New Delhi: US President Donald Trump will complete the first year of his second presidential term on January 20, 2026. Much has changed in a year. President Trump started
his second Presidential term with a spate of executive orders with the intent to bring massive changes in not just the domestic politics of the US, but also on global politics.
While many chances were brought on by Trump’s policies on the fortunes of others, be it individuals or whole nations, his Presidential term has also had an impact on the wealth of his own person and that of his family.
Art of the deal
Even before entering politics, Donald Trump was one of America’s most famous and successful businessmen. Associated primarily with luxury real estate, golf courses and brand licensing. Trump has with time diversified his financial portfolio, with recent investments in technology, cryptocurrency and global businesses. Many of these also involve his family members.
Thus multiple financial trackers have estimated that Trump’s net worth has grown sharply since his return to the White House. In addition to maintaining ownership of nearly 20 major real estate assets such as Mar-a-Lago in Florida, Trump Tower on New York’s Fifth Avenue, and golf courses in Scotland Trump has now also expanded into social media and cryptocurrency.
Forbes has valued Trump’s real estate portfolio at roughly $2.5 billion, though this estimate is subject to fluctuation. In the past, prosecutors have questioned Trump’s property valuations, including a Florida golf course that was purchased for $5 million but later declared to be worth $62 million in tax filings. Thus while for a long time Trump’s real estate empire was a core part of his wealth, this is no longer the case and as the first year of his second Presidential term has shown, he has diversified his assets significantly.
Diversifying assets
One of Trump’s most prominent non-real-estate assets is Trump Media & Technology Group (TMTG), the company that owns his social media platform, Truth Social. Forbes estimated the company’s value at around $2 billion in September, even though it reported only $3.6 million in sales in 2024 and posted a net loss of $401 million that year. Despite those losses, it made a major strategic move in December by announcing a merger with TAE Technologies, a firm developing nuclear fusion technology.
The all-stock transaction was valued at approximately $6 billion and positioned Trump’s media company in the emerging energy sector. This move was particularly important as global demand grows for power-hungry artificial intelligence data centres. In terms of his Presidential overview this is important as it is the US administration that oversees regulation of the nuclear and energy industries. It is because of this reason that the deal has attracted scrutiny.
Another avenue in which Trump’s assets have seen to both diversify and become profitable is crypto and other digital currencies. In 2021, Trump publicly criticised digital currencies during interviews with Fox Business he described crypto as something that “seems like a scam” and later called it a “disaster waiting to happen.” Trump’s views have changed since then and during his 2024 presidential campaign he began accepting donations for his election campaign in cryptocurrency. Since then crypto firms have become major financial supporters of his political efforts, and according to Forbes contributed $18 million to his inauguration fund.
Just three days before his second inauguration, Trump also launched his own memecoin, known as $TRUMP. Forbes estimated in September that Trump’s digital assets were highly lucrative at the time. The publication valued his holdings at $709 million in memecoin tokens, $338 million in World Liberty Financial tokens and $235 million tied to USD1.
