Reports

The Trump family transferred a fifth of its $6.8 billion fortune into cryptocurrencies

When Donald Trump was sworn in for his second presidential term in January 2025, his financial wealth was already different from what it was when he was first sworn in about 4 years earlier.

Bloomberg News reported that while he returned to power on a cold day in January 2025, Trump owned a social media company, a cryptocurrency platform that he co-founded, as well as a new digital currency bearing his name, areas far removed from the real estate projects and trademark licensing deals that have long been the main activity of the Trump Organization.

A year later, the Trump family’s wealth has expanded even further, to include industries such as firearms, rare earth metals, and artificial intelligence.

But the most notable change has been the increasing concentration of family wealth in cryptocurrencies: The Trumps made about $1.4 billion from cryptocurrency projects started in his second term, according to an analysis by Bloomberg.

These projects have been boosted by the policies of Trump himself, as he signed legislation on cryptocurrencies and appointed regulators that dropped lawsuits against this sector.

Despite the new projects, the family’s overall net worth looks remarkably similar to last year at $6.8 billion, according to the Bloomberg Billionaires Index. Even as the Trump family has grown richer thanks to cryptocurrencies, these gains have been offset by a decline in the value of Trump Media and Technology Group Corp, which owns the social media platform Truth Social.

The value of the company’s shares has fallen 66% over the past year, despite efforts to diversify into finance, cryptocurrencies, and, most recently, fusion energy.

The way the Trump family’s wealth is now distributed – especially its concentration in virtual assets and public companies, some of which did not exist when he left office in 2021 – represents a radical shift in how the family will make money in the coming years.

Amid these shifts, Eric Trump, the president’s son and an executive at the Trump Organization, noted that he has not neglected real estate investing. “We have the number one hospitality brand in the world, and I am extremely proud of our amazing portfolio,” he said in a statement. “We look forward to another successful year.”

White House spokeswoman Carolyn Leavitt said the administration, through executive actions and policies, “is delivering on the President’s promise to make the United States the cryptocurrency capital of the world by driving innovation and providing economic opportunity for all Americans.”

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