Crypto Now Accounts For Most Of Donald Trump's Net Worth

[douglas9]

Donald Trump was a real estate developer, then a TV character, then a social-media mogul. Now, he’s a crypto kingpin. A majority of his fortune, an estimated $3.3 billion of his total $5.5 billion, lies in the buzzy industry, which the president has tapped for cash and worked to promote.

The latest shift occurred last month, when the Trump Media and Technology Group announced a change in its business strategy. The venture started as a social-media effort, releasing Truth Social to give Trump a platform after Twitter and Facebook booted him. Truth Social never turned into much of a business, generating about $4 million of revenue and more than $100 million of losses a year.

Investors flocked to the Trump Media and Technology Group nonetheless, valuing the publicly traded firm at $5.7 billion. With little to back up that valuation, the company announced a plan last month to bolster its balance sheet by accumulating Bitcoin. About 50 institutional investors handed over more than $2 billion in a stock-and-debt deal to allow Trump’s business to purchase crypto. Given that the Truth Social business is so small, the new plan immediately transformed Trump’s company from a social-media play to a Bitcoin bet. The president’s stock in the company is worth $2.4 billion, accounting for roughly 45% of his overall fortune.

Trump has other crypto ventures as well. He got into the space in 2022, launching cartoonish digital-trading cards, which sold out almost immediately and routed more than $7 million to the cash-hungry developer.

https://www.forbes.com/sites/danalexander/2025/06/12/crypto-now-accounts-for-most-of-donald-trumps-net-worth/

[JCMach1]

1. Translated, cryptolaundered BRIBES now make up the majority

Of his wealth.

And, they made Jimmy give up his peanut farm.

Grrrrrrr