Trump’s crypto ventures yield $2.4B since 2022: Report
The $2.4 billion represents roughly 43.5% of the known money Donald Trump has gained from “personal enrichment” during his political career.
US President Donald Trump has gained roughly $2.4 billion from his crypto-related ventures since entering the space in 2022, according to estimates from The New Yorker. The gains show a diversification of the Trump family’s crypto income streams and raise new concerns for a Commander-in-Chief overseeing the industry’s regulation in the United States.
According to the report, Trump has gained an estimated $14.4 million from his non-fungible tokens (NFT) collections, $412.5 million from token sales via World Liberty Financial, $243 million from crypto deals with the United Arab Emirates, $13 million from Bitcoin (BTC) mining company American Bitcoin, $1.3 billion from BTC treasury company Trump Media and Technology Group, and $385 million from the Official Trump (TRUMP) memecoin.
Overall, Trump’s crypto ventures account for 43.5% of the known personal wealth he has accumulated during his political career, according to the report. However, it’s important to note that while these ventures are linked to Trump, they may not reflect his direct involvement, as operations are often managed by advisers or family members.
Source: Cointelegraph →Related News
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