Trump is not shy of collecting spoils, and the US presidency has plenty
The US president's most-recent filings indicate he pocketed more than $US2.2 billion last year through ventures ostensibly run by his family.
Donald Trump has never shied away from accumulating the spoils of his presidency, as evidenced by his recent filing for 2025, which revealed he pocketed over $2.2 billion through ventures run by his family. The former president has also dabbled in various industries, from Bibles to cryptocurrency, and even proposed selling early access to his social media posts for up to $100,000 a month.
This latest initiative has sparked controversy within his own party, with critics arguing that it constitutes a form of buying access to presidential information. Despite the backlash, Trump's actions have largely gone unchallenged within the political sphere, as his presidency has been dominated by controversies surrounding his family's business dealings.
However, the ripple effects of these actions have been felt far beyond the political realm, as evidenced by a sudden drop in oil prices following Trump's announcement of a "VERY GOOD AND PRODUCTIVE CONVERSATIONS" with Iran over a "COMPLETE AND TOTAL RESOLUTION" to hostilities.
Written by urgent.news from ABC News AU's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
