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๐Ÿ‡ฆ๐Ÿ‡น Austria /Economy & Trade

Crypto, golf deals, golden shoes: How Donald Trump earned billions in the White House

From Der Standard · () German

Translated from German, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Donald Trump reportedly earned millions of dollars during his presidency through various business dealings.
  • Companies allegedly paid Trump significant sums for access and promotion, including for faster "Trump-Postings."
  • These financial activities represent the latest in a series of lucrative ventures during his time in the White House.

During his time in the White House, Donald Trump allegedly generated millions of dollars through a complex web of business activities, according to Der Standard. These ventures reportedly involved companies paying substantial fees for access and promotional opportunities, with some deals potentially worth up to $100,000 per month.

One of the alleged services offered was expedited "Trump-Postings," suggesting that companies sought to leverage the president's platform for their own benefit. This practice is presented as the most recent in a pattern of financial dealings that blurred the lines between the presidency and personal business interests.

The report raises questions about the ethical implications of such financial arrangements while in office. The article suggests a continuous flow of income for Trump through these side businesses, highlighting a unique aspect of his presidency where personal enterprise appeared to run parallel to public service.

DistantNews Editorial

Originally published by Der Standard in German. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.