“You know why I’m profiting? Because the stock market’s going up, everybody’s profiting.” That’s how President Donald Trump responded to questions about his 2025 financial disclosure report, which revealed that he made $1.4bn (£1bn) from his family’s cryptocurrency businesses alone.
Back when he was sceptical about digital currencies, he referred to crypto as a “casino where the house always wins”. Prescient, when you think about it. As real wages in America fail to keep pace with inflation, Trump has managed to more or less quadruple his income from 2024, pulling in at least $2.2bn (£1.64bn) in 2025 from holdings including real estate and crypto.
At a time when 77 per cent of Americans feel anxious about their financial situation, worried by persistently high inflation, elevated gas prices and rising insurance costs, the spectacle of the President and his family getting ever richer during his second term is truly jarring. Even in America’s hyper-polarised political environment, the sheer scale of what the conservative Wall Street Journal described as “honest graft” is impossible to ignore.
Shorts
Donald Trump, who inherited a real estate empire from his father Fred and epitomised a wealthy businessman on TV in The Apprentice, is now a billionaire. Never mind Trump’s history of bankruptcies and failed businesses – now, he’s the real deal. And he wants to take home a splashy new Air Force One plane that is a gift from the Qatari government – albeit one that has now been deemed unsafe for travel near a conflict zone – making the £300m Boeing 747 the centrepiece of his planned presidential library in Miami once he leaves office.
