3 days ago
$3.4 billion payday? Report says Trump family cashed in big from White House years
During Donald Trump's time in the White House, his family amassed an estimated $3.4 billion through various ventures, including cryptocurrency projects, real estate, and merchandise sales. Critics argue that Trump blurred the lines between public office and private gain, particularly through his children's management of business transactions, which circumvented traditional disclosure requirements.
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Where did the $3.4 billion come from?
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How has Donald Trump combined business and politics?
Why is this legally tricky but politically effective?
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What does this mean for Trump's brand?
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It's no secret that US President Donald Trump has blurred the distinction between politics and business. However, a new analysis estimates that the Trump family has made a staggering $3.4 billion during their time in the White cryptocurrency ventures to golf resorts, licensing deals to merchandise, the Trumps have used their political platform in ways that critics say are unprecedented in modern American history. While much of it takes place in the public eye, the true money trail remains largely hidden, as per a report by the Rolling to The New Yorker, the majority of the Trump windfall, around $2.37 billion, came from cryptocurrency projects linked to the family. Financial investments led by Donald Trump Jr. and Eric Trump reportedly increased by $339.6 of the profit is attributed to his children's management of business transactions, which avoids traditional political disclosure requirements, as per a report by the Rolling Trump's iconic Mar-a-Lago resort generated an extra $125 million in profit, thanks in part to the publicity and exclusivity associated with Trump's political brand. Add $127.7 million in merchandise sales and legal fees, as well as a budding media network worth approximately $116 million, and you can see how the Trump empire grew during and after his critics claim he has been willing to blur, or erase, the line between public office and private gain. Last month, during an official state visit to Scotland paid for by taxpayers, Trump took the time to open a new golf course near Aberdeen. He also hosted British Prime Minister Keir Starmer at his private Turnberry resort, which is likely to boost the club's reputation and revenue, as per a report by the Rolling to reports, he has even discussed hosting major global summits such as the G20 at his Doral golf club, echoing similar proposals from his first term that were heavily criticized for potential conflicts of sitting presidents are subject to strict rules regarding personal investments, Trump has largely avoided direct violations by having his children handle the transactions. This "family-run" model has created a legal loophole, allowing profits to flow while protecting certain transactions from public scrutiny, as per a report by the Rolling contrasts sharply with Trump's frequent claims that political opponents used public office for personal gain. Critics argue that no other first family has so aggressively monetized the presidency, while supporters see it as a sound business from fading, the Trump brand has grown into a global network of investments, luxury properties, and digital ventures, all driven by the presidency's visibility and influence. Whether you see it as entrepreneurial genius or an ethical red flag, one thing is certain: the Trump era has been extremely beneficial to Trump's financial estimated $3.4 billion in various business his adult children, which helps him avoid certain political disclosure laws.
