In his first year as president, Trump's net worth skyrocketed by $1.4 billion, from $5.1 billion to $6.5 billion, earning him the title of the richest sitting president in US history, according to Forbes.
The money primarily came from three sources: $850 million from cryptocurrency, $520 million from the appreciation of traditional real estate and golf courses, and most impressively, a New York court overturned a $517 million civil penalty, instantly reducing his debt to zero.
He used to be a staunch opponent of crypto, publicly calling Bitcoin a scam and worthless. However, after tasting success with NFT avatar cards in 2022, he completely changed his tune.
Three days before his inauguration in 2025, $TRUMP launched, with his family holding 80% of the shares. The price surged from $7 to $74 in 48 hours. Retail investors who bought at the peak lost $2 billion, while the family made $100 million in transaction fees alone.
Even more impressive, the top 220 holders received a private dinner, the top 29 received VIP one-on-one sessions at Mar-a-Lago, and summit seats were also determined by token holding rankings. It's blatantly selling tickets to access power.
He also fully supports this on the policy front: establishing a strategic Bitcoin reserve, introducing a series of favorable regulations, and elevating cryptocurrency to a national security level. Democrats are furious, criticizing it as an unprecedented conflict of interest, while the White House claims it has been placed in a trust for his children.
But this is completely different from traditional independent and blind trusts. Trump's strategy of turning his presidency into a money-making asset has indeed earned him nearly 10 billion dollars a year. But when power and money are completely intertwined, and ordinary people who bought at the peak suffer huge losses, we have to ask: can politics still maintain even a basic level of cleanliness?