US President Donald Trump has experienced a significant financial downturn, with a reported loss of $1.1 billion since early September, primarily attributed to a decline in the value of shares from his company, Trump Media and Technology Group. According to Forbes, Trump’s current net worth stands at approximately $6.2 billion.
The drop in Trump’s fortune contrasts with his earlier financial trajectory, as just last month, his wealth had reportedly increased by $3 billion in the past year alone. This surge had improved his ranking on the Forbes 400 list of the wealthiest Americans, positioning him at 201st and marking a substantial leap of 118 places from the previous year’s list.
A notable factor behind the recent increase in Trump’s fortune was linked to the Trump family’s investments in cryptocurrency, particularly through the project World Liberty Financial. Announced last year, this initiative secured a hefty $75 million investment from crypto entrepreneur Justin Sun, showcasing the family’s strategic focus on digital assets. Trump, along with his three sons, has co-founded World Liberty Financial, a decentralized financial platform that officially launched in September 2024. The platform introduced 100 billion $WLFI tokens, with 22.5 billion tokens transferred to DT Marks DEFI LLC, a company in which Trump holds a 70% ownership stake.
Before the recent financial setbacks, Forbes noted that Donald Trump’s family had managed to double their fortune to approximately $10 billion since he assumed the presidency in 2024. The increase was attributed not only to cryptocurrency ventures but also to real estate initiatives and consulting work.
However, alongside these developments, Trump faced a notable $500 million loss in wealth tied to self-imposed tariffs, further complicating his financial landscape. As the financial world closely watches these developments, the implications for Trump’s business and political ambitions remain to be seen.
