BUSINESS % min read

Trump earned over 2 billion dollars in year one of his second term

Trump earned over 2 billion dollars in year one of his second term
Photo by History in HD / Unsplash

Financial disclosures from the first year of Donald Trump’s second presidential term show he personally earned over 2 billion dollars, making it the most profitable period for any sitting US president. A large portion of this income came from cryptocurrency sales, but reporting from the New York Times indicates Trump also made substantial investments in major tech companies. On July 23, he purchased up to 5 million dollars in shares across Amazon, Apple, Meta, Microsoft, NVIDIA and Broadcom. These trades occurred on the exact same day the White House released its highly anticipated AI Action Plan, raising concerns about timing and potential conflicts of interest. Although the Trump family says their assets are managed independently, Trump failed to disclose the trades on time, resulting in a financial penalty. As always, please confirm political information with trusted sources.

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