Trump’s wealth up $1.4bn in a year: “Thanks to crypto business”

Donald Trump’s wealth has increased by $1.4 billion (about $2 trillion won) over the past year, driven by his cryptocurrency ventures and other factors.

Forbes reported on the 10th (local time) that Trump’s net worth rose by $1.4 billion from a year earlier to $6.5 billion (about 9.5 trillion won). By net worth alone, that places him 645th among the 3,428 billionaires tracked by Forbes worldwide. Over the past year, he jumped 55 spots, from 700th last year to 645th this year.

Forbes cited the cryptocurrency business as the key factor behind the increase in Trump’s wealth. In September 2024, the Trump family launched the crypto project “World Liberty Financial (WLFI).” Forbes said, “(The Trump family) is estimated to have generated about $550 million in revenue over the past year from token sales issued through World Liberty Financial.”

There were also gains from selling a stake in World Liberty Financial. Abu Dhabi-based investment firm Aryam Investment is reported to have recently acquired a 49% stake in World Liberty Financial. Forbes said, “That deal likely enabled Trump personally to secure an additional roughly $200 million.”

Trump is also said to hold not only World Liberty Financial tokens but also the meme coin Official Trump (TRUMP). Forbes estimated that “the value of the two tokens held by Trump totals $570 million,” adding that “Trump still holds a 38% stake in World Liberty Financial.”