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📅 July 3, 7:00 – July 9,
The amount earned by US President Donald Trump from Cryptocurrency Ventures has been revealed! Here are the unbelievable figures.
It has been reported that President Donald Trump and his family have earned 620 million dollars from cryptocurrency ventures in recent months.
According to the updated version of the Bloomberg Billionaires Index, Trump's total wealth remains at 6.4 billion dollars, while cryptocurrency projects now constitute a significant portion of his wealth.
Previous reports had indicated that Trump had earned over $600 million from various ventures including golf clubs, licensing agreements, and crypto. However, this new report includes the first detailed accounting of the Trump family's expanding crypto investments, such as NFT collections, the decentralized finance (DeFi) project World Liberty Financial, and memecoins.
According to Bloomberg, the Trump family earned $390 million from the token sale of World Liberty alone, and $150 million from the official Trump memecoin launched in January. It is noted that these earnings could further increase with the expansion of crypto ventures.
The Trump family also owns a 20% stake in the crypto mining company American Bitcoin. This company plans to go public by merging with Gryphon Digital Mining. American Bitcoin was founded in partnership with the mining firm Hut 8 and the infrastructure provider America Data Centers, and aims to create a treasury reserve with the Bitcoins it produces.