Trump Says 'You Should've Had Stock' to Build Net Worth. Here's How He's Increased His by Billions in His Second Term
In the two years since President Donald Trump was elected, his reported net worth has spiked by more than $2 billion. What's behind the rise?
President Donald Trump's reported net worth has surged by billions of dollars since he was re-elected to the White House in 2024. Between 2024 and 2025, his net worth rose from $4.3 billion to $7.3 billion, according to a Forbes report. However, as of 2026, Forbes estimates that figure has dropped to around $6.3 billion. Despite this, Trump's wealth remains significantly higher than it was two years prior.
During an interview with "60 Minutes," Trump attributed his wealth increase to stock market gains, urging viewers to invest in stocks. Ethics expert Kedric Payne noted that it is unusual for any individual, let alone a President, to increase their wealth by such a significant margin in a single year. Paynes added that Presidents typically do not have financial interests in businesses that could generate such wealth, particularly given the lack of direct financial involvement in Trump's businesses.
Most of Trump's wealth growth between 2024 and 2025 was attributed to his involvement in the cryptocurrency industry. This included a $710 million increase from memecoins, $240 million from stablecoins, and $340 million from tokens sold by Trump's crypto business, World Liberty Financial. Trump announced the creation of World Liberty Financial in September 2024, weeks before his re-election.
The New York Times reported that the President effectively controls a stake in the business, while his sons and Steve Witkoff's family manage its operations. World Liberty Financial began selling its $WLFI tokens in October 2024 and introduced a stablecoin in March 2025. Shortly before his inauguration, Trump also unveiled a memecoin called $TRUMP and a stablecoin called $MELANIA.
In 2025, Trump earned over $1 billion from his family's cryptocurrency dealings, with his memecoin tokens accounting for about $183 million of his net worth, World Liberty Financial tokens for about $78 million, and stablecoins for $233 million. Liquid assets, such as cash and easily convertible assets, made up another $1.9 billion of his total net worth.
Licensing and management business contributed about $410 million to his net worth during this period, with international real estate deals, including in Saudi Arabia and the United Arab Emirates, playing a role.
Compared to other Presidents, Trump's financial strategies differ in that he has avoided the typical practice of placing his assets in a blind trust. Instead, his assets and business interests are managed by a trust controlled by his sons, Eric Trump and Donald Trump Jr. While Trump has not disclosed the full extent of his financial dealings, particularly his cryptocurrency investments, his reported wealth increase highlights a notable divergence from past Presidents' financial behaviors.
Written by urgent.news from Time's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.