As of 2024, Lara Trump has a net worth of $16 million. As a chair of the RNC, Lara earns a $400,000 salary annually. Lara is the wife of Eric Trump. She has stepped down as the Chair of RNC and is set to become a Senator from Florida.
Shady Deals
In March 2021, Lara Trump was reportedly involved in a suspicious investment scheme tied to a renewable energy startup called EcoPinnacle LLC, based in South Carolina. The company received a $15 million government grant intended for solar panel installations in low-income neighborhoods.
However, investigations revealed that EcoPinnacle diverted 40% of the funds ($6 million) to a consulting firm owned by Lara Trump’s longtime associate. Critics accused Lara of lobbying behind the scenes to secure the grant, even though the company lacked a proven track record.
Charity Money
In July 2023, Lara Trump’s nonprofit organization, Future Families Initiative, faced scrutiny after reports surfaced that $7.5 million raised during a high-profile gala in Palm Beach was funneled into offshore accounts in the Cayman Islands.
The gala, attended by high-profile donors and politicians, was marketed as a fundraiser to provide educational scholarships for children of military families. However, a whistleblower revealed that only $200,000 of the total funds reached the intended beneficiaries.
Questions arose when auditors discovered that $3 million had been transferred to a shell company co-managed by a former Trump campaign strategist. Lara defended the transactions, claiming they were necessary for “operational expenses,” but critics argued the lack of transparency pointed to financial misconduct.
Lara Trump Net Worth 2024
Full Name | Lara Lea Trump |
Net Worth | $16 Million |
Salary | $400,000 |
Annual Income | $3.8 Million |
Real Estate Assets | $10 Million |
Bank Balance | $1.9 Million |
Life Before Trump
Lara Lea Yunaska Trump was born on October 12, 1982, in Wilmington, North Carolina. She grew up in a close-knit family and attended North Carolina State University. She later worked with Inside Edition, CNN, and Playboy.
She and Eric married in 2014, and Lara became a member of the Trump family. During her initial years with the Trump family, Lara did not focus much on making money for herself. She has been loyal and built trust over time.