US President Donald Trump’s net worth has climbed sharply since his return to the White House, with cryptocurrency-related ventures now forming a major part of his reported fortune, according to figures cited from Forbes and analysis discussed by Steve Rattner on MSNBC’s “Morning Joe.”
Trump’s net worth has risen from about $2.3 billion to roughly $6.5 billion, according to the data cited in the report. The increase marks a major shift in the makeup of his wealth, which was once centered mainly on real estate, golf properties, licensing deals and media holdings.
Rattner, a former Treasury official and economic analyst, said cryptocurrency has become the leading source behind the latest rise. Using Forbes data, he said crypto accounted for about $3.02 billion of Trump’s gains from August 2025 to January 2026.
Crypto Becomes Central to Donald Trump’s Wealth
Trump and his family launched World Liberty Financial in September 2024. Forbes estimated that Trump received about $550 million over the past year from sales of tokens issued by the venture.
The company later drew more attention after reports that a 49% stake was sold to Aryam Investment, a firm linked to backing from the United Arab Emirates. Forbes estimated that the transaction added about $200 million to Trump’s wealth.
Source: X
Trump also continues to hold crypto assets, including World Liberty Financial tokens and the $TRUMP meme coin. Forbes valued those holdings at a discount, placing their combined value near $570 million. His remaining 38% stake in World Liberty Financial was estimated at about $240 million as an operating business.
The $TRUMP meme coin, launched shortly before his inauguration, attracted strong early interest from supporters and retail traders. Data from CoinMarketCap shows the $TRUMP token launched at around $7 on January 17, 2025, before surging to a peak of $45.47. The price later declined sharply, including a reported 46% drop following the launch of a related MELANIA token.
A temporary rebound followed a dinner-related announcement, but the token has since fallen to about $2.38, representing a decline of roughly 95% from its peak. Consequently, Rattner has described the token as having no use in commerce and said many buyers lost money after entering near the top.
Forbes Data Shows Broader Asset Gains
Crypto was not the only factor behind Trump’s reported wealth increase. Forbes also cited a court ruling that removed a major liability from his balance sheet. An appeals court threw out a civil penalty in a New York fraud case that had reached about $517 million with interest, while the state attorney general continued to appeal.
Trump’s real estate and club assets have also gained value. Forbes estimated Mar-a-Lago at about $560 million, up sharply from the prior year. The Palm Beach property has remained central to Trump’s political and business activity, hosting foreign leaders, political allies and supporters.
His golf properties also rose in value. Forbes placed the value of 10 golf courses across six states at about $550 million, compared with about $340 million a year earlier. The increase was tied to stronger business activity and continued use of the properties by supporters and guests.
Trump Media and Technology Group, the parent company of Truth Social, moved in the opposite direction. Forbes estimated Trump’s stake at about $1.2 billion, down from $2.6 billion a year earlier. The company reported a 2025 net loss of $712 million on revenue of $3.7 million.
Trump Scrutiny Grows Around Crypto Deals
The growth of Trump’s crypto-linked wealth has drawn attention from Democratic lawmakers, ethics experts and market analysts. Questions have centered on foreign investment, presidential influence and whether buyers or business partners may be seeking political access.
World Liberty Financial has also faced legal pressure. Billionaire crypto investor Justin Sun, as we reported, sued the company in April 2026, accusing it of freezing his tokens and removing voting rights. The claims remain part of the wider scrutiny around the venture.
Reports also said World Liberty Financial partnered with a firm linked to individuals sanctioned by the United States in connection with a criminal network tied to online scam operations. Those reports have added to calls for closer review of the company’s business relationships.
Trump’s estimated wealth remains below its reported peak of $7.3 billion in September. Forbes said weaker crypto prices and a decline in Trump Media shares reduced his fortune from that level.
