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🇰🇷 South Korea /Economy & Trade

Trump amassed billions through merchandise, crypto, and lawsuit settlements

From Hankyoreh · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Donald Trump has amassed significant wealth since his presidency, reportedly earning over $2.2 billion through various ventures.
  • His earnings stem from diverse sources including merchandise sales, cryptocurrency, book deals, and settlement payments from lawsuits.
  • Trump also receives a substantial pension from his past work in the entertainment industry.

Donald Trump has significantly expanded his wealth since leaving the presidency, reportedly earning over $2.2 billion through a wide array of business activities. His financial disclosures reveal a strategy of leveraging all available avenues, from selling merchandise bearing his name to engaging in cryptocurrency ventures and benefiting from lawsuit settlements.

Among his diverse income streams, Trump has generated millions from "Trump-branded" merchandise. This includes sales of items like a Trump-themed Bible, photo books such as 'Save America,' and even Trump-branded sneakers and fragrances. His limited-edition 'America Eagle' guitar also reportedly brought in an additional $36,000 from musicians.

Trump earned over $86,000 in pension last year from the American Screen Actors Guild (SAG-AFTRA).

Details about Trump's pension from his entertainment career.

Further contributing to his post-presidency earnings are income generated through entertainment and media. His wife, Melania Trump, earned $10.7 million from a documentary produced by Amazon. Trump himself receives a substantial annual pension from his past career in the entertainment industry, collecting over $86,000 last year from the Screen Actors Guild (SAG-AFTRA). This pension stems from his cameo appearances in films like 'Home Alone 2' and his hosting of the reality show 'The Apprentice.'

Additionally, Trump has secured significant financial gains from settling various lawsuits against major media and tech companies. He received $24.5 million from Meta for the suspension of his Facebook and Instagram accounts, $32 million from CBS and ABC for defamation claims, $22 million from YouTube over account suspensions, and $8 million from Twitter co-founder Jack Dorsey. His financial disclosures, spanning 927 pages, also detail extensive stock trading, including substantial investments in NVIDIA during a period of rapid stock growth.

He received $24.5 million from Meta, $32 million from CBS and ABC, $22 million from YouTube, and $8 million from Jack Dorsey as settlement payments.

Summary of lawsuit settlement amounts received by Trump.
DistantNews Editorial

Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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