Trump Family Wealth Doubles Above $5 Billion Amid Crypto, Real Estate Surge
Trump Family Wealth Doubles Above $5 Billion Amid Crypto, Real Estate Surge

Trump Family Wealth Doubles Above $5 Billion Amid Crypto, Real Estate Surge

News summary

Recent reports reveal that the Trump family has significantly increased its wealth, with Trump-linked businesses earning over $2 billion in the past month through ventures in real estate, cryptocurrency, and exclusive clubs. Donald Trump's net worth has reportedly doubled since his reelection bid, reaching approximately $5.4 billion, with notable investments including a $5.5 billion golf resort in Qatar and plans for a $400 million Boeing 747 luxury jet from Qatar. Crypto holdings represent a substantial portion of the family's wealth, with perks for top buyers including exclusive dinners and White House tours. Despite concerns about conflicts of interest, the White House maintains there is no conflict since Trump's sons manage the businesses. Meanwhile, the United States continues to dominate global wealth distribution, holding 34% of global liquid wealth and housing 37% of the world's millionaires, with rapid growth seen in cities like New York, San Francisco, and Dallas. This surge in wealth highlights broader economic trends as the U.S. millionaire population grew by 78% over the past decade, surpassing other nations.

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