Trump Has Made Billions While In Office. How Does His Wealth Compare With Past Presidents?

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At nan extremity of June – successful nan run-up to America’s ceremony of nan 250th day of nan signing of nan Declaration of Independence – President Donald Trump staged nan White House’s first-ever master sporting event. And while nan UFC Freedom 250 evening of mixed martial arts was ostensibly portion of nan July 4 jamboree, Trump took nan opportunity to beforehand his family’s business interests.

Fighters were paid bonuses successful US$1 stablecoins, nan cryptocurrency owned by nan Trump family, while nan arena itself costs a reported US$60 million, overmuch of which was taxpayers’ money.

The US president’s expertise to make money while successful agency has been a attraction of attraction since his financial reports for 2025 were made nationalist astatine nan extremity of June. His reported gross jumped from US$622 cardinal successful 2024 to US$2.2 cardinal successful 2025, nan first twelvemonth of his 2nd term.

His reported gross jumped from US$622 cardinal successful 2024 to US$2.2 cardinal successful 2025, nan first twelvemonth of his 2nd term

His reported gross jumped from US$622 cardinal successful 2024 to US$2.2 cardinal successful 2025, nan first twelvemonth of his 2nd term (Getty Images)

While he and his family declare that location is nary conflict of interest, location is small uncertainty that Trump has been capable to profit from his position. But really does his financial summation arsenic president stack up pinch immoderate of his caller predecessors?

The Kennedy family were famously wealthy. The family’s patriarch, Joseph Kennedy, put immoderate of his money into trusts for his children, allowing John Fitzgerald, Robert Francis and generations of early Kennedys to prosecute authorities without financial interest aliases conflicts betwixt business and nationalist service.

Kennedy’s successor Lyndon B. Johnson owned important onshore and a mini media empire successful Austin, Texas pinch his woman Lady Bird, each of which was put into a unsighted spot and officially controlled without nan Johnsons’ engagement while he was successful office.

During nan 1972 predetermination cycle, Time mag reported that incumbent president, Richard Nixon had improved his finances by conscionable complete US$300,000 during his first statesmanlike term, noting that he was “not yet a millionaire”. Most of Nixon’s financial assets were tied up successful spot and his civilian work pension.

Jimmy Carter’s celebrated peanut workplace assets were put into a spot erstwhile he won office, and he near nan presidency successful $1m of indebtedness pursuing droughts successful Georgia. Ronald Reagan, who succeeded Carter and was not a businessmen but a movie actor-turned-politician, came to agency pinch immoderate assets. His assets – weighted successful 1981 astatine astir US$4 million, chiefly made up of his 2 properties – were besides held successful spot while he was successful office.

George W. Bush made almost US$15m trading his liking successful nan Dallas-based Texas Rangers shot franchise successful 1998, while he served arsenic politician of Texas. Barack Obama earned money from royalties connected book income while successful office, but some he and Bill Clinton person amassed sizeable wealthiness since leaving office.

George W. Bush made almost US$15m trading his liking successful nan Dallas-based Texas Rangers shot franchise successful 1998

George W. Bush made almost US$15m trading his liking successful nan Dallas-based Texas Rangers shot franchise successful 1998 (Getty Images)

None of these presidents appeared to leverage their presidency aliases their image to gain money while successful agency successful nan measurement that Trump has during his 2nd term. Instead, they tended towards waiting until nan post-presidency years.

Lucrative memoirs

Making money post-presidency is hardly a caller story– nan likes of James Buchanan and Ulysses S. Grant penned memoirs to gain money arsenic acold backmost arsenic nan 19th century. Nixon penned a well-paid memoir and made a lucrative and celebrated bid of tv interviews pinch David Frost successful 1977 that earned him a guidelines costs of $600,000 – complete $3 cardinal successful 2026.

Perhaps nan astir lucrative of these post-presidential careers has belonged to Bill Clinton. Still a comparatively young man of 54 erstwhile he near office, he moved into a nationalist speaking and advising career. By 2016, he had made US$189m, US$38m of which had travel from memoirs and different penning projects.

Barack Obama followed suit, pre-selling nan authorities to his memoirs instantly aft leaving agency for successful a mixed book woody pinch his woman Michelle reported to beryllium US$60m.

Obama waited until he had officially stepped down earlier publically concluding negotiations pinch Penguin Random House, taking nan aforesaid pains arsenic his predecessors to debar nan accusation of conflicting interests betwixt his nationalist work and backstage business.

Obama waited until he had officially stepped down earlier publically concluding negotiations pinch Penguin Random House

Obama waited until he had officially stepped down earlier publically concluding negotiations pinch Penguin Random House (Getty Images)

Cashing successful connected nan presidency?

No modern president has travel adjacent to Trump’s earnings, either while successful agency aliases aft leaving.

In his first word Trump made attempts to differentiate his businessman persona from his caller profession. Sean Spicer, his first White House property secretary, announced successful 2017 that Trump was donating his first 4th net to nan National Park service, a contented he continued passim his presidency. But he still amassed business revenues of US$2.4b – much than his predecessors by a sizeable margin.

But moreover this could good beryllium dwarfed by nan magnitude of money Trump stands to make successful his 2nd term, if nan first twelvemonth is immoderate guide. The 47th US president continues to reason that he follows nan aforesaid way arsenic different presidents and that his wealthiness is managed astatine arms’s magnitude by outer trusts and partnerships.

About nan author


Benjamin Quail is simply a Lecturer successful US Cultural and Social History, Queen's University Belfast. This article was first published by The Conversation and is republished nether a Creative Commons licence. Read nan original article .

But nan caller motorboat of Truth API – a paid-for information provender which gives entree successful “milliseconds” to posts connected TruthSocial, a societal media level launched by Trump successful February 2022 – has led to calls from his governmental opponents for nan Securities and Exchange Commission to investigate. Posts by nan president and different powerful group connected nan level are known to move markets.

A caller canvass by CNN has recovered that astir two-thirds of Americans judge that Trump has gone excessively acold successful pursuing his individual business interests while serving arsenic president. Whether this will wounded his party’s prospects successful nan midterm elections successful November is yet to beryllium seen. But what is clear is that nan immense magnitude of money nan US president has earned – and nan powerfulness he wields complete regulatory systems – now blurs nan lines betwixt nationalist agency and backstage business successful a measurement that fewer different American leaders have.

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