Former U.S. President Trump's financial report revealed: Real estate income exceeds $100 million, holds Ethereum.
Previously, cryptocurrency news media Watcher.Guru speculated that former U.S. President Trump held 250,000 US dollars worth of Ether. Now, Fortune and Bloomberg both cited financial documents confirming that his crypto wallet holds 250,000 US dollars worth of Ether, and one of his companies based in Miami alone has generated 140 million US dollars in revenue.
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Trump Holds Ether, Real Estate Income Exceeds $100 Million
As Trump, a 2024 presidential candidate, is required to disclose his financial situation for 2021 to the U.S. Office of Government Ethics (OGE) by July, originally set for May 15th, he has twice extended the deadline by 45 days, and the document has finally been revealed.
The document shows that one of Trump's wallets holds between $250,001 and $500,000 worth of ETH.
Trump's highest income comes from a company based in Miami, which owns golf courses and resorts, with income from 2022 to April 30th of this year totaling $1.458 billion.
In addition, the historic private estate "Mar-a-Lago" in Florida and the Trump Ruffin Tower in Las Vegas generated incomes of $52.3 million and $32 million respectively.
Although Trump has criticized cryptocurrency in the past, it is not surprising that he holds ETH, as he has launched two personal NFT projects.
Trump Launches NFTs Twice
Last December, Trump released 45,000 NFTs based on Polygon on his own social media platform "TRUTH Social."
Recap: Trump Launches NFT Project with a Total of 45,000, Priced at $99 Each
He also announced the release of a second wave of NFTs on April 18th this year.
Trump: Bitcoin Looks Like a Scam
Trump has always maintained the attitude that "the dollar is the world currency," believing that the value of cryptocurrencies like Bitcoin is based on nothing, lacks value, and is highly volatile, and is used in illegal activities such as drug trafficking.
He has also stated during his tenure that he is not a fan of Bitcoin.
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity….
— Donald J. Trump (@realDonaldTrump) July 12, 2019
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