$1.3B Wealth Boost Amid Market Debuts
The Trump family fortune grew by $1.3 billion this week, driven by the debuts of American Bitcoin (ABTC) and World Liberty Financial (WLFI). Bloomberg data shows World Liberty Financial added $670 million to the family’s net worth, while Eric Trump’s ABTC stake surpassed $500 million after Wednesday’s listing.
However, both assets quickly retraced. ABTC shares spiked to $14 before collapsing by over 50% to a low of $6.24, while WLFI shed more than 40% after its launch.
Net Worth Tops $7.7B Excluding Locked Tokens
According to the Bloomberg Billionaires Index, the Trump family’s collective net worth stands above $7.7 billion, excluding nearly $4 billion worth of WLFI tokens subject to lock-up periods.
The surge underscores their growing financial presence in crypto markets, a sector previously criticized by US regulators.
Market Volatility Defines ABTC and WLFI Launches
WLFI debuted on major exchanges Monday with 24.6 billion tokens unlocked for trading. Prices spiked initially before dropping sharply.
ABTC, which re-entered US markets after merging with Gryphon Digital Mining, faced extreme volatility. Trading was halted five times on Wednesday, with the stock now stabilizing near $7.36.
Political Scrutiny Over Crypto Ties
The Trump family’s deepening involvement in crypto has been seen by some as a legitimizing force for the industry. Yet, critics argue it raises conflicts of interest, particularly given President Trump’s role in shaping financial policy.
