David Trone Net Worth (Updated 2025).

David Trone began his career in the 1980s, fresh out of business school, when he joined the family liquor business, Total Wine & More. Starting from the ground up, he worked his way through various roles, from sales to management, learning the ins and outs of the industry. His passion for the business, coupled with his innovative ideas, soon saw him rise through the ranks.

In 1991, David Trone and his brother Robert took over the company from their father. Under their leadership, Total Wine & More grew exponentially. They expanded the business from a single store in Delaware to over 200 locations across 24 states, making it the largest privately-held wine retailer in the United States. This growth and success brought David Trone into the public eye, contributing to his fame in the business world.

David Trone’s Current Net Worth (2025)

As of 2025, David Trone’s estimated net worth stands at $5 billion, according to Forbes. This significant wealth is largely attributed to his successful career in the beverage industry, particularly his role as co-owner of Total Wine & More.

Career

David Trone’s career spans over three decades, primarily in the beverage and retail sectors. He co-founded Total Wine & More in 1991 with his brother, Robert, which grew to become the largest independent retailer of wine, beer, and spirits in the United States. In 2016, they sold a majority stake to funds managed by the investment firm Berkshire Partners.

Other Ventures

Beyond Total Wine & More, Trone has been involved in various other ventures. He serves on the board of directors for several companies, including LVMH Moët Hennessy Louis Vuitton and Costco Wholesale. He is also a philanthropist, donating to various causes through the Trone Family Foundation.

Assets

David Trone’s assets include a significant stake in Total Wine & More, as well as investments in real estate and other businesses. He owns several properties across the United States, including a vineyard in California and a residence in Washington, D.C. His art collection, which includes works by artists like Andy Warhol and Roy Lichtenstein, is also a notable asset.

Annual Income

David Trone’s annual income varies, but as of 2025, it is estimated to be around $200 million. This includes his salary from Total Wine & More, dividends from his investments, and other sources of income. However, it’s important to note that this figure can fluctuate from year to year.

Frequently Asked Questions about  David Trone

Frequently Asked Questions: David Trone Net Worth

1. What is David Trone’s net worth?

David Trone’s net worth is estimated to be around $5 billion.

2. How did David Trone make his fortune?

David Trone co-founded Total Wine & More, a popular wine retail chain, with his brother in 1991. He served as the company’s CEO until 2016, contributing significantly to his wealth.

3. Is David Trone a billionaire?

Yes, David Trone is a billionaire, with an estimated net worth of $5 billion.

4. What is David Trone’s political affiliation?

David Trone is a Democrat. He represents Maryland’s 6th congressional district in the U.S. House of Representatives.

5. When did David Trone enter politics?

David Trone first ran for political office in 2018, winning the election for Maryland’s 6th congressional district.

6. What is David Trone’s education background?

David Trone graduated from the University of Pennsylvania with a Bachelor of Arts degree in economics. He also has a Master of Business Administration degree from the Wharton School of the University of Pennsylvania.

7. Does David Trone have any philanthropic endeavors?

Yes, David Trone and his wife June are known for their philanthropic efforts. They have donated to various causes, including education, healthcare, and social services.

8. How many children does David Trone have?

David Trone has four children.

9. Where does David Trone live?

David Trone resides in Potomac, Maryland, with his family.

10. What is David Trone’s age?

David Trone was born on August 21, 1955, making him 67 years old.