How the Trumps blew $1 billion on Bitcoin
Plenty of crypto newbies lost money chasing the bitcoin boom that followed Donald Trump’s reelection. None of them took as big of a hit as the president himself.
Plenty of crypto newbies lost money chasing the bitcoin boom that followed Donald Trump’s reelection. None of them took as big of a hit as the president himself.
It took more than fame for Trump and his sons to build a crypto empire. They also got a lot of help from industry insiders, many of whom happened to need a hand from the president.
President Trump just had the most lucrative year of his life. But percentage-wise, his three sons—Don Jr., Eric and Barron—did even better.
As diplomats around the world struggle to figure out Trump, Qatar may have found the perfect way to please the American president—dangling a supersized gift to stroke his ego.
Out of office, the former president has transformed his fortune, converting a real-estate empire into a political profit machine.
Plenty of rich people have blown fortunes on politics. But no other American has used politics to create as much personal wealth as the 45th president, who left office with a new asset — throngs of people willing to buy almost anything from him, at virtually any price.
Trump’s lender fell for lies about how big, and possibly how profitable, his properties actually were.
Ivana’s assets are large enough that the Trumps have to file a federal estate tax return.