Donald Trump’s total net worth has not fluctuated much in the recent past. It was $6.5 billion at the time of the election, and now it’s $6.4 billion. But the way he’s making money has changed a lot. Instead of relying mainly on real estate, crypto and meme stocks have become a big part of his wealth.
Trump and his family have gotten deeply involved in crypto. New projects like World Liberty Financial and the Trump memecoin have already added around $620 million to his net worth. These ventures are growing quickly and bringing in money faster than traditional real estate deals.
In 2021, real estate made up 86% of Trump’s wealth and now now it’s about 50%. One big success is Trump National Doral in Miami. After gaining approval to build luxury condos, its value jumped from $350 million to $1.5 billion.
Trump’s social media network, Truth Social, swiftly increased his wealth to $4 billion at its height. Even if the stock has plummeted in value, his share is still worth almost $2 billion. Despite the fact that the company lost $401 million last year, it’s attempting to break into finance and Bitcoin, illustrating the Trump camp’s increased focus on crypto.
World Liberty has its own token and a stablecoin called USD1. By June, it had sold $550 million worth of tokens, with $390 million going to the Trump family. They also own 22.5 billion tokens, which could be worth over $2 billion, but most of them can’t be sold yet.
World Liberty’s USD1 stablecoin also gained attention when MGX, an Abu Dhabi firm, used it for a $2 billion investment into Binance. Trump recently reduced his stake in the company from 60% to 40%.
The Trump memecoin, launched during his inauguration, benefits from public hype and the Trump brand. A big chunk is owned by Trump-linked companies. A dinner event for top holders helped boost interest. Trump’s share is now worth $150 million, with billions more potentially coming as tokens “unlock” in the future.
A Trump-backed investment firm started American Bitcoin, which will soon go public through a merger. The company, which owns crypto mining equipment, could be valued at over $3 billion. The Trump family owns 20% of it, adding another big crypto play to their portfolio.
Even with such enormous valuations, most of these assets are viewed as very speculative. Their worth relies tremendously on sentiment, hype, and the Trump brand, not on solid business performance.
Also Read: Trump-Linked Crypto Firm Raises $220M for BTC Mining
