Trump earned 2.2 billion in his first year in the White House

“Do you know why I’m making money? It’s because the stock market is rising; everyone is making money,” Trump said yesterday. “I’m not involved in managing my personal finances; I don’t interfere… we have funds that manage my money,” he stated. He added: “I made a lot of money before becoming president; they invest it and I don’t communicate with them.” Earlier, White House spokeswoman Anna Kelly had attempted to play down the controversy: ‘Neither the President nor his family have ever been, nor will they ever be, in a situation of conflict of interest’, ‘all actions taken by President Trump and his administration are undertaken in the best interests of the American people’.

Traditional businesses, run by the Trump Organisation, have also continued to generate millions of dollars: revenue from golf courses and resorts rose by 15 per cent, exceeding $500 million in 2025, driven significantly by the Mar-a-Lago club in Florida. According to the documents filed, revenue from the property sector remained stable: the statement includes, without further details, a dozen major properties built or acquired over the years, such as Trump Tower in New York. Meanwhile, the President’s children have launched ventures related to drones and defence and security technologies.

The disclosure also includes 680 pages of transactions carried out on Wall Street in 2025, including purchases and sales of shares in companies such as Nvidia, Microsoft, Amazon and Apple. According to official reports, a further 3,700 transactions were carried out in the first quarter of 2026.

Trump’s net worth – according to estimates by the Bloomberg Billionaires Index – has reached $7.6 billion, an increase of at least $2 billion since the start of his second presidential term. His immediate family – including his children and his wife Melania – is said to have amassed a fortune, which is difficult to verify, of at least $9 billion.

A statement from the Trump Organisation, the Trump family’s multinational company, emphatically states that ‘the 1,000 pages of documentation handed over further demonstrate a commitment to transparency’.

Don Fox, former director of the Office of Government Ethics, explained once again that presidents and vice-presidents are not subject to ethics and conflict-of-interest laws, but he emphasised that ‘every president in the post-Watergate era – that is, since Richard Nixon – has managed their finances in accordance with conflict-of-interest rules’. All except Trump: ‘Today,’ Fox concluded, ‘this practice has completely broken down, demonstrating that the time has come for further reforms regarding ethics and the US government’.