Forbes Report Shows Trump Family Profiting Big From The Presidency, Sparks More Corruption Claims

Donald Trump, and especially his children, has gotten a lot richer since the start of his second presidency.


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Donald Trump, it’s clear, has gotten a lot richer since taking over the presidency. Forbes, this week, laid out exactly how much richer.

Per Forbes, while the president just had “the most lucrative year of his life,” his three sons, Don. Jr., Eric and Barron, “did even better.”

“Crypto is the big driver, but additional funds have come from advising right-wing companies in America and partnering with cash-rich firms overseas, especially in the Middle East,” the Forbes report said.

“Family members who never had significant fortunes of their own—Eric, Don Jr., Barron and Melania—have accumulated tens, then hundreds of millions of dollars. All told, the family (including the president’s son-in-law, Jared Kushner) is now worth an estimated $10 billion, having nearly doubled its net worth since last year’s election.”

All of the listed net worths are estimates, based on Forbes’ methodology, and may not be accurate down to the dollar.

Trump himself is now worth an estimated $7.3 billion, per Forbes, a jump of $3 billion in just a year. Two thirds of the increase comes from his investment in crypto, while his net worth also received a “$500 million boost” when an appeals court threw out his civil fraud penalty in New York.

The president has shot up the Forbes 400 list of richest people, although he is now only at #201.

And while Ivanka Trump and her husband Jared Kushner are not working in the administration in the second term, they have profited from the launch of a private equity firm.

“Leveraging the relationships he’d built as a presidential advisor, Kushner raised $4.6 billion from backers in Qatar, Saudi Arabia and the UAE and has invested more than $2 billion in 22 companies. The firm is valued at an estimated $215 million,” Forbes reported. Between that, and the increased value of Kushner’s real estate holdings, the former first son-in-law is now a billionaire.

Eric Trump’s net worth, per Forbes’ estimation, is now up to $750 million, while Don Jr.’s is $500 million. Barron Trump has a listed net worth of $150 million, which likely makes him the nation’s wealthiest college sophomore.

Barron, per Forbes, “pocketed an estimated $80 million from token sales and still holds an estimated 2.3 billion locked-up tokens, which Forbes heavily discounts because they can’t yet be traded.”

Photo courtesy of an X screenshot. 


Stephen Silver
Stephen Silver is an award-winning journalist, essayist and film critic, and contributor to the Philadelphia Inquirer, the Jewish Telegraphic Agency, Broad Street Review and Splice Today. The co-founder of the Philadelphia Film Critics Circle, Stephen lives in suburban Philadelphia with his wife and two sons. Stephen has authored thousands of articles that focus on politics, technology, and the economy.

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