President Donald Trump’s fortune has taken a turn toward digital assets, with crypto now making up a major share of his $6.4 billion net worth.
According to a new report from Bloomberg, crypto-related ventures have added at least $620 million to his wealth in just a few months. Interestingly, this figure outpaces the earnings from his longtime real estate business.
WLF is The Chief Source of Trump’s Crypto Wealth
Notably, Trump’s digital portfolio sees strength from multiple areas, but World Liberty Financial (WLF) is the major source. Specifically, the company runs a token sales platform and issues a stablecoin called USD1.
Trump and his family earned around $390 million from token sales alone. On top of that, they hold a 40% equity stake in WLF. Notably, Bloomberg values this at roughly $560 million based on comparisons to Circle.
Meanwhile, Trump’s holdings also include over 22 billion WLF tokens, which carry a notional value of $2 billion. However, Bloomberg excluded them from his net worth because they remain locked up and not yet tradable, though WLF recently suggested that may soon change.
WLF’s stablecoin, USD1, has grown rapidly and now has $2.2 billion in circulation. Bloomberg estimates that the reserves behind it could bring in about $100 million in yield this year. Trump’s share of this income likely forms another steady stream in his crypto earnings, though it remains speculative.
Trump’s Fortune from Memecoins
Further, another big crypto win came through a Trump-branded memecoin, launched earlier this year. Trump-linked entities, including Fight Fight Fight and CIC Digital, control 80% of the token supply. Bloomberg estimates that Trump has already cashed out around $150 million from memecoin sales and trading.
Moreover, an additional 800 million tokens, currently valued at more than $7 billion, will start unlocking later this month over a three-year schedule. These tokens are not included in his net worth yet, but they could boost it depending on market trends.
American Bitcoin and Non-Crypto Ventures
However, Trump’s crypto interests do not end there. In addition to these ventures, he also owns a 20% stake in American Bitcoin, a startup that plans to go public through a merger with Gryphon Digital Mining.
Notably, Bloomberg reports that the new entity is currently worth more than $3 billion, despite the mining equipment behind it having a book value of just $120 million. Based on that valuation, Trump’s stake could be worth around $600 million.
Meanwhile, Truth Social, the social media platform under Trump Media & Technology Group, remains one of the largest individual pieces of his financial portfolio. Despite reporting a $401 million loss last year, the stock still contributes $2 billion to his net worth.
Bloomberg also noted a major gain in real estate: Trump National Doral in Miami jumped in value from $350 million to $1.5 billion after local authorities approved plans to build 1,500 luxury condos on the property. This approval gave Trump a $1.15 billion boost from that asset alone.
An Overview of Trump’s Wealth
Altogether, Bloomberg outlined the makeup of Trump’s fortune: $390 million from WLF token sales, $560 million from his WLF equity stake, $2 billion in locked WLF tokens, $100 million in estimated yield from USD1 stablecoin reserves.
Further, the net worth also includes $150 million in cashed-out memecoin gains, $7 billion in vesting memecoins, $600 million from his American Bitcoin stake, and $2 billion from Truth Social. In addition, the President boasts a $1.15 billion gain from Doral rounds.
Bloomberg clarified that not every item appears in the $6.4 billion total. It excludes or discounts some assets, like the locked tokens and illiquid holdings, due to uncertainty around their market value.
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