After Donald Trump entered the White House, not only he but also his family quickly took advantage of political influence to increase their huge assets. From cryptocurrencies to deals in the Middle East, the Trump family’s asset value has now reached the $10 billion mark.
In American history, many presidential families have sought to capitalize on political fame, but none have been as successful as the Trumps. If Jimmy Carter had a brother who sold beer “Billy Beer” or Hunter Biden once earned more than $ 1 million from his paintings, the Trump family has “turned” the presidency into an unprecedented asset launch pad.
The main sources of income come from cryptocurrencies, consulting for right-wing businesses in the US, and a series of cooperation deals with wealthy partners in the Middle East. Members who were once not very wealthy, such as Eric, Don Jr., Barron, and even Mrs. Melania, now own tens to hundreds of millions of dollars. Including Jared Kushner, the family’s total net worth has nearly doubled since before the election, reaching about $10 billion.
How did Mr. Trump and Mrs. Melania make money? In just one year, Donald Trump’s fortune increased by $3 billion, to $7.3 billion. Notably, $2 billion of that came from cryptocurrency investments: half from World Liberty Financial, half from a “memecoin.” In addition, the New York court’s overturning of a $500 million civil penalty and the boom in international franchising activities helped him “pocket” nearly $400 million more.
As for Mrs. Melania, she followed the familiar path of many First Ladies such as writing books, giving speeches, making documentaries. But she also made her own “Trump” mark by releasing her own cryptocurrency, which currently has a capitalization of less than 200 million USD. How rich are other members of the Trump family? Jared Kushner and Ivanka Trump: Kushner has raised $4.6 billion from Gulf countries since founding his private equity fund Affinity Partners in 2021 and is now a billionaire with a net worth of $1 billion. Ivanka also owns about $100 million, not to mention her mansion on the “billionaire island” Indian Creek (Miami) which has tripled in value since 2020. Eric Trump: Mr. Trump’s second son is the “crypto king” of the family, with a fortune of 750 million USD, most of which comes from the American Bitcoin project . In addition, he and Don Jr. signed many deals in the Middle East, including a golf course project in Qatar. Donald Trump Jr.: His fortune grew from $50 million to $500 million in just one year, thanks to his stakes in anti-woke companies and the World Liberty project. He also participated in setting up a SPAC fund to look for opportunities in technology, healthcare, and logistics. Barron Trump: At just 19 years old, Barron has amassed $150 million thanks to his early participation in World Liberty Financial. He currently holds tokens worth potentially more than $500 million when they are unlocked for future trading.
