The fortune of US President Donald Trump has increased by about $2.7 billion in the first year of his second term, according to estimates by the economic magazine “Forbes“, BTA reported.
According to the publication, by the end of the first year of his inauguration on January 20, Trump's fortune amounted to about $6.6 billion, compared to $3.9 billion at the end of 2024. A year earlier, before the start of the election campaign, his wealth was estimated at $2.6 billion.
“Forbes“ notes that not only the size, but also the structure of Trump's wealth has changed significantly. In addition to traditional assets such as real estate, golf courses, resorts and a licensing business with his name, an increasing share is occupied by crypto assets and the publicly traded “Trump Media and Technology Group“ (TMTG) – the parent company of the social network “Truth Social“ (Truth Social).
Due to fluctuations in the crypto markets, Trump's fortune has decreased slightly in recent months. In September last year “Forbes“ estimated him at over $7 billion. Shortly before taking office, Trump launched his own cryptocurrency – the so-called $Trump memecoin, from which, according to the publication, he probably made hundreds of millions of dollars. He and his sons also have a stake in the crypto platform “World Liberty Financial“ (World Liberty Financial).
Suspicions of conflict of interest have accompanied Trump since the beginning of his term, notes “Forbes“. Unlike most of his predecessors, he did not transfer his assets to a “blind trust“, but left the management of his companies mainly to his sons. The publication states that the “Trump Organization“ has made deals in countries such as Qatar, Saudi Arabia and the United Arab Emirates, while these countries have been negotiating with the US government on trade and arms agreements.
Critics of the president claim that he has turned his position into a lucrative business. American economic journalist Ali Velshi wrote that in the “Forbes“ ranking, the source of Trump's wealth should no longer be “real estate“, but “the presidency“, writes the German N Te Fau.