Since Donald Trump’s return to power in 2025, several sources have reported over a period of time that he has added millions of dollars to his net worth, taking it to approximately $7 billion. Not only that, the companies/projects he has associated himself with, since resuming office, have also allegedly gained stupendous profits.
However, time and again, Trump and his supporters have maintained that he has not made any profits off the presidency.
Recently, Trump’s claims found the support of his second son, Eric Trump, who has been a key person in managing his father’s businesses, including the Trump Organisation. Speaking to the hosts of CNBC’s chat show ‘Squawk Box,’ Eric spoke of the Trump family’s association with the crypto empire and the future of cryptocurrency and bitcoin. While he elucidated on the matters, he was a bit taken aback when he was questioned about the September 15, 2025, article that came out in the New York Times. The same suggested that Trump had taken a $2 billion bribe from a United Arab Emirates-backed financial firm, MGX Fund Management Limited. The amount was said to have been invested in the cryptocurrency exchange company, Binance. It was also alleged in the article that in return for the whopping investment, Trump had shared several highly sensitive AI microchips with the Emirati government.
Eric denied all the allegations and said, without really answering the question (are we surprised?):
“Joe, how long have I been sitting at this table? Like 20-something years. Meaning, I’ve been doing this with you guys for very long time. We’re far from Hunter Biden.”
He further took a dig at Hunter Biden, son of Joe Biden and his first wife, Neilia Hunter Biden and remarked:
“The guy’s out there selling finger art, right? You know I’ve run one of the great hospitality companies anywhere in the world.”
He also spoke about how he and his family have gone through “hell,” while highlighting that Donald Trump is the first guy to have not made money off of the presidency. He mentioned this while also pointing out that most of the money that was earned was reinvested into legal proceedings involving Trump and his government.
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