Real Estate No Longer Makes Up A Majority Of Donald Trump’s Fortune
Over nearly 50 years, Donald Trump expanded his father’s real-estate empire into a $2.5 billion fortune. Then, in less than five years, he created a crypto kingdom worth even more.
Donald Trump was a real estate developer, then a TV character, then a social-media mogul. Now, he’s a crypto kingpin. A majority of his fortune, an estimated $3.3 billion of his total $5.5 billion, lies in the buzzy industry, which the president has tapped for cash and worked to promote.
The latest shift occurred last month, when the Trump Media and Technology Group announced a change in its business strategy. The venture started as a social-media effort, releasing Truth Social to give Trump a platform after Twitter and Facebook booted him. Truth Social…
