Trump family net worth surges to $7.3bn after election
The net worth of the family of US President Donald Trump has reportedly seen a sharp increase following his election, according to Forbes magazine, reaching $7.3bn (billion).
The US President and his wife, Melania Trump, have reportedly increased their combined wealth by $3bn since November 2024. This growth has seen Mr Trump climb 118 spots in the ranking of the world's wealthiest people, where he now holds position 201.
According to Forbes, the largest portion of the growth—approximately $2bn—stems from Mr Trump’s investments in cryptocurrencies.
Mr Trump also reportedly saved $500m (million) when the New York State Court of Appeals overturned the fine imposed on him in a long-running fraud case. In addition, the magazine states that he earned another $400m from licensing his name for products such as footwear, watches, and perfumes. Melania Trump contributed an additional $200m to the family's wealth, generated through public appearances, book publishing, and the launch of her own memecoin.
The net worth of his sons, Donald Jr. and Eric, also saw significant growth: increasing from $50m to $500m and $40m to $750m, respectively, Forbes writes. Both reportedly hold stakes in the cryptocurrency companies American Bitcoin and World Liberty Financial.
The former US President’s son-in-law, Jared Kushner (husband to Ivanka Trump), became a billionaire after his investment company, Affinity Partners, attracted about $4.6bn, primarily from Qatar, Saudi Arabia, and the United Arab Emirates (UAE). Mr Kushner also holds a $560m stake in Mr Trump's real estate company.
Translation by Iurie Tataru
