Trump has amassed staggering wealth in ‘most openly corrupt’ presidency

Published August 13, 2026 · Category: News

Overview

Ethics experts and Democrats express alarm as Trump uses office to grow his personal fortune to ‘unprecedented’ level

Donald Trump’s use of his second presidency to grow his personal fortune has alarmed legal and ethics experts and congressional Democrats as he has reaped an “unprecedented” $2.2bn in 2025 revenues by amassing big cryptocurrency holdings, benefitting from wealthy foreign interests, expanding his Truth Social business and more, while federal oversight of his actions has waned.

Details

Trump last year raked in at least $1.4bn from his crypto ventures according to financial disclosure forms he filed in June. Simultaneously, about one million investors in a Trump crypto scheme suffered almost $3.8bn in losses as their volatile crypto holdings tanked in value.

Source

Originally published at www.theguardian.com.

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