Trump Family Wealth Surges With $1 Billion in Cryptocurrency Gains
Since Donald Trump began his second term as U.S. president, his personal wealth has grown significantly. Much of this increase is tied to cryptocurrency ventures developed and managed by him and his family, with reports indicating that these activities have generated profits totaling billions over the past year, reflecting a mix of market trends and business initiatives.
In brief
- Donald Trump’s personal wealth has grown considerably during his second term, largely through cryptocurrency ventures connected to him and his family.
- Trump’s cryptocurrency activities generated over a billion in pre-tax profits last year, supported by policies favorable to the crypto market.
- Memecoins, including the Official TRUMP and Official MELANIA tokens, produced hundreds of millions in combined profits.
Family Earnings Soar Through Trump-Linked Crypto Ventures
A key part of this increase comes from World Liberty Financial (WLFI), a company founded by Trump’s sons in partnership with the sons of business envoy Steve Witkoff. The Financial Times reports that the WLFI venture earned roughly $550 million from token sales.
In his financial disclosure for 2024, President Trump reported $57.3 million in personal income from the company. The family’s WLFI stake rose to $5 billion after a token unlock last month, which made previously restricted tokens tradable and increased the value of their holdings.
According to a Financial Times investigation, Trump’s cryptocurrency activities generated more than $1 billion in pre-tax profits over the past year. The report credits part of this growth to heightened activity in the cryptocurrency market, which was partly driven by policies put in place during Trump’s administration that favored the sector. Eric Trump, the president’s son, confirmed the profit increase and stated that the actual amount could be even higher.
Meanwhile, during Trump’s campaign, he received significant support from the crypto community, with contributions from U.S. firms such as Coinbase, Ripple Labs, and Circle to both his campaign and inauguration fund. This support reflected his pro-cryptocurrency policies, which helped create favorable conditions for the growth of his family’s digital asset ventures.
Trump Family Revenue From Tokens and Digital Collectibles
The Trump family has also earned substantial profits from memecoins, including the Official TRUMP token and the Official MELANIA token. According to reports, their earnings break down as follows:
- The Official TRUMP token generated $362 million in profit
- The Official MELANIA token accounted for $65 million in profit
- Combined revenue from token sales and trading fees reached hundreds of millions of dollars
In addition to tokens, the US president has earned millions from the sale of digital trading cards. These collectibles depict him in various themed illustrations, including superhero and motorcycle imagery, and represent another revenue stream from digital assets.
Corporate Cryptocurrency and Treasury Initiatives
Turning to corporate cryptocurrency ventures, the startup that issued Trump’s official memecoin is seeking at least $200 million in funding to create a digital-asset treasury company, designed to purchase the memecoin and help stabilize its market value.
In addition, ALT5 Sigma Corporation plans to raise $1.5 billion by issuing 200 million common shares at $7.50 each. The funds are aimed at acquiring WLFI tokens, launching corporate cryptocurrency treasury operations, and meeting financial obligations. These corporate initiatives, coupled with political influence and strategic structuring, appear to have played a significant role in the growth of Trump’s personal wealth since his presidential inauguration.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Ifeoluwa specializes in Web3 writing and marketing, with over 5 years of experience creating insightful and strategic content. Beyond this, he trades crypto and is skilled at conducting technical, fundamental, and on-chain analyses.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.