politicsliberal
Trump's Family Fortune: A Closer Look
Washington, USAWednesday, May 14, 2025
The Trump family is getting richer by the day from these deals. This raises concerns about whether the president might make policy decisions to benefit his business partners, which is essentially corruption. The family's cryptocurrency, $TRUMP, is a prime example. It has no real value except what people are willing to pay for it. The family markets it as a collectible, like a trading card. But every time someone buys a coin, the family gets a cut. Recently, the president offered perks to the top buyers, including a dinner at his Virginia golf club and a tour of the White House. The top spenders shelled out at least $174 million for these coins.
The United Arab Emirates has also invested $2 billion into the Trump family's new cryptocurrency venture, World Liberty Financial. This company, led by Eric Trump and Donald Trump Jr. , is set to make tens of millions annually from this investment. This is just one of the many ways the Trump family is turning the presidency into a profitable business.
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