Trump's wealth grows by billions

Trump's wealth grows by billions

The latest financial disclosure by US President Donald Trump reveals that he earned more than $1 billion from various income sources last year, including cryptocurrencies, equity, and real estate investments.

The report, released Wednesday, is about 927 pages long and provides the broadest picture yet of the growing wealth Trump has amassed since returning to the White House, including his stakes in companies co-founded by members of his family, according to CNN.

The disclosure showed that Trump made more than $526 million from sales of cryptocurrency tokens linked to World Liberty Financial, a company partly run by his sons Eric Trump and Donald Trump Jr., and that he also has other investments in the cryptocurrency sector worth millions of dollars.

In the real estate sector, Trump continued to generate substantial revenue from his properties, with Mar-a-Lago alone recording $77 million in revenue, compared to approximately $50 million reported in the previous financial disclosure.

The US president also continued to grant rights to use his name to a wide range of products and projects, generating substantial revenue and licensing fees, as the disclosure indicated that he received $635 million under a single agreement with Celebration Coins.

Post a Comment

Previous Post Next Post

Translate