Trump Family Made $3.4 Billion Off the Presidency: Analysis
By: Nikki McCann Ramirez (Rolling Stone)
trump should use that money to buy a country his children and his accomplices can live in safely after he's gone ...
S E E D E D C O N T E N T
Even before Donald Trump officially began his second term in office, his family businesses were beginning the race to milk the presidency for every cent they could. Now, a new analysis from The New Yorkerhas put a potential dollar figure on how much Trump's crypto ventures, real estate deals, licensing agreements, and other grifts have netted America's first family over the course of Trump's time in politics: a staggering $3.4 billion.
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.
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.
Tack onto that $127.7 million in legal fee collection and merchandise sales and a media empire estimated to be worth $116 million, and it becomes clear that the Trumps have built themselves a corporate empire on the back of their patriarch's public office.
Just last month, the president took a detour from a state trip to Scotland, for which millions of taxpayer dollars were spent on travel and security, to inaugurate a new Trump golf course near Aberdeen, Scotland. On that same trip, Trump hosted British Prime Minister Keir Starmer at his private Turnberry golf club — which (as was the practice during Trump's first term) will likely profit off of the president's choice to use it as a venue. The same week, it was reported that Trump has privately discussed hosting the G20 summit of world leaders at his Doral golf club.
As previously reported by Rolling Stone, the president has complained to his inner circle that it was "stupid" of him to leave so much money on the table during his first term, and that he planned to rectify his mistake the second time around.
The fact that the family's business deals making headlines around the world are being coordinated by Trump's children is a convenient loophole that allows the president to escape many of the disclosure and ethics laws that govern private investments by public officials.
After years accusing his political opponents — and their sons — of leveraging the status of the White House to enrich themselves, the Trumps are engaged in an open campaign of open grift unlike any in the history of the Oval Office, and Americans are now just beginning to get a full picture of just how rich the People's House is making the president.
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life could be way different in the future without those 3 SUV's of secret service agents accompanying them everywhere ...
yes, but he's whitewashing American history, so he is serving a MAGA purpose. Besides , he "donates" his presidential salary of $400,000 back to the government.
By the way, this is the percentage 400,000 is of 3.4 billion
0.000117
It is so obvious that he is fckin over our country in so many ways, and his defenders persist to claim he's all on the level, which is plum crazy, just like their idol.
their hatred for democrats eclipses any former sense of american values and patriotism they ever had ...
Yeah...but they don't really want to shut us up. right
my political fantasy is that the trump family will be re-enacting the karma scene for scumbags in the movie open range ...
Last I heard his tax returns do not show this "donation". It may have changed however, haven't looked into it for a while.
I recently saw him in a clip complaining that no one thanks him for donating his salary.
shit easily flows from both of his large orifices ...
why should we?
He also complained that no one thanked him for sending aid to Gaza. He said it makes him feel bad, the poor guy.
Only $3.4 billion? He can do better than that.
Does seem rather low, doesn't it?
I guess he's not as good of a grifter as we thought.
No no no...not grifter...."businessman"
Absolutely not! That means he will profit from a world wide meeting. This is the most corrupt presidency in the history of our nation and that is saying something
I'm sure Vlad stole at least as much. Both sides.
Putin's estimated net worth is $200 billion. He makes Trump look like a piker.
He does have a fish mouth
lol
good one
I want to see the AI version of the trump sucker swimming around, propelled by his comb over tail and steered by his ears. don't forget the hole in his right ear ...