How much is Trump pocketing off the Presidency?

Tuesday, August 12, 2025

David Kirkpatrick, Staff Writer at The New Yorker, talks about his months-long effort to put a number on the amount that Trump is profiting off the presidency.

Posted by truthhurts at 03:30 PM | 12 COMMENTS | permalink

A months-long investigation estimates that the profits from the Trump family's ventures in private clubs, hotels, golf courses, crypto currencies, NFTs, and other businesses has raised President Trump's net worth by billions of dollars.

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-- The New Yorker (@newyorker.com) Aug 12, 2025 at 9:45 AM

Comments

"I want to say this to the television audience.

I made my mistakes, but in all of my years of public life,
I have never profited, never profited from public service.
I have earned every cent.

And in all of my years of public life, I have never obstructed justice.
And I think, too, that I can say that in my years of public life, that I welcome this kind of examination because people have got to know whether or not their President's a crook.

Well, I'm not a crook.
I've earned everything I've got."

www.youtube.com

Trump makes Nixon look like George Washington.

#1 | Posted by Corky at 2025-08-11 07:31 PM

Trump Announces Plans to Surrender Control of His Business, But Declines Divestiture (January 2017)
www.govexec.com

... The president-elect hired the law firm Morgan, Lewis and Bockius to review his plan to make it clear he is "not exploiting the office of the presidency for personal gain," according to Sheri Dillon, one of the firm's partners Trump had address the media.

Don Jr., Eric and Weisselberg will manage the trust that contains the Trump Organization "without any involvement whatsoever" from the president-elect, Dillon said.

The company will not engage in any foreign deals for the duration of the Trump presidency and all domestic agreements will go through a "vigorous vetting process." ...

Company advised by Trump sons said it hoped to benefit from fed money, then took it back (August 4, 2025)
apnews.com

... A public document filed by a company that just hired President Donald Trump's two oldest sons as advisers included a sentence early Monday that said it hoped to benefit from grants and other incentives from the federal government, which their father happens to lead.

But when The Associated Press asked the Trump family business about the apparent conflict of interest, the document was revised and the line taken out.

Eric Trump and Donald Trump Jr. are getting "founder shares" worth millions of dollars in New America Acquisition 1 Corp., a company with no operating business that hopes to fill that hole by purchasing an American company that can play "a meaningful role in revitalizing domestic manufacturing," according to the filing. The president has geared his trade policy toward boosting manufacturing in the U.S.

The original version of the securities filing said the target company should be "well positioned" to tap federal or state government incentives. That reference was taken out of the revised version. ...

Firm Tied to Trump Jr. Touts Sales Product for Pharma (August 11, 2025)
www.bloomberg.com

... A company that has Donald Trump Jr. on its board touted in a press release a new "initiative" to help pharmaceutical companies launch direct sales platforms, one week after President Donald Trump demanded that drugmakers create similar systems.

The company, BlinkRx, is pitching the offering as a way to set up a system for drugmakers to sell products directly to patients in "as little as 21 days." ...