Updated
Updated · Bloomberg · May 12
Trump Family Gains $660 Million From $1.55 Billion World Liberty Token Sales
Updated
Updated · Bloomberg · May 12

Trump Family Gains $660 Million From $1.55 Billion World Liberty Token Sales

1 articles · Updated · Bloomberg · May 12
  • $1.55 billion in World Liberty Financial token sales added about $660 million to the Trump family’s fortune after previously undisclosed transactions were included in Bloomberg’s wealth calculations.
  • The sales expose a significant new income stream for President Donald Trump’s family, extending beyond public disclosures tied to the crypto venture.
  • Since late 2024, the Trumps have collected hundreds of millions of dollars across a broader crypto portfolio that includes Bitcoin mining and a Trump-branded memecoin.
What are the global risks when a president's family operates a stablecoin entangled in multi-billion dollar international deals?
With insiders gaining billions from memecoins, what protects retail investors from the market's 'pump-and-dump' risks?
How does centralized control in new financial ventures align with the core principles of decentralized technology?