Trump Family’s Financial Boom Under Presidency: Melania’s Documentary Secures $400 Million
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Trump Family’s Rapid Wealth Expansion Through Legal Settlements, Business Ventures, and Media Deals |
U.S. President Donald Trump and his family have seen an unprecedented surge in wealth since his presidential victory, accumulating vast sums through legal settlements, media rights, and business investments. According to a report by The Wall Street Journal (WSJ) on February 14, the Trump family has secured over $800 million in various financial deals, including legal settlements and high-profile media projects.
While Trump himself does not directly oversee these ventures, his wife Melania Trump, his sons Donald Trump Jr. and Eric Trump, and various business entities linked to the family have generated substantial income. WSJ reports that corporations and legal settlements have collectively funneled approximately $80 million (about 116.3 billion KRW) into Trump-affiliated entities, including the planned Trump Presidential Library.
Melania Trump’s Documentary Becomes a Lucrative Deal
One of the most lucrative deals involves First Lady Melania Trump. Amazon’s Prime Video secured exclusive rights to produce a documentary about her life, agreeing to pay a record-breaking $40 million in licensing fees. Of this, Melania is set to receive over 70%, amounting to around $407 million.
Amazon’s offer surpassed competing bids from major studios like Disney, which proposed $14 million, and Paramount, which offered only $4 million. Industry experts believe that Amazon’s willingness to pay such a high amount aligns with its recent efforts to strengthen ties with Trump, particularly following Jeff Bezos' political maneuvers regarding The Washington Post’s editorial stance.
Trump’s Legal Settlements Yield Millions in Revenue
Trump’s ongoing legal battles have also become a significant source of revenue. Following lawsuits against major tech companies such as Facebook and Twitter (now X) for banning his accounts after the January 6 Capitol riot, settlements were reached in Trump’s favor. Meta (Facebook’s parent company) agreed to pay $25 million, with $22 million allocated to the Trump Presidential Library fund, while X settled for $10 million.
Similarly, ABC News, which had faced a defamation lawsuit from Trump, settled the case by paying $15 million in December 2024. Even though some of these funds are directed toward Trump’s library project, they nonetheless represent a significant cash influx.
Trump’s Cryptocurrency Ventures and Massive Fundraising Success
Another major source of income for the Trump family is the cryptocurrency market. Trump’s sons, Donald Jr. and Eric, are actively involved in ‘World Liberty Financial’ (WLF), a blockchain-based financial platform launched in September 2024. Since its inception, WLF has raised over $300 million (about 436 billion KRW) through digital token sales.
Notably, Justin Sun, a controversial Chinese cryptocurrency entrepreneur entangled in legal issues with the U.S. Securities and Exchange Commission (SEC), purchased $75 million worth of WLF tokens following Trump’s election victory. The total market capitalization of Trump-themed meme coins circulating in the market now exceeds $3.3 billion, highlighting the financial influence of Trump-related digital assets.
Trump’s Venture Capital and Real Estate Operations Flourish
Donald Trump Jr. has also capitalized on his father’s presidency by expanding into venture capitalism. He recently joined ‘1789 Capital’ as a partner, a firm that invests in right-wing media and business ventures. The firm has poured significant capital into ‘Last Country,’ a media outlet launched by former Fox News anchor and Trump supporter Tucker Carlson.
Meanwhile, the Trump Organization, the family’s real estate and licensing empire, has loosened its previous restrictions on financial dealings. Unlike Trump’s first term in 2017, when the company pledged to avoid foreign government contracts, its new policy merely states that Trump will not be involved in day-to-day business operations. This shift raises concerns over potential conflicts of interest, as past U.S. presidents have typically divested business interests to prevent ethical conflicts.
Ethical Concerns and Public Scrutiny Intensify
WSJ notes that the Trump family’s rapid financial gains far exceed those observed during Trump’s first presidency, attracting criticism from ethics watchdogs and Democratic lawmakers. During his first term, Trump famously declared he was uninterested in financial gain and accepted only a symbolic $1 salary. However, his financial empire has expanded significantly since his re-election.
Ty Cobb, a former White House legal counsel who later became a Trump critic, told WSJ, “Trump’s drive to profit from his presidency has become far more aggressive after securing his second term.”
As the Trump family’s wealth accumulation continues at an unprecedented pace, scrutiny over the ethical implications of their financial dealings is expected to intensify, potentially shaping political discourse leading up to the next election cycle.
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