Presidency Boosts Trump’s Net Worth By $3 Billion In A Year
https://www.forbes.com/sites/danale...osts-trumps-net-worth-by-3-billion-in-a-year/
Donald Trump just had the most lucrative year of his life. The president is now worth a record $7.3 billion, up from $4.3 billion in 2024, when he was still running for office. The $3 billion gain vaulted him 118 spots on The Forbes 400, where he lands at No. 201 this year.
No president in U.S. history has used his position of power to profit as immensely as Trump. His primary vehicle for enrichment: cryptocurrency, an asset class full of hype and vulnerable to regulators. Teaming up with his three sons, Trump announced a crypto venture in September 2024 named World Liberty Financial, which initially struggled to gain traction. Then he won the White House.
Crypto entrepreneur Justin Sun, whom the Securities and Exchange Commission had accused of fraud, invested $75 million, routing an estimated $40 million to the president-elect and millions more to his family members, kickstarting a bonanza that has since snowballed. In January, days before reentering the White House, Trump launched a memecoin, adding hundreds of millions to his pile of cash.