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Politics11:45 · Jul 2

Trump Amasses Over $2 Billion During First Year Back in White House, Mainly from Crypto and Real Estate

MakoCenter
Translated & summarized from Mako by baba
The story · English

Newly released official documents reveal that former U.S. President Donald Trump earned more than $2.2 billion in his first year back in the White House. This represents a sharp increase of approximately $1.6 billion compared to his income before resuming office in 2024, when he reported earnings of over $600 million. The dramatic rise in Trump's wealth is largely attributed to his extensive holdings in cryptocurrencies and related ventures, sectors that benefited from regulatory easing under his administration.

Trump's reported assets reached at least $2.4 billion last year, up from $1.6 billion in 2024 and $1.4 billion in 2019, though the actual value is likely higher since he is not required to disclose exact figures. Alongside crypto profits, Trump also significantly boosted income from his real estate properties, particularly his Florida estates. Since early last year, he has visited these properties over 20 times, hosting million-dollar-per-plate fundraising dinners, foreign leaders, and Republican Party events. Business and political groups have also held events at these venues.

The Mar-a-Lago club saw a notable increase in revenue after Trump raised membership fees to $1 million shortly before his re-election. CNN reported that the resort allows guests occasional interactions with Trump, who often dines in areas accessible to visitors. Additionally, Trump earned nearly $60 million from licensing agreements with foreign real estate companies in countries such as Vietnam and India, permitting them to use the "Trump" brand for hotels, golf courses, towers, and other projects.

Critics have repeatedly accused Trump of leveraging his presidential power to expand his wealth, a claim underscored by the unprecedented financial gains documented during his current term. No other sitting U.S. president has reportedly capitalized on their office to such an extent economically.

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