Former President Donald Trump’s wealth has increased from $2.6 billion to $3.1 billion, according to the Bloomberg Billionaires Index. His surge in wealth has been attributed to a number of factors, including the rise of bitcoin, a booming Florida real estate market, and a huge increase in revenue from his golf courses.
On Wednesday, Trump’s cryptocurrency portfolio, which includes ETH, WETH, TRUMP tokens, MATIC tokens and DUBBZ tokens, grew to $3 million over the past day, according to data from Arkham Intelligence. The increase was driven by a rally in bitcoin, which saw its price rise to $35,000, adding more than $15,000 to Trump’s cryptocurrency wallet in a single day.
The former president’s financial disclosure on August 14, 2023, revealed cryptocurrency holdings of $2.8 million, a figure that has since risen to $3 million. Options expert Nic Chahine also revealed that Trump owns 579,281,000 TRUMP tokens.
In addition to the growth in digital assets, real estate ventures such as Trump’s Mar-a-Lago and Doral resorts are also thriving amid Florida’s real estate boom. The businesses have proven resilient despite legal challenges from New York Attorney General Letitia James.
Additionally, Trump’s golf course revenues have surged more than 50% since 2019, contributing significantly to his growing wealth.
