Cryptocurrency ventures now account for nearly 10% of the Trump family’s $6.4 billion net worth, according to new estimates from the Bloomberg Billionaires Index.
The updated breakdown puts crypto-related proceeds at around $620 million — a sum that includes $390 million from the token sale by World Liberty Financial and $150 million from January’s launch of the Official Trump memecoin. This marks the first public accounting of the family’s growing digital asset empire, which spans NFTs, memecoins, and Bitcoin mining operations.
While Donald Trump’s overall net worth remains largely unchanged, Bloomberg’s latest figures offer a clearer view into how crypto has become a sizable pillar of the Trump financial portfolio. Prior assessments included lump sums from various ventures — crypto, golf clubs, branding deals — but did not break out the digital asset proceeds in detail.
Among the ongoing projects is a 20% stake in American Bitcoin, a mining firm backed by the Trump family that’s gearing up to go public via a merger with Gryphon Digital Mining. Formed in partnership with Hut 8 and America Data Centers, the company plans to stockpile Bitcoin as part of its treasury strategy.
Trump’s Official memecoin, launched in January, saw a brief explosion in market value — hitting $9 billion within hours. The token has since cooled, with a market cap now around $1.7 billion and trading at $8.72. Daily volume remains brisk, with over $178 million in trades in the last 24 hours.
World Liberty is already under pressure from U.S. lawmakers, who are closely watching the Trump family’s deep involvement in the venture. Trump’s three sons are listed as co-founders of the company, and the president disclosed $57.4 million in income from WLFI, along with holding more than 15 billion tokens.
Earlier in June, TikTok denied claims that its owners are buying Trump’s official memecoin, pushing back against allegations made by Rep. Brad Sherman (D-CA).
Sherman accused the Chinese-owned social media company of planning to spend $300 million on “Trump Coins,” saying the move amounted to a bribe to avoid a U.S. ban. TikTok called the accusation “patently false and irresponsible” in a post on X, noting that it didn’t even reflect a letter Sherman co-signed last month.
The controversy stems from confusion around GD Culture Group — a Nasdaq-listed firm that creates AI-driven content on TikTok and recently announced plans to buy $300 million worth of Trump memecoins and bitcoin. Despite the overlap in platforms, there’s no formal link between GD Culture and TikTok or its parent company ByteDance.
Sherman’s comments arrived as Trump signed yet another executive order delaying a potential TikTok ban in the U.S. — the third extension so far. The current reprieve gives the company another 90 days to find a buyer or face restrictions.
