Trump's crypto fortune tops $1.4 billion from memecoin, World Liberty Financial, and blockchain stocks
By
Camila Grigera Naón
Summary
President Donald Trump has become a crypto billionaire, with his memecoin and family crypto company World Liberty Financial generating over $1.2 billion combined. According to a U.S. Office of Government Ethics filing, Trump's business entities earned more than $635 million in royalty income from his memecoin and nearly $600 million through World Liberty Financial, which he cofounded with his three sons. The filing also reveals Trump holds investments in blockchain-related stocks and more exotic cryptocurrencies, including a stake in Michael Saylor's Strategy (formerly MicroStrategy).
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Key quotes
· 3 pulledPresident Donald Trump is officially a crypto billionaire, with proceeds from his memecoin and family crypto company accounting for the bulk of his digital assets fortune.
Trump's business entities generated more than $635 million in royalty income from his memecoin and almost $600 million through World Liberty Financial.
The commander-in–chief has also shown an appetite for blockchain-related stocks and more exotic cryptocurrencies, according to a filing from the U.S. Office of Government Ethics released on Tuesday.
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