Donald Trump has claimed, many times over the years, that he has sacrificed money and opportunities by getting into politics, when he could have remained in the private sector. These claims have often been treated with skepticism, and now a new report has enumerated how much money the president and his family have made off the presidency.
The report is from The New Yorker, and it points out that while Trump, in his first term, had promised not to do business deals overseas while president, he has made no such promises this time around. And as a result, “The Trumps are now cashing in on five major deals in the Persian Gulf alone.”
The New Yorker cites Forbes as stating that Trump’s worth doubled in the previous year, thanks to his crypto coin, the value of Truth Social, and other business deals.
Overall, the report estimates that Trump and his family’s net worth have increased by $3.4 billion since the beginning of Trump’s time in politics.
Trump is cashing in on the presidency. But exactly how much is he making? I spent months of reporting to add it up: https://t.co/nYryriMhaX
— David D. Kirkpatrick (@ddk_nyc) August 11, 2025
Stay up-to-date with the latest news!
Subscribe and start recieving our daily emails.
“The total is an estimate, as the Trump Organization and its various auxiliary companies and ventures — which are largely under the control of the president’s adult children — have not been entirely transparent regarding their finances,” Rolling Stone says of the report, as Trump’s company is a private entity that does not release quarterly earnings.
The majority of that comes from the crypto meme coin, which would likely not have reached the value it has had if Trump had not been elected president.
“The New Yorker estimated that the president’s various cryptocurrency had generated at least $2.37 billion in value, financial investments coordinated by Donald Jr. and Eric Trump have generated $339.6 million, and Trump’s flagship Mar-a-Lago resort in Palm Beach, Florida, has raked in $125 million in extra profits.
It does not appear that any laws or investigations can touch any of that money.
“By the time I finished adding up the Trump family’s profits, I was almost inured to it all. To address conflicts of interest among elected officials, U.S. laws generally require only disclosure, allowing voters to judge any self-dealing for themselves,” the New Yorker author writes. “Nobody can say that Trump has failed to disclose his recent money-making; he might as well have shouted about $TRUMP from the White House roof. And only his fans have been shelling out for $TRUMP or Trump sneakers, or sending fifty-dollar campaign donations that get diverted to pay his legal fees. His critics have always called MAGA a movement of suckers.”
Photo courtesy of the Political Tribune media library.
