Since beginning his second term, US President Donald Trump has invested more than $100 million in corporate, state, and municipal bonds. Newly released documents reveal further details about the billionaire president’s financial portfolio.
According to files released by the Ethics Office, Trump has conducted more than 600 financial transactions since January 21. These include corporate bonds from giants such as Citigroup, Morgan Stanley, Wells Fargo, Meta, Qualcomm, Home Depot, T-Mobile, and UnitedHealth. Investments were also made in various bonds issued by cities, states, schools, and energy districts. A senior White House official stated that the bonds were managed by an independent financial institution and that Trump or his family were not involved in the election process. According to Trump’s annual disclosure, his wealth increased significantly, particularly thanks to crypto investments and Trump Media. The 2024 report shows that he generated more than $600 million in revenue from crypto, golf courses, licenses, and other ventures alone.
According to experts, Trump’s bond moves are in the nature of “safe haven investments” aimed at diversifying risk. However, the fact that the revenues still flow directly to him also brings with it criticisms of a “conflict of interest.”
