Summary
- Bloomberg reported that the Trump family’s net worth is about $6.8 billion, with roughly 20% tied to crypto-related assets.
- The Trump family’s crypto holdings were built through World Liberty Financial (WLFI), Official Trump (TRUMP), and American Bitcoin (ABTC), among others.
- Bloomberg said that while the family has amassed substantial assets through crypto, their net worth did not rise significantly due to a sharp drop in the share price of Trump Media & Technology Group (TMTG).
About 20% of the net worth of U.S. President Donald Trump’s family is made up of crypto (cryptocurrency)-related assets.
On the 20th (local time), Bloomberg estimated the Trump family’s total net worth at about $6.8 billion, reporting that roughly $1.4 billion of that was built through crypto projects. This marks a sharp increase in the crypto share of the family’s portfolio, which had previously been centered on real estate.
According to the outlet, the Trump family’s crypto-related assets were created through three channels: World Liberty Financial (WLFI), the memecoin Official Trump (TRUMP), and the bitcoin mining company American Bitcoin (ABTC).
However, Bloomberg said that despite the family securing substantial assets through crypto, their net worth did not rise significantly due to a sharp plunge in the share price of their core business, Trump Media & Technology Group (TMTG).
The outlet added that criticism continues to mount that the Trump administration’s crypto-friendly policies are directly contributing to the Trump family’s wealth accumulation.
