A year ago, Donald Trump returned to the White House holding a social network and several licensing deals. By January 2026, the makeup of the family’s fortune had undergone radical changes. According to a Bloomberg analysis, digital assets accounted for one-fifth of the president’s net worth for the first time, generating $1.4 B in profit amidst policies the administration describes as turning the US into the “crypto capital of the world.”
The overall valuation of the family’s wealth remained at last year’s level — $6.8 B, but the sources of capital shifted. A 66% crash in Trump Media & Technology Group shares over the past 12 months was offset by the family’s aggressive entry into the Web3 industry. Eric Trump attributes the pivot toward virtual assets to past political pressure from banks on their real estate business, calling the current situation a redefinition of the future of finance.
Portfolio: DeFi, Mining, Stablecoins
Three key ventures drove this growth: the World Liberty Financial platform, the mining company American Bitcoin Corp, and a namesake memecoin.
By March, World Liberty had sold tokens worth $550 M, earning the family approximately $390 M. A deal with the publicly traded Alt5 Sigma Corp added more than $500 M to the total. Meanwhile, the project’s founder tokens, currently valued at $3.8 B, remain locked and are not included in net worth calculations. The USD1 stablecoin is also worth noting, with a market cap exceeding $3 B. The Binance exchange assisted in the project’s technical development, while Abu Dhabi’s sovereign wealth fund, MGX, invested in it by purchasing a stake in the business.
Two months before the inauguration, Eric and Donald Trump Jr. launched American Bitcoin Corp in partnership with Hut 8 Corp, which provided equipment in exchange for equity. Eric holds a 7.4% stake in the company (valued at $114 M), despite shares tumbling 82% from September peaks. Analysts valued the memecoin holdings at $280 M, accounting for a liquidity discount.
Conflict of Interest Once Again
Alongside the crypto projects, Donald Trump Jr. joined venture fund 1789 Capital, which focuses on “patriotic” companies, as a partner. The fund raised $2 B and has already invested $800 M. The portfolio includes SpaceX and rare-earth magnet manufacturer Vulcan Elements. The latter received a $620 M loan from the Department of Defense and grants under the CHIPS Act shortly after the fund invested in the company.
Representatives for Trump Jr. deny any lobbying of the portfolio companies’ interests before the federal government.
Critics point to potential conflicts of interest. Justin Sun, founder of the Tron network, purchased $75 M worth of World Liberty tokens, after which an SEC lawsuit against him was paused, and he was hosted for dinner by the president. In October, Trump pardoned former Binance CEO Changpeng Zhao. White House Press Secretary Karoline Leavitt calls the conflict of interest accusations a media fabrication.
Trump Media Diversification
The parent company of the Truth Social network is attempting to halt its stock decline by expanding its business lines. In addition to launching prediction markets and accumulating Bitcoin on its balance sheet, the company announced plans to build a nuclear fusion power plant in partnership with TAE Technologies. CEO Devin Nunes stated that construction is planned exclusively in a “red” state.
In 2026, the family plans to expand its reach. Eric Trump has expressed interest in real estate projects in France, Austria, and Argentina, while World Liberty Financial is seeking a banking license from the Office of the Comptroller of the Currency.
This post is for informational purposes only and does not constitute advertising or investment advice. Please do your own research before making any decisions.