Memecoin Millions Boost Trump

Donald Trump’s fortune has surged, with his net worth climbing from $4.3 billion in 2024 to a peak of $7.3 billion last year—thanks in large part to family crypto ventures like the $TRUMP memecoin, Melania’s token, and World Liberty Financial, plus headline-grabbing licensing deals from Bibles to luxury real estate in the Gulf. But this rapid growth is drawing fire: with nearly $2 billion in liquid assets and past penalties reversed, Democrats fresh off a midterms win are gearing up to probe his sprawling business empire, focusing on crypto, stablecoins, and global licensing that intersect with his presidential power.

But here’s the catch: the political ground is shifting, and not in Trump’s favor. Republicans are blaming him for surprise losses in deep-red states, and his approval ratings have slid to 38%. He’s responded by vowing to end $4 billion in annual U.S. aid to Israel, shaking up long-standing GOP foreign policy and rattling donor networks and business partners alike. Meanwhile, his move to nominate former Kansas Governor Jeff Colyer as U.S. ambassador to the UAE is a race against the clock—he’ll need Senate approval before Democrats take control in January, or risk new ethics demands and an uncertain path for Trump’s Gulf ambitions.

Featuring reporting from Time Magazine, BBC, NBC News, and PBS.

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