$2.4 Billion: How Donald Trump Got Rich
Investigation reveals Donald Trump accumulated $2.4 billion from various cryptocurrency investments since 2022, representing 43% of his political-era wealth amid regulatory concerns.
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A New Yorker investigation claims that U.S. President Donald Trump has amassed an estimated $2.4 billion from cryptocurrency ventures since entering the sector in 2022. These earnings account for roughly 43.5% of his known personal wealth accumulated during his political career, raising fresh concerns over conflicts of interest tied to U.S. crypto regulation.
According to the report, Trump’s crypto windfall includes: $14.4 million from his NFT collection, $412.5 million from token sales via World Liberty Financial, $243 million from deals with the UAE, $13 million from Bitcoin mining firm American Bitcoin, over $1 billion from the Bitcoin treasury arm of Trump Media & Technology Group, and $385 million from his official meme coin – TRUMP.
The scale of these gains marks a dramatic shift from Trump’s earlier skepticism toward digital assets. In 2019, he criticized cryptocurrencies for price volatility and potential illicit use. Now, his deep involvement has triggered Democratic pushback, with lawmakers warning of possible ethical and constitutional violations – including the federal bribery statute – after Trump offered a private dinner for top TRUMP coin holders. Some senators voiced fears that foreign actors could use the token to buy influence without disclosure.
Under Trump’s leadership, U.S. regulators have eased pressure on the crypto industry. The SEC dropped or halted enforcement actions against firms like Coinbase and Uniswap, and moved to reverse prior banking restrictions that had sidelined many crypto businesses.