US EditionThe Trump Family Has Raked in $3.4 Billion over His Two Presidencies, New Report Says
The Trump family profited $3.4 billion from real estate, crypto ventures, and event hosting during the presidency, with $1.3 billion reportedly from cryptocurrency alone.
- The New Yorker reported Monday that President Donald Trump and his family have pocketed an estimated $3.4 billion from his time in the White House.
- Before his second term began, family businesses hurried to milk the presidency for profit, an analysis from The New Yorker published Monday examined how the Trump family has made billions since 2017.
- The analysis details $2.37 billion from cryptocurrency, $339.6 million from financial ventures, and an estimated $385 million in profit from the coins $TRUMP and $MELANIA.
- White House Press Secretary Karoline Leavitt responded to The Independent, saying, `'the claims that he profited from his time in office are absolutely absurd,' and added the President has lost hundreds of millions of dollars.'
- The same week, reports show Trump, President, discussed hosting the G20 summit at his Doral golf club, with The New Yorker highlighting Gulf real estate profits.
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BlackPressUSA+3 Reposted by 3 other sources
How Trump and His Family Made a Billion Off the White House
By Stacy M. Brown Black Press USA Senior National Correspondent Donald Trump’s second stint in the White House has proven to be a gold mine — for Donald Trump. An investigation by The New Yorker has tallied more than $1 billion in personal and family gains tied directly to his two presidencies, from foreign mega-projects to luxury perks and merchandise sales that blur, if not obliterate, the lines between public office and private profit. When T…
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Total News Sources11
Leaning Left7Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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