Donald Trump, the President of the United States, has a net worth that could reach up to $10 billion (about 13.5 trillion won), according to a report by The New York Times (NYT) on the 2nd (local time). Recent revenue from cryptocurrency investments and related businesses is cited as the main reason for the surge in assets. However, a significant portion of the assets consists of non-liquid assets, making cashing out difficult, and some have questionable ownership structures, raising doubts about their real value.
◇Cryptocurrency assets, including meme coins, valued at $6.9 billion
The largest portion of the assets held by President Trump is the meme coin "Trump Official" that he issued. The value of the holdings of this coin is estimated at about $6.9 billion (approximately 9.3 trillion won), with a significant portion believed to be owned by Trump or investors associated with him. However, trading is limited, making actual sales difficult, and there are concerns about a sharp price drop in the case of large sell-offs.
President Trump earned at least $320 million solely from transaction fees of Trump Official, and it appears he generated more than $300 million in additional revenue through the cryptocurrency company World Liberty Financial (WLFI). President Trump holds more than 1.5 billion tokens of that company, but it is still impossible to conduct market transactions, making it difficult to accurately assess their value.
◇Also possesses traditional assets like media shares and real estate
Trump holds 115 million shares of Trump Media & Technology Group, which operates the social media (SNS) platform "Truth Social," valued at approximately $2 billion (about 2.7 trillion won) based on the market.
In addition, traditional assets such as stocks, bonds, and cash amount to at least $2.2 billion and generated over $13 million in revenue from dividends and interest alone last year.
Real estate assets are estimated to be at least $1.3 billion (about 1.75 trillion won). Notable assets include the Trump National Doral Golf Club in Florida, valued at about $110 million, and the Mar-a-Lago resort, valued at about $50 million. Some assets raise concerns about possible overvaluation as the criteria for accurate assessment have not been disclosed.
◇Liabilities, including verdicts, exceed $640 million
Trump's total liabilities exceed $640 million (approximately 86 billion won), of which $100 million are real estate secured loans, and the remainder stems from various lawsuits resulting in damages. Notably, in a defamation lawsuit following Trump's denial of sexual assault, he received damage verdicts of $88.3 million and $5 million, respectively, with an appeal currently ongoing. During the appeal period, President Trump issued hundreds of millions of dollars in surety bonds to defer the judgment payments and reportedly provided some assets as collateral.
Additionally, he has generated over $11 million (approximately 1.485 billion won) in revenue from brand royalties by using his name on various consumer goods such as watches, clothing, books, and Bibles over the past year.