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How Much Has Donald Trump Earned from Revealed Cryptocurrency Projects – This Is an Incredible Number
U.S. President Donald Trump and his family are reported to have earned $620 million from cryptocurrency projects in recent months. According to the updated version of the Bloomberg Billionaires Index, Trump's total wealth remains stable at $6.4 billion, while cryptocurrency projects now account for a significant portion of his assets. Previous reports have indicated that Trump has earned over $600 million from various projects including golf clubs, licensing deals, and cryptocurrency. However, this new report includes the first detailed report on the Trump family's expanding cryptocurrency investments, including NFT collections, the decentralized finance project (DeFi) World Liberty Financial, and memecoin. According to Bloomberg, the Trump family earned $390 million just from the sale of the World Liberty token and $150 million from the official Trump memecoin launched in January. That income could increase as their cryptocurrency projects expand. The Trump family also owns 20 percent of the shares in the cryptocurrency mining company American Bitcoin. The company is expected to go public through a merger with Gryphon Digital Mining. American Bitcoin was founded with the mining company Hut 8 and the infrastructure provider America Data Centers, aiming to create a reserve of Bitcoin produced by this company.