Trump Pocketed At Least $1.4 Billion in First Year Back in Office in Unprecedented 'Exploitation of the Presidency'
Common Dreams • • business
Key Points:
- An analysis by the New York Times editorial board reveals that President Donald Trump and his family personally gained at least $1.4 billion during his first year back in office, amid widespread cuts to healthcare and food assistance for millions of Americans.
- Trump's largest income source was cryptocurrency investments, generating at least $867 million, with some estimates suggesting the true figure could be several billion due to unreported assets and gains.
- Foreign governments and corporations have sought to influence Trump through real estate deals, licensing his name overseas, and direct payments, including a $2 billion investment from the UAE into a Trump crypto startup and a $400 million jet from Qatar.
- Trump has also profited from settlements with major media and tech companies, accumulating an
