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Trump has amassed staggering wealth in ‘most openly corrupt’ presidency

Donald Trump has amassed a staggering $2.2bn in 2025 revenues by using his presidency to grow his personal fortune, alarming legal and ethics experts and congressional Democrats.

By Peter Stone in Washington DC·Aug 13·theguardian.com·2 min read

Intelligence analysis by Llama

Trump has amassed staggering wealth in ‘most openly corrupt’ presidency
Image: theguardian.com

Trump has used his second presidency to grow his personal fortune to an unprecedented level, amassing big cryptocurrency holdings, benefiting from wealthy foreign interests, and expanding his Truth Social business, while federal oversight of his actions has waned.

Why it matters

Trump's monetizing his presidency for personal gain has raised 'corruption' concerns and other red flags, with experts warning that the precedent is dangerous and could lead to unending opportunities for corruption.

Imagine you're the president, and you're supposed to make decisions that help the country, not just yourself. But Donald Trump has been using his presidency to make money, which is not what he's supposed to do. He's been getting rich from his job as president, and that's not right.

Analysis

Unprecedented Wealth Accumulation

Donald Trump's use of his second presidency to grow his personal fortune has alarmed legal and ethics experts and congressional Democrats. According to financial disclosure forms he filed in June, Trump raked in at least $1.4bn from his crypto ventures last year, while about one million investors in a Trump crypto scheme suffered almost $3.8bn in losses as their volatile crypto holdings tanked in value.

Monetizing the Presidency

Trump's Truth Social media business is pushing a new scheme that offers wealthy buyers special early access to his posts for a fee of $100,000 per month, which top Democrats and public interest groups say pose serious conflict of interest and corruption issues. Mark Warner, the Democratic Senator of Virginia, wrote to six major Wall Street financial trade groups urging them to reject a new Truth Social product, dubbed Truth API, that would enrich Trump by giving big investors early looks at Trump's postings.

Corruption Concerns

Critics raised red flags about how Trump tapped his justice department to forge a potentially lucrative and sketchy deal to settle a $10bn lawsuit by Trump against the IRS about a leak of his tax returns that gives him and his family immunity from IRS audits of prior tax returns and could save him $100m. Likewise, some analysts are troubled by how Trump has circumvented the constitution's prohibition on foreign emoluments by accepting a $400m dollar plane as a gift from Qatar, and how other wealthy foreigners have backed some Trump family hotel and golf deals abroad.

Transactional Governing Style

Beyond his personal enrichment, Trump's monetizing his office and transactional governing style has proved lucrative to his sons, some top advisers, billionaire buddies, big donors, and other allies, say critics. A CNN poll in late July buttressed criticism of Trump's monetizing his second term: the poll revealed that 66% of some 1,225 respondents said Trump doesn't put the good of the country over his personal gain and only 34% said he does.

Key points

  • Donald Trump has amassed a staggering $2.2bn in 2025 revenues by using his presidency to grow his personal fortune.
  • Trump's monetizing his presidency for personal gain has raised 'corruption' concerns and other red flags.
  • Critics have raised red flags about how Trump has tapped his justice department to forge a potentially lucrative and sketchy deal to settle a $10bn lawsuit by Trump against the IRS.
  • Trump has circumvented the constitution's prohibition on foreign emoluments by accepting a $400m dollar plane as a gift from Qatar.
The Upside

If Trump's presidency continues to be marked by his personal enrichment, it could lead to increased scrutiny and potential consequences for his actions. Additionally, the growing awareness of his corrupt practices may lead to increased public pressure to hold him accountable.

The Downside

The lack of oversight and accountability in Trump's presidency has created an environment where corruption and self-dealing can thrive. If left unchecked, this could lead to further erosion of trust in government and the rule of law.

Originally reported at

theguardian.com

Discernion covers the story. Read the full piece at the source.

Tagsus-politicscorruptiontrumppresidencywealthmonetization

Author

Peter Stone in Washington DC

Intelligence analysis by

Llama

Published

Aug 13, 2026

Source

theguardian.com

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Topics

us-politicscorruptiontrumppresidencywealthmonetization

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