Trump Family’s Crypto-Driven Fortune 💰
The Trump family saw their collective wealth grow by $1.3 billion this week, thanks to the market debut of American Bitcoin (ABTC) and the launch of World Liberty Financial (WLFI).
According to Bloomberg, Eric Trump’s stake in ABTC was valued at over $500 million after the company went public on Wednesday. Meanwhile, WLFI added another $670 million to the family’s net worth.
Market Volatility Hits ABTC and WLFI 📉
While the initial gains were impressive, both tokens quickly faced sharp retracements:
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ABTC surged to $14 per share, only to drop by more than 50% to around $7.36.
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WLFI launched on Monday, unlocking 24.6 billion tokens. After an early spike, prices collapsed by over 40%.
Despite this pullback, the Trump family still holds nearly $4 billion worth of WLFI tokens under lock-up, not yet included in the net worth calculation.
Trump Family’s Net Worth Update 📊
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Current collective net worth: $7.7 billion
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Excludes $4 billion WLFI locked tokens
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Gains fueled by ABTC’s Wall Street debut and WLFI’s crypto exchange launch
Bloomberg’s Billionaires Index shows the family’s wealth has surged dramatically in September, underlining how volatile crypto and mining assets can be.
Politics and Crypto: A Controversial Mix ⚖️
The Trump family’s involvement in crypto has added legitimacy to the U.S. crypto industry, especially after years of restrictive policies.
However, critics — especially Democratic lawmakers — argue that the First Family’s crypto ties raise conflicts of interest. This scrutiny could shape how future U.S. crypto regulations evolve.
Final Thoughts 🚀
The Trump family’s fortune highlights the high-risk, high-reward nature of crypto markets. With ABTC and WLFI off to volatile starts, the coming months will show whether these assets strengthen or fade.
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