Donald Trump’s investment revealed: US presidential candidate profits from gold, stocks and cryptos
2 min readThe current U.S. presidential candidate Donald Trump is a billionaire. He has diverse income sources and investments. In August, the candidate for the U.S. presidency, former President Donald Trump, disclosed his finances. The transparency report, cited by CNN and said to be about 250 pages long, reveals some rather interesting investments by the 78-year-old.
Trump’s stock market investments
According to the report, most of Trump’s wealth, which is estimated by Forbes to be around 3.8 billion USD, is tied up in the Trump Media & Technology Group, the parent company of the social network Truth Social. With about 115 million shares reportedly in his possession, this portion of his wealth alone is valued at more than two billion USD, based on the current stock price of approximately 17.40 USD. Additionally, the presidential candidate is heavily invested in the cryptocurrency sector. Trump has invested between one and five million USD in the second-largest cryptocurrency, Ethereum, although it is unclear when he acquired the coins of Bitcoin’s competitor or whether he has already made a profit.
Trump has also reportedly invested a six-figure sum in gold.
Other income sources of Donald Trump
In addition to the mentioned investments, the transparency report reveals further income sources. Trump has received more than 12 million USD from licensing agreements with two LLCs—7.2 million USD of which reportedly came from a “license agreement with NFT INT, LLC,” the company that sells digital NFT “collectible cards” featuring the former president.
Furthermore, Trump’s books “Letters to Trump” and “Our Journey Together” brought in another five million USD, while the project “The Greenwood Bible,” which Trump collaborated on with country singer Lee Greenwood, added an additional 300,000 USD to the businessman’s income.
Donald Trump also earned significantly more from his prestigious project, the Mar-a-Lago Club in Palm Beach, Florida, generating about 57 million USD in revenue. However, this was less than the 65 million USD that his previous filing showed had been added to Trump’s wealth.
Donald Trump also has liabilities
Alongside his earnings from various projects, the transparency report also reveals Trump’s liabilities. The politician owes more than 50 million USD after losing court cases. However, these liabilities have been suspended as Trump has appealed the rulings.
Melania Trump’s income also disclosed
The documents also revealed the income of former First Lady and Donald Trump’s wife, Melania Trump. She earned 237,500 USD for a speech at the Log Cabin Republicans event in Palm Beach, Florida, and another 330,000 USD from a licensing agreement for the sale of digital collectible cards or NFTs.
