Trump inflates wealth with $930 million move

President Donald Trump has added over $930 million to his fortune, signalling a major shift in his approach to building wealth.

President Donald Trump has added at least $620 million ($A930m) to his fortune in a matter of months through a series of cryptocurrency ventures, according to the Bloomberg Billionaires Index — a dramatic and fast-moving shift in how the president and his family are generating wealth.

While Trump’s overall net worth has remained relatively stable — $6.5 billion ($A9.75b) on Election Day and $6.4 billion ($A9.6b) now — Bloomberg’s analysis shows that digital assets and crypto-linked ventures have rapidly become the most lucrative part of his portfolio.

Much of that comes from World Liberty Financial, a blockchain platform that issues its own token and a stablecoin called USD1.

President Donald Trump has added at least $620 million to his fortune in a matter of months through a series of cryptocurrency ventures.Picture: AFP

Bloomberg estimates that $390 million ($A585m) of the $550 million ($A825m) in token sales has gone to the Trump family, who also hold 22.5 billion World Liberty-branded tokens.

Although those tokens are excluded from Trump’s net worth calculation due to current transfer restrictions, their market value in June exceeded $2 billion ($A3b).

The family recently reduced its stake in World Liberty from 60 per cent to 40 per cent.

The crypto haul “dwarfs the more than $34 million the Trump Organization reported taking in from real estate licensing deals last year,” Bloomberg reported.

“I am incredibly proud of our wonderful company. We have never been stronger,” Eric Trump, executive vice president of the Trump Organization, told the outlet.

One of the highest-profile events linked to Trump’s digital asset push was the creation of a memecoin under the president’s name that was launched during his inauguration weekend.

The Trump Organization and affiliate CIC Digital collectively hold 80 per cent of the token supply. Trump’s stake in the memecoin — after liquidity discounts and trading revenue — is worth around $150 million, ($A225m) Bloomberg reported.

An additional 800 million coins, worth over $7 billion ($A10.5b) are set to vest over three years beginning this month, but are not included in Bloomberg’s wealth estimate.

Meanwhile, the Trump family’s largest real estate windfall in years came in January, when Trump National Doral won approval to build 1,500 luxury condos.

That pushed the valuation of the 600-acre Miami-area golf resort from $350 million ($A525m) to $1.5 billion ($A2.25b), Bloomberg calculated.

Eric Trump (L), executive vice president of the Trump Organization, said he’s “incredibly proud” of the company. Picture: AFP

Trump Media & Technology Group Corp., the parent of Truth Social, has also significantly impacted Trump’s balance sheet.

The company, which reported a $401 million net loss ($A601.5m) in 2023, briefly added $4 billion ($A6b) to Trump’s net worth in October.

Today, Bloomberg values his stake at $2 billion ($A3b).

The company is now pivoting to finance and Bitcoin.

The Trump family’s crypto-related business continues to expand.

American Bitcoin — a spin-off from a Trump-aligned investment bank — plans to go public in a merger with Gryphon Digital Mining Inc., a Nasdaq-listed penny stock.

Hut 8 Corp., a Bitcoin miner, transferred most of its mining equipment to American Bitcoin in exchange for a majority stake. The Trumps and their partners own 20 per cent of the business, which Bloomberg says is now valued at over $3 billion ($A4.5b), despite its main asset having a book value of just $120 million ($A180m).

US President Donald Trump speaks during a the White House Crypto Summit in Washington, DC. Picture: Supplied

The stablecoin USD1, issued by World Liberty, received a boost when Abu Dhabi-based MGX said it used the token to make a $2 billion ($A3b) investment in crypto exchange Binance.

Binance founder Changpeng Zhao — who pled guilty to US anti-money laundering violations and is reportedly seeking a pardon — is listed as an adviser to World Liberty, along with Sun and Bilal Bin Saqib, who chairs Pakistan’s Crypto Council.

Applying Circle Internet Group’s market cap-to-circulation ratio for USDC implies World Liberty could be worth $1.4 billion ($A2.1b), Bloomberg said, although the stablecoin was excluded from Trump’s net worth due to limited adoption.

Another sign of the Trumps’ deepening crypto ties is Eric Trump’s recent announcement that World Liberty Financial will acquire a “substantial position” in the Trump memecoin for its digital asset reserves.

Yet not all of the family’s ventures are fully visible. Bloomberg noted that several private efforts — including the members-only club Executive Branch in Washington, DC, and links to companies such as Metaplanet, Kalsh and BlinkRX — were not included in Trump’s net worth due to opaque financial disclosures.

A screen showing President Donald Trump holding cryptocurrency coins is seen outside a crypto exchange in Hong Kong. Picture: AFP

Trump’s crypto gains are also reflected in official financial filings.

His June 2025 disclosure lists more than $600 million ($A900m) in income from crypto-related activity and merchandise sales through the end of 2024.

The figures include $57.35 million ($A86.03m) from token sales at World Liberty Financial; $320 million ($A480m) in fees generated by the Trump memecoin (though it’s unclear how much went directly to Trump-controlled entities); over $400 million ($A600m) in decentralised finance activity involving World Liberty Financial and affiliated projects; and $1.16 million ($A1.74) from NFT and digital card sales.

Forbes last month estimated that Trump’s total crypto-related gains could reach up to $1 billion ($A1.5b), accounting for all token sales, fees, and future distributions. That figure includes both realised and unrealised gains and assumes Trump retains a large portion of proceeds from his various ventures.

The Post has sought comment from the White House and the Trump Organization.

This story first appeared in the New York Post and was republished with permission.