According to Bloomberg's updated Billionaires Index, Donald Trump's net worth stands at $6.4 billion, significantly augmented by his crypto activities.
Crypto as a Source of Income
Donald Trump’s fortune includes $390 million earned from the token sale of World Liberty Financial, a decentralized finance project tied to the Trump brand.
Investments in Memecoins and DeFi
Additionally, the launch of an official Trump-themed memecoin in January has reportedly generated $150 million in returns. The family also holds a 20% stake in American Bitcoin, a mining firm.
Future Plans in Crypto
American Bitcoin plans to go public via a merger with Gryphon Digital Mining, aiming to build a Bitcoin-backed treasury reserve from its mining operations. Thus, crypto appears to be a cornerstone of the Trump financial empire.
With active involvement in the cryptocurrency space and substantial investments, the Trump family continues to enhance their financial landscape.