Mr. Trump's assets skyrocket
According to Forbes, President Donald Trump's net worth has skyrocketed by about 3 billion USD since 2024. This financial increase has changed Mr. Trump's position among the richest people in the US, attracting the attention of financial experts nationwide.
Currently, Donald Trump is ranked 201/400 on the Forbes list. Mr Trump has risen 118 places after his personal fortune increased sharply last year.
According to CNN, in 2016, Mr. Trump's assets were about 3.7 billion USD. The COVID-19 pandemic and several lawsuits have weakened the property, sending it to a low of $2.5 billion in 2020. This is also considered the most difficult period financially.
According to MoneyWeek, this decline is noteworthy, as Mr. Trump had previously claimed to have personal assets exceeding the threshold of 10 billion USD, but this claim "has not been verified". Forbes said that by 2024, he had accumulated 4.3 billion USD.
Experts say Trump's portfolio includes real estate, luxury hotels and licensed brands - areas that do not help him avoid a sharp decline due to the pandemic market crisis. Up to this point, the value of assets has decreased and Mr. Trump's real net assets are still a topic of debate, even in the financial analyst world.
According to Forbes, Mr. Trump's net worth has recovered spectacularly after leaving office, increasing to 7.3 billion USD. This financial gain is largely due to new risk and investment, including the launch of Truth Social and a spike in investments in cryptocurrencies he owns after the 2024 election victory.
wired reported that much of this growth comes from Mr. Trump's stake in Trump Media & Technology Group, a company's stock that has skyrocketed after he was nominated as president.
Bloomberg reported that Mr. Trump's family's assets have increased more than double, to about 6.4 billion USD after he announced his re-election campaign at the end of 2022.
Mr. Trump and the cryptocurrency project
An important factor in Mr. Trump's financial transformation is the World Liberty Financial cryptocurrency project, launched by him and his three sons in September 2024. The US president later introduced a memecoin, which helped him increase his "hundreds of millions of dollars" in the financial fund right before returning to the White House.
In the article "Forbes' 39th annual World Billionaire List: More than 3,000 People with Assets worth 16 trillion USD" by Forbes, he commented: "The number of billionaires with more successful years than Donald Trump is much small and this is not simple because he has returned to the White House".
Before his return, Mr. Trump quickly increased his assets by switching to the field of cryptocurrency. With Trump Media & Technology Group making its public debut after Forbes announced its 2024 list, his total net worth has increased from $2.3 billion to $5.1 billion.
The cryptocurrency project is considered a "gold mine" for members of the Trump family. According to Forbes, Barron Trump, although only 19 years old and currently studying at Stern Business School of New York University, also has a net worth of about 150 million USD.
