Eric Trump recently told the Financial Times that the Trump family has not made money from politics. He said, “If there’s one family that hasn’t profited off politics, it’s the Trump family.” Many people online reacted to this statement because there have been reports that the family’s wealth has grown a lot since Donald Trump was president. Critics say that the family’s business deals and investments do not match Eric Trump’s claim.
A recent report from CBS News says that the Trump family’s net worth has gone up by about $2.9 billion because of crypto investments. The report says that these investments now make up around 40 percent of their wealth. The family launched meme coins like $TRUMP and $MELANIA and also owns a big part of a crypto exchange called World Liberty Financial. These businesses have made large profits. Some reports say that an Abu Dhabi firm gave $2 billion to back a new stablecoin called USD1.
People on social media have mocked Eric Trump’s statement. One user commented, ‘LOL gold sneakers, Bible, phone, etc. OH MY,’ referencing the questionable products Donald Trump has officially endorsed over the years.” Many think this shows the family enjoys the benefits of wealth and fame while claiming they did not gain from political life.
Trump family’s crypto business under the spotlight
World Liberty Financial is a new crypto exchange linked to the Trump family, continuing their foray into digital assets that began with Donald Trump’s controversial NFT trading cards.. It brings in money from trading fees and new crypto products. This includes the stablecoin USD1, which was launched with help from Gulf investors. Reports say Eric Trump called their crypto venture a “very profitable hedge.” Some experts and watchdogs worry that the family’s influence in politics may have helped them get better business deals.
In the same interview with the Financial Times, Eric Trump also spoke about the family possibly becoming a political dynasty. He said that the path for the family in politics would be easy if they chose it. This has raised questions about whether they could keep mixing politics with business. Many people say that while it is legal to run businesses, it is important for politicians and their families to stay away from conflicts of interest.
There are still questions about how much the Trump family’s wealth depends on their political connections. Some supporters argue that they have every right to invest and grow their money like anyone else. But critics say the family should not claim they did not profit when there is so much proof of gains linked to their public role.
Published: Jun 27, 2025 02:26 pm