According to Foresight News, the Trump family has significantly increased its wealth by $1.3 billion through investments in two cryptocurrency companies established less than a year ago. The companies, World Liberty Financial and American Bitcoin Corp, have shown substantial returns, contributing to the family's growing fortune. These gains are comparable to the value of the Trump family's long-held golf courses and resort properties, which have been symbolic of their wealth.
The Bloomberg Billionaires Index indicates that the Trump family's total wealth now stands at $7.7 billion. World Liberty Financial has added approximately $670 million to the family's net worth. Bloomberg's calculations do not include the $4 billion worth of tokens held by the Trump family, which are currently locked.
Eric Trump holds shares in American Bitcoin Corp valued at over $500 million. American Bitcoin, created in March for Bitcoin mining, saw its stock price surge when it first traded on September 3. These developments highlight the significant financial impact of the Trump family's involvement in the burgeoning cryptocurrency sector.
