The Trump family's wealth surged by $1.3 billion last week, with WLFI contributing $670 million to the increase.
BlockBeats News, September 8th, the Trump family saw a significant increase in their wealth last week due to the listing of the crypto mining firm American Bitcoin (ABTC) and the gains brought by World Liberty Financial (WLFI). Their total wealth increased by $1.3 billion. WLFI contributed $670 million to the Trump family's net worth. Eric Trump, as a co-founder of ABTC, saw his stake in ABTC valued at over $500 million after the company went public last Wednesday. At that time, ABTC's stock price surged to $14 before plummeting over 50% to a low of $6.24.
However, this $1.3 billion does not yet include the approximately $4 billion worth of WLFI tokens held by the Trump family, which are currently subject to a lock-up period. Excluding the $4 billion WLFI tokens, the Trump family's collective net worth has now surpassed $7.7 billion.
You may also like

Pantera Capital Partner: The Financial Trajectory of AI Agents

In the next 5 years, Vitalik will scale Ethereum like this

Sam Altman and the End of the World Capitalism

Wall Street Rings Inflation Alarm Bells Amid Iran Tensions, What Does It Mean for Cryptocurrency?

Qwen Open Source Model Enters Mobile, Nasdaq Tests Water Prediction Market, What's the Overseas Crypto Community Talking About Today?

MegaETH Co-founder: 48 Hours After Escaping Dubai, I Reassess the Entire Crypto Scene

Morning Report | Strategy increased its holdings by 3,015 bitcoins last week; BitMine increased its holdings by 50,928 ETH last week; Vitalik elaborated on the Ethereum execution layer roadmap

Why is it said that there are structural opportunities in encrypted AI?

Make Probability an Asset: A Forward-Looking Perspective on Predictive Market Agents

Consumer application issues

Arthur Hayes: The flames of war in the Middle East rise, Bitcoin is bullish

Legendary investor Naval: In the AI era, traditional software engineers have no value?

More absurd than knowing about the war in advance is knowing in advance about the assassination of Soleimani

Key Market Insights on March 2nd, how much did you miss?

How to systematically track high-performing addresses on Polymarket?

From Stanford Lab to Silicon Valley Streets: How OpenMind is Solving the "Last Mile" Problem of the Machine Economy?

PlanX: Reconstructing On-Chain Execution with AI, Moving Towards a New Paradigm

US Judge Allows Binance Unregistered Token Lawsuit to Advance
Key Takeaways: A federal judge in Manhattan dismissed Binance’s petition to resolve a securities lawsuit through private arbitration,…