Understanding King Trump, this former president, actually turned the White House throne into a personal ATM machine, crazily making 3.4 billion dollars! A record-breaking amount in American history!
Where does this money come from? Let me tell you, it will definitely open your eyes, especially the last trick, which is linked to the cryptocurrency world, and the beginning is incredibly exciting!
Back in 2017, when Trump was just elected, reporters kept asking: 'With such a vast business empire, how can you guarantee you won't take the country's money as president?' He directly retorted, 'Our president has a “no conflict of interest clause”!' (Inner thought: What clause? It’s just a shield he made up!) He even pretended to refuse a 2 billion dollar deal from Middle Eastern tycoons, letting his two sons run the company. His lawyer also confidently promised 'never to abuse power.' So what happened? A slap in the face!
Didn’t they say 'no new overseas businesses'? They turned around and signed a bunch of big contracts in the Middle East, counting money until their hands hurt. The Saudi crown prince directly invested 2 billion dollars, the Qatari tycoon gifted a luxury plane... Moral experts were left dumbfounded: 'When it comes to using public office to make money, Trump is definitely “unprecedented”!'
How exactly did he rake it in? The methods are wild!
1. Mar-a-Lago turned into a 'power holy land': This place was originally a high-end clubhouse, and once King Trump became president, its value skyrocketed! The membership fee soared from 20,000 dollars to a million dollars! Just from this, he made at least 125 million dollars! While other presidents rely on fundraising, he directly 'sells' opportunities to meet him, pure and straightforward!
2. The fans' wallets are 'ATMs': The campaign team spent over 20 million dollars at his own hotel; 18 million dollars on campaign plane rentals; even more outrageous is setting up an online store, selling hats, beer sets, etc., competing with campaign merchandise, easily raking in 17 million dollars! There’s also selling books, shoes, perfumes, and even the Bible... another 27.7 million dollars from licensing fees!
The most outrageous part is that political donations from fans were used to pay over 100 million dollars in personal legal fees (hush money, fraud, etc.), this operation is something else!
3. Middle Eastern tycoons are the 'golden thighs': After his son-in-law Kushner stepped down, he immediately secured 2 billion dollars from the Saudi sovereign fund to start an investment company, effortlessly collecting management fees, and he can pocket 320 million dollars himself! The Trump Organization signed several high-priced hotel management contracts in the Middle East, raking in at least 100 million dollars. This presidential identity is practically a 'super VIP pass' in the Middle East!
The climax has arrived! Entering the cryptocurrency world, the scene changed dramatically! ⚠️
The previous 'traditional skills' are already shocking, but King Trump's family's recent money-making methods have directly crashed into the new cryptocurrency track, playing even bigger!
'Trump Coin' has emerged! Trump himself got involved, licensing his name for a project called 'Trump Digital Trading Card' (which is NFTs), making at least 1 million dollars from fans! This is just a small trial.
His own son also issued coins! Young Donald is even bolder, directly launching a meme coin called 'TrumpCoin' (the kind that is purely speculative 'meme coin'), riding on his father's popularity, instantly reaching a market value of 380 million dollars! Although he claims not to be involved, the name, the timing... those who understand, understand! (Now the coin price has plummeted, and those who bought high are crying in the bathroom).
'Trump Media' hides secrets! The parent company of his social media company Truth Social (DWAC) recently announced plans to venture into blockchain and cryptocurrency payments! As soon as the news broke, stock prices soared, and the value of the shares in King Trump's hands skyrocketed by 1.3 billion dollars! This is simply using the 'crypto concept' as a stock price stimulant!
A bunch of knockoff coins with names like 'Trump' and 'MAGA' popped up on the market, frantically trying to ride the wave. As long as King Trump mentions cryptocurrency on social media (even just saying 'I accept Bitcoin donations'), the related coins immediately skyrocket. He has become the 'king of shouting orders' in the crypto world, with an influence that is frightening!
So, this astonishing figure of 3.4 billion dollars is the result of King Trump maximizing presidential power. From the exorbitant ticket prices at Mar-a-Lago, to the crazy harvesting of fan economy, to the 'friendly sponsorship' from Middle Eastern tycoons, and finally crashing into the cryptocurrency world, making a killing through name licensing, his sons issuing coins, and the company capitalizing on trends, all in the wildly fluctuating cryptocurrency market! Especially in the crypto sector, the operations are more covert, faster, and the regulation is more ambiguous, it’s simply the 'Monetization of Power 2.0'.
The influence of being president has become the magic wand for him and his family to turn stones into gold, especially in the 'wild west' of the cryptocurrency world... Just how deep is this money bag? Are the boundaries between power and money becoming increasingly blurred? This 3.4 billion is probably just the tip of the iceberg, and this 'Trump money-making universe', especially the new chapter in the crypto world, feels far from its grand finale... It’s chilling to think about! What do you think?
