President Donald Trump has more than doubled his wealth to $5.1 billion in the past year, according to Forbes, marking one of the most dramatic financial recoveries in modern presidential history. The surge stems largely from his family's crypto ventures, which have generated approximately $2.9 billion in new wealth since his reelection, alongside lucrative international business deals that have raised fresh questions about conflicts of interest.
The financial windfall represents a sharp reversal from Trump's pre-presidency struggles and positions him among the world's wealthiest sitting leaders as his administration simultaneously reshapes federal cryptocurrency policy.
Trump's digital asset portfolio now comprises nearly 40% of his net worth, driven by the launch of the $TRUMP memecoin just three days before his January inauguration12. The token's initial market capitalization reached $27 billion within 24 hours, though valuations have since fluctuated with typical crypto volatility1.
World Liberty Financial, the Trump family's crypto exchange, announced this week that MGX, an Abu Dhabi-backed firm, will invest $2 billion in the platform's stablecoin product called USD132. The currency will be used to invest in Binance, one of the world's largest cryptocurrency exchanges3.
Separately, Trump Media & Technology Group, majority-owned by the president, raised $2.5 billion to purchase Bitcoin for its corporate treasury14. The move follows Trump's transformation from calling Bitcoin "a scam" to championing cryptocurrency as president1.
The Trump Organization struck a $5.5 billion deal in April to build Trump International Golf Club in Qatar, partnering with Saudi Arabian company Dar Global and Qatar's government-owned Qatari Diar1. The arrangement appears to violate Trump's own ethics agreement, which prohibits direct deals with foreign governments1.
Eric Trump initially denied any relationship with Qatari Diar, saying "We have zero relationship with them," but later appeared at the deal's announcement alongside Qatari government officials1. The Trump Organization also announced plans for a new Trump International Hotel & Tower in Dubai with Dar Global1.
Trump's crypto embrace represents a complete reversal from his earlier positions. As president, he signed an executive order supporting the "responsible growth" of digital assets and appointed venture capitalist David Sacks as his "Crypto and AI Czar"1.
Critics have warned that corporate America's rush into digital assets "could backfire whenever the volatile crypto markets take a turn for the worse," according to Politico2.
