- Trump earns $1.2 billion from crypto in 9 months, with a post-tax profit of $935 million, according to Forbes, boosting his net worth to $5.6 billion.
- Major gains include $390M from token sales via World Liberty Financial and $315M from the $TRUMP memecoin.
- The president now holds $900M in crypto assets, including memecoins and stablecoins, solidifying his role as a political crypto powerhouse.
U.S. President Donald Trump has reportedly earned over $1 billion through cryptocurrency investments in less than a year, according to a detailed report published by Forbes on June 5. The revelation has sparked major discussion across both the financial and political worlds, signaling a seismic shift in the relationship between politics and digital assets.
The report estimates that the president’s total net worth has surged to $5.6 billion, thanks in large part to his explosive gains in the crypto market. Forbes claims that nearly $900 million of Trump’s liquid assets are now tied to cryptocurrency, with significant portions stemming from his involvement in memecoins, token launches, and stablecoin holdings.
According to Forbes, the President has generated massive returns through several crypto ventures: $390 million (pre-tax) in profits reportedly came from the sale of World Liberty Financial’s native tokens, a platform closely affiliated with Trump.
The president allegedly netted $315 million from the now-popular $TRUMP memecoin, a cryptocurrency that has garnered a loyal following among both Trump supporters and speculative traders.
Trump Nets $1.2 Billion in Crypto
An additional $427 million is attributed to Trump’s broader memecoin holdings, suggesting active involvement in meme-driven digital currencies. The president is also estimated to hold $60 million worth of USD1, a new stablecoin launched by World Liberty Financial, further cementing his diversified presence in the crypto ecosystem.
Altogether, the report alleges that the president has earned $1.2 billion in gross crypto gains, with a post-tax profit of around $935 million, a staggering figure achieved in just nine months.
Just weeks before the Forbes report, on May 22, the president hosted an exclusive event at his golf club near Washington, D.C., inviting the top 220 investors in the $TRUMP coin. The high-profile dinner has fueled both excitement and concern over the growing fusion of cryptocurrency and political fundraising.
Among the attendees was Tron founder Justin Sun, who is said to hold $18 million worth of $TRUMP tokens. Sun has reportedly invested a total of $93 million in Trump-aligned crypto projects, including a $75 million stake in World Liberty Financial. His presence at the event has intensified concerns about foreign influence in American politics via crypto channels.
Trump Becomes Crypto Powerhouse in Politics
While Trump’s success in the blockchain space has been applauded by some in the crypto industry, critics are warning of potential ethical violations, especially regarding transparency, foreign investment, and the use of digital assets for campaign-style initiatives. Questions are being raised about how cryptocurrencies might bypass traditional campaign finance laws or facilitate untraceable contributions to political figures.
Regulators and ethics watchdogs are now keeping a close eye on the former president’s crypto activities, with growing calls for clearer governance around crypto donations, political endorsements, and token-driven campaigns.
Regardless of the controversy, one thing is undeniable: President is now one of the most financially successful political figures in the crypto space. His ability to monetize digital assets, meme culture, and personal branding represents a new era of political entrepreneurship in Web3.
As the 2024 election cycle intensifies, Trump’s crypto ventures could set the tone for future political fundraising strategies, blurring the lines between campaigning, investing, and decentralized finance.
With over $1 billion earned from digital assets in under a year, the president’s crypto empire is no longer a side hustle; it’s a central pillar of his post-presidency business strategy and, possibly, his roadmap back to the White House.
Related | UK Set to Unlock Retail Crypto ETNs in Game-Changing Move