Due to the decline in crypto assets, the Trump family's total wealth has dropped to $6.7 billion.
ChainCatcher News, according to the Bloomberg Billionaires Index, the Trump family's total wealth has dropped from $7.7 billion in early September to about $6.7 billion currently, mainly dragged down by its rapidly expanding crypto portfolio.
Among them, the TRUMP token has fallen by about 25% since August; the market value of American Bitcoin (ABTC), a bitcoin mining company held by Eric Trump, has halved, evaporating more than $300 million; Trump Media (TMTG) saw its equity value drop by about $800 million due to unfavorable bets on $2 billion worth of bitcoin and CRO, with its position of 11,500 bitcoins losing about 25%. Meanwhile, the WLFI token of the Trump family’s crypto project World Liberty Financial has also fallen back from its peak, with a book value decrease of nearly $3 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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