O
ver nearly five decades, Donald Trump expanded his father's real estate empire into a $2.5 billion fortune. He then rapidly transitioned to the crypto space, creating a kingdom worth even more in just under five years. Today, an estimated 60% of his net worth, around $3.3 billion out of $5.5 billion, lies in cryptocurrencies.

    Trump's latest move was announced last month when his Trump Media and Technology Group shifted its business strategy to focus on accumulating Bitcoin. The company raised over $2 billion from institutional investors, allowing it to purchase crypto and transforming its value proposition from a social media play to a Bitcoin bet. This change has significantly boosted the president's stock in the company, now worth $2.4 billion.

    In addition to this venture, Trump has other notable crypto investments. He launched digital-trading cards in 2022, which sold out quickly and generated over $7 million for him. His World Liberty Financial project, a collaboration with fellow real estate player Steve Witkoff's family, sold $550 million of crypto tokens, netting an estimated $390 million for Trump after taxes.

    Trump also holds a stash of tokens worth around $430 million and has benefited from the fees generated by his $TRUMP memecoin. The president's crypto ventures now account for roughly 60% of his net worth, making it no surprise that he has been supportive of the industry. He has taken steps to promote cryptocurrencies, including naming a pro-crypto businessperson as head of the Securities and Exchange Commission.

    Meanwhile, Trump's real estate business has shown little growth, with some properties facing debt challenges. Eric Trump, who now runs his father's business, has acknowledged the shift towards cryptocurrencies, citing their liquidity and accessibility compared to traditional real estate assets.