More and more companies are gaining value through their association with Trump’s ‘Make America Great Again (MAGA)’, and the money earned by these cryptocurrencies and companies far exceeds the more than $34 million in revenue that the Trump Organization earned last year through real estate licensing deals... (Background: The Trump family embraces cryptocurrency ‘from hatred’: admitted to being blocked and having funds frozen by banks) (Context: Trump is called ‘the most self-serving president in history’: two crypto dinners in May required $1.5 million to attend) This article is based on the article by Tom Maloney, Annie Massa, and Demetrios Pogkas ‘Trump’s $620 Million of Quick Crypto Riches Reshapes His Fortune’, published by Bloomberg News and compiled, translated, and written by ForesightNews. In December 2024, a photo of Donald Trump holding Bitcoin was displayed in a Coinhero store in Hong Kong, marking Bitcoin's price first breaking $100,000. On the surface, Donald Trump’s personal net worth appears to have changed little since his return to the White House: $6.5 billion on election day, now $6.4 billion. However, a deeper examination reveals that the way he and his family are consolidating their wealth empire has undergone an unprecedented and obvious transformation, and they are reaping benefits at a speed far beyond the past, leveraging their fame, influence, and power. Whether applying his brand to real estate projects or linking it to perfumes and mattresses, the Trump family has long utilized licensing agreements to make quick money, compared to before, real estate development typically required years of planning and execution cycles. Now, with cryptocurrency, the Trump family has further accelerated the monetization of their brand. Coupled with the relaxation of restrictions on overseas transactions during Trump's second term, all of this has created a wealth feast. According to Bloomberg's Billionaires Index, cryptocurrency investments have brought Donald Trump at least $620 million in wealth appreciation within months. This index has for the first time estimated the profits the Trump family received from projects such as World Liberty Financial and Trump Meme Coin (TRUMP). Trump's wealth is increasingly linked to cryptocurrencies and Memecoins. Data source: Bloomberg Billionaires Index (Note: does not include liabilities. The publicly traded assets in the latest valuation are as of the end of June.) More and more cryptocurrencies and lesser-known companies are gaining value through their connection with Trump and his ‘Make America Great Again (MAGA)’ movement, and the money earned by these cryptocurrencies and companies far exceeds the more than $34 million in revenue that the Trump Organization earned last year through real estate licensing deals. Eric Trump, Executive Vice President of the Trump Organization and Trump's second son, stated, “I am incredibly proud of our outstanding company; we have never been stronger.” Although President Trump’s assets are held in a trust fund managed by Donald Trump Jr., he personally still directly benefits from the success of the Trump Organization, and Bloomberg’s Wealth Index attributes the family’s various interests to this ‘patriarch’. Currently, many private investments involving Trump’s children have not yet been included, as the details of their financial interests remain unclear, including Washington’s private club Executive Branch, Metaplanet, which transitioned from a Japanese hotel company to a Bitcoin hoarder, broadcasting and podcast company Salem Media Group Inc., predictive market startup Kalshi, and online pharmaceutical retailer BlinkRX. Despite Trump and his children all venturing into the cryptocurrency space, since December, Eric Trump and Donald Trump Jr. have spoken at events in Abu Dhabi, Washington, Dubai, and Las Vegas, sometimes individually and sometimes together. However, one of the biggest drivers of Trump’s personal wealth is a domestic project that has been brewing for years. In January this year, Trump National Doral resort was approved to build about 1,500 luxury apartments on the site, a long-time goal of the Trump family, requiring extensive outreach with the community. Bloomberg estimates that this project has caused the value of this 600-acre, four-golf-course resort in the Miami suburbs, which has over 600 guest rooms, to skyrocket from $350 million to $1.5 billion. Meanwhile, there has been significant volatility in Trump Media & Technology Group Corp., the publicly listed social media company under Trump. As the parent company of Truth Social, the company reported a net loss of $401 million last year, but in October, it added more than $4 billion to Trump's wealth. Currently, even as the company attempts to enter the financial and Bitcoin sectors, Trump's stake is still worth up to $2 billion. However, the cryptocurrency project related to Trump has provided the family with new avenues for profit. One of the most notable is World Liberty Financial, a platform selling its own tokens and issuing a stablecoin called USD1. USD1 is a cryptocurrency intended to be pegged to the value of the dollar. The Trump family profits from this project through token sales, holding a portion of the parent company’s shares, and holding World Liberty Financial tokens. As of March, World Liberty had sold tokens worth $550 million, with approximately $390 million flowing to the Trump family. The Trump family also owns 22.5 billion tokens, which, based on the token’s transfer price in June, is valued at over $2 billion. Since these tokens are non-transferable, they are excluded from Trump’s net worth calculations, although the company has recently indicated that this may change soon. According to details on the company’s website, last month, the Trump family reduced its stake in World Liberty from 60% to 40%. It remains unclear who the buyer is and what the Trump family has gained from this divestment. World Liberty has also launched the stablecoin USD1. The Abu Dhabi-based technology investment firm MGX has stated it will use the token to invest $2 billion in the cryptocurrency exchange platform Binance, greatly increasing the circulation of USD1. According to reports from The Wall Street Journal, Binance founder Changpeng Zhao has been seeking a presidential pardon after admitting to violating U.S. anti-money laundering laws. He currently serves as an advisor to World Liberty alongside cryptocurrency industry leaders Justin Sun and Bilal Ben Saqib, the chairman of the Pakistan Cryptocurrency Committee. According to Bloomberg’s calculations, based on the market value of stablecoin issuer Circle Internet Group Inc. and the issuance of USDC...