Trump Family Businesses Launched Since Inauguration Have Raked In at Least $4B
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Trump Family Businesses Launched Since Inauguration Have Raked In at Least $4B
"AMY GOODMAN: In The Wall Street Journal, you recently revealed that ventures launched since Trump's reelection have generated at least $4 billion in proceeds and paper wealth for the Trump family, that figure based on company statements and security filings. In addition, you've reported how one of the family businesses, Trump Media & Technology, recently announced a $6 billion merger with a firm aiming to build the world's first viable nuclear fusion plant to power AI projects and data centers,"
"Ventures launched by the Trump family since Donald Trump's reelection have generated at least $4 billion in proceeds and paper wealth for the Trump family. With investments across sectors like real estate, hospitality, media, cryptocurrency and more, the Trumps are "increasingly integrating their business empire" into the wider U.S. economy, says David Uberti, who has been reporting on the family's self-enrichment for The Wall Street Journal."
Ventures launched by the Trump family since reelection generated at least $4 billion in proceeds and paper wealth. Investments span real estate, hospitality, media, cryptocurrency and speculative financial corners. The family is increasingly integrating its business empire into the wider U.S. economy. The coupling of economic and political influence raises major conflicts-of-interest questions because many business interests operate in areas regulated by government. Proximity to political power can affect deal-making and valuations. Notable ventures include the World Liberty Financial cryptocurrency project and a planned $6 billion merger tied to a proposed nuclear fusion plant to power AI data centers.
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