Due to his participation in a cryptocurrency platform, US President Donald Trump has seized more than $ 57 million (49.5 million euros). This is the result of a financial report published by the White House.
Through the sale of KryPo-Toks’s at the World Liberty Financial Platform founded by Trump and his sons, he therefore achieved income of $ 57.4 million.
A few days before he took office on January 20, Trump had launched such a driven memecoin. Critics regard Trumpcoin as morally doubtful and accuse the right -wing populist enrichment.
Trump wants to make the US the “Crypto Center in the world”
In the past, Trump had described the very risky cryptocurrencies as a “disaster with an announcement”. In the presidential election, however, he promised to make the United States a “crypto center in the world”. In March he invited representatives of the industry to the White House, and he also ordered the establishment of a Cryptocurrencies state reserve.
The financial report published by the White House also provides an overview of Trump’s income through the sale of brand products and license agreements. He earned around $ 2.8 million with watches and $ 2.5 million with perfumes and sneakers. The 230 pages report contains a turnover of more than $ 50 million for Trump’s Mar-a-Lago Club in Florida. The golf courses of Trump in West Palm Beach and Miami earned him a total of around $ 140 million.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
