldTrump/status/1139263782142787585 Sanders, the daughter of former Arkansas governor Mike Huckabee, succeeded Sean ... Read More
Politics & Policy

But Why Is Guatemala Hungry?

I really, really don’t want to be on the “Nicolas Kristof Wrote Something Dumb” beat, but, Jiminy Cricket! Kristof has taken a trip to Guatemala, with a young woman from Arizona State University in tow. “My annual win-a-trip journey,” he writes. Reporting from Guatemala, he discovers that many ... Read More