[
The Trump family’s earnings include a $40 million deal with Amazon for a documentary about Melania Trump, a lucrative cryptocurrency venture, and plans for a high-end members-only club in Washington, D.C.
According to The New York Times, Trump has significantly profited from his presidency. Their report highlights the family’s coordinated efforts to capitalize on his political brand, with Melania, Donald Jr., and business associates involved in several monetized ventures.
One such effort is Melania Trump’s Amazon documentary. The First Lady is reportedly set to earn more than 70% of the $40 million licensing deal—around $28 million. Sources claim it is Amazon’s highest payment ever for a documentary, with Disney reportedly bidding just $14 million.
The family has also ventured into cryptocurrency. Reports suggest the Trump team and its partners have earned more than $320 million in fees from their new meme coin, $TRUMP.
This week, approximately 220 elite $TRUMP investors were invited to a private dinner at Trump’s golf club in Northern Virginia, where filet mignon and halibut were served. According to social media posts from attendees, Trump delivered a 30-minute speech—before dancing to “YMCA.”Meanwhile, Donald Trump Jr. is launching a private members-only club in Washington, D.C. Named Executive Branch, the Georgetown venue will charge a $500,000 membership fee and is expected to open this summer. It will replace the now-closed Clubhouse restaurant and feature two bars, a lounge, a dining room, and a boardroom.While other presidential families have faced scrutiny over private ventures, Trump is believed to be the first to personally profit at this scale from his political tenure.
As a reminder, U.S. presidents earn a base salary of $400,000 as established in Title 3 of the U.S. Code, along with $50,000 in non-taxable expenses, $100,000 in travel allowance, and a $19,000 entertainment budget, according to CBS News.
Despite ethical concerns, a White House spokesperson previously said: “The president’s assets are in a trust managed by his children. There are no conflicts of interest.” — Anna Kelly
https://img.etimg.com/thumb/msid-121414887,width-1200,height-630,imgsize-35972,overlay-economictimes/articleshow.jpg
https://economictimes.indiatimes.com/news/international/global-trends/from-melanias-amazon-documentary-to-trump-jr-s-500000-club-how-donald-trump-and-his-family-are-minting-money/articleshow/121414146.cms