Seven times Trump used his presidency to enrich himself ...Middle East

News by : (inews) -

Donald Trump has used his position as US President to make $1.4bn (£1.02bn) for himself and his family since his return to office a year ago, according to a report, with a new film about his wife earning them nearly $30m (£21.7m).

The figure, reached using analyses of news reports by The New York Times, is very likely an underestimate, however, because most of his profits are not available publicly.

While the White House has not commented on the figure, Trump’s son Eric, when asked by the Financial Times about the family’s estimated $1bn (£748m) in crypto gains, said the true figure was “probably more”.

Trump, a former property developer, has always been a business-minded man, and he reached a net worth of around $7.3bn (£5.3bn) last year, according to Forbes.

However, the first year of his presidency has surprised even his critics with how openly he is using his position to enrich himself.

From cryptocurrencies to a Qatari jet, here are six more examples of how Trump has used his position as US President to increase his personal wealth.

Amazon’s Melania documentary

The US President has used his Truth Social platform to promote Melania, a new Amazon documentary about his wife, which reportedly earned them $28m (£20m).

Amazon paid $40m (£32m) for the rights to Melania, far more than the next highest bidder – $26m (£19m) from Disney, according to The Wall Street Journal, and the most Amazon has ever paid for a single film.

The figure prompted speculation that Amazon’s billionaire executive chairman, Jeff Bezos, is trying to curry more favour with the administration.

Cryptocurrencies

The bulk of Trump’s earnings have come from cryptocurrencies, earning him around $867m (£628m), according to The New York Times.

The Trump family launched its own crypto business, World Liberty Financial, in 2024. That was despite Trump calling crypto a “scam” and a “disaster waiting to happen”. Soon afterwards, he declared his desire to make the US “the crypto capital of the world”.

Around the time of Trump’s election in 2024, his sons Eric and Donald Trump Jr embarked on a tour promoting World Liberty Financial and other ventures to encourage investment in the family’s Trump Organization. World Liberty says on its website that a Trump Organization entity receives 75 per cent of revenue from the sale of crypto tokens.

In the first half of 2025, the Trump Organization’s income rose to $864m (£626) from $51m (£37m) a year earlier, with 90 per cent of that, $802m (£581m), coming from Trump crypto ventures, and more than half – $463m (£336m) – coming from sales of World Liberty tokens, according to Reuters.

A lawyer for World Liberty called Reuters’ alleged valuation and income analysis “inaccurate and misleading”. Reuters’ methodology was vetted by four finance professors, two certified public accountants and an accounting professor with expertise in crypto.

Trump has used his presidency to ease oversight and regulations on the crypto industry, while companies and individuals that want to influence US policy are able to purchase crypto tokens, paying the Trumps.

Last year, a United Arab Emirates-backed investment firm, MGX, announced a $2bn (£1.45bn) crypto investment in a business using a stablecoin launched by World Liberty Financial. Two weeks later, Trump gave the UAE access to advanced AI chips.

There is no evidence that one deal was offered in return for the other. The White House has denied any connection, with an administration spokeswoman calling the crypto transaction “totally unrelated to any government business”.

A $400m gift from Qatar

The Qatari royal family gifted Trump a $400m (£290m) Boeing 747-8 jetliner last year.

Rules suggest that US officials can only accept gifts under $480 (£348m), and the “unconditional” gift drew criticism from across the political spectrum, with many raising questions about bribery by foreign powers.

Trump appeared to admit that the plane would influence how he treated Qatar, saying, “We are going to protect this country”, shortly after it was offered.

California Democratic Senator Adam Schiff pointed out, quoting the US Constitution, that elected officials could not accept “any present… of any kind whatever” from a foreign government without congressional approval.

The White House, however, claimed that accepting the plane was legal, and said it would be donated to Trump’s presidential library after he left office.

Trump has defended the gift, calling it a “very nice gesture” and said he planned to use the “flying palace” as Air Force One while US President.

“Now I could be a stupid person and say, ‘Oh no, we don’t want a free plane.’ I would never be one to turn down that kind of an offer,” he said.

The Boeing 747-8 plane from Qatar (Photo: Roberto Schmidt/AFP)

Licensing the Trump name

Trump’s property company is making millions from deals licensing his name for use in projects abroad.

Trump now has 22 overseas projects where he has licensed his name for branding, according to the nonprofit watchdog Citizens for Responsibility and Ethics in Washington. These include hotels and golf courses in countries including Oman, Saudi Arabia and the UAE.

This licensing has made him at least $23m (£16.7m) since his re-election, according to The New York Times.

The countries in which Trump owns properties include India, Oman and Saudi Arabia (Photo: Julia Demaree Nikhinson/AP)

Last year, a project to build a $1.5bn (£1.1bn) golf resort in Vietnam raised fears of a conflict of interest when the US agreed to lower its threatened tariffs from 46 per cent to 20 per cent a month after the project broke ground.

Vietnam’s Prime Minister Pham Minh Chinh said the project was important in deepening the country’s relationship with the US.

The White House denied any conflict of interest, saying the Trump Organization’s business deals were entirely separate from trade negotiations and that Trump’s assets were in a trust managed by his children.

The Trump-Kushner partnership

Jared Kushner, who is married to Trump’s daughter Ivanka, has long been a member of the US President’s inner circle, but after his re-election in 2024, Kushner declined to take a formal role in the administration.

However, following some success with the Abraham Accords in Trump’s first presidency, he has become an integral part of Trump’s peace plan for Gaza, helping to achieve a ceasefire and an exchange of Israeli hostages for Palestinian prisoners.

Kushner was involved heavily in his first administration as a senior adviser (Photo: Fabrice Coffrini/AFP/Getty)

But his involvement raised a flurry of questions over financial conflicts, with the investment firm he owns, Affinity Partners, largely financed by the Gulf states, which are expected to be deeply involved in the future of the territory.

A US Senate committee found that Kushner’s firm had collected $87m (£63m) from the Saudi Arabian government’s wealth fund, but had not generated any profit for investors despite charging large management fees.

Upon these revelations, committee chairman Ron Wyden said: “Affinity’s investors may not be motivated by commercial considerations, but rather the opportunity to funnel foreign government money to members of President Trump’s family, namely Jared Kushner and Ivanka Trump.”

Mar-a-lago

Trump purchased the Florida mansion for around $10m (£7.2m) in 1985, turning it into a private club in 1995.

In 2014, the year before Trump announced his first presidential run, it brought in around $10m (£7m) in revenue.

After announcing his run, he saw sales spike to an estimated $22m (£16m), which then climbed to $29m (£21m) in 2016.

He reportedly doubled the initiation fee to $200,000 (£145,000) after winning the 2016 election.

Trump merchandise

The US President has long used his name to generate income, but nowhere more than on his personal merchandise.

While nowhere near as big a cash spinner as his other business dealings, his selling of goods turns a tidy profit.

His most successful product was the Save America book, which netted him £2.2m, but coming in close were his watches (£2m), and trainers and fragrances (£1.8m), which collectively earned him £3.8m.

Hence then, the article about seven times trump used his presidency to enrich himself was published today ( ) and is available on inews ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Seven times Trump used his presidency to enrich himself )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار