How much money did Trump make from the presidency? You would be shocked if you calculated it.

The cumulative proceeds of $3.4 billion reorganize the record of power monetization in American political history. This article is written by David D. Kirkpatrick, The New Yorker, and is compiled, compiled, and contributed by Luffy, Foresight News. (Synopsis: Trump's second son Eric Trump warns "don't short BTC and ETH now": you will be crushed) (Background supplement: Huida and Supermicro agree to Trump's "15% AI chip tax", exchange H20, MI308 to import into China, gross profits directly remitted to Washington) President Donald Trump first confronted public questions about the conflict of interest between his business empire and public office at a press release in January 2017. His company, the Trump Group, profits from luxury apartments, hotel rentals, developments and club memberships around the globe, and he also works with various commercial establishments to print his name on various merchandise to collect licensing fees. Can one believe that he would put the public good above personal gain? How will he assure the Americans that the money flowing to his enterprises will not turn into bribes in disguise? Asked if he would make his tax returns public, as has been the case with previous presidents, he bluntly refused, calling the loophole that the presidency is not subject to conflict of interest regulations as a "no conflict of interest clause," as if it were an exclusive benefit. He also revealed that UAE real estate tycoon Hussein Sakiwani's $2 billion Dubai business proposal was considered during the transition period, but eventually abandoned it on the grounds that he "did not want to take advantage" and instead let his eldest son Donald Jr. and second son Eric run his own business. His tax lawyer, Sheri Dillon, said Trump would not "destroy the company he built" and promised that the family would never "abuse the presidency." However, those promises gradually collapsed during Trump's political career. After the 2021 Capitol Hill riots, Dillon's firm terminated representation; By their second term, the Trump family had completely broken their promise of "no new overseas deals" and profited from five major deals in the Persian Gulf alone. Donald Jr. bluntly said that the restraint of the first term did not stop criticism from the outside world, and "there is no need to bind yourself." Today, the amount of money flowing to his family is staggering: a $2 billion investment in the Saudi Crown Prince's control fund, a luxury plane gifted by the Emir of Qatar, profits from the cryptocurrency business, exclusive club membership fees...... Fred Wertheimer, an advocate of moral reform, commented: "Trump has never used public office for personal gain." Although Forbes and The New York Times estimate Trump's net worth at more than $5 billion and $10 billion, respectively, it contains a large amount of book profits and assets unrelated to the presidency. Government ethics lawyer Noam Eisen admitted: "We don't know the full amount." Robert Weissmann, co-president of Public Citizens, said: "We will never really know." Indeed, assessing how much value Trump's presidency brings is a daunting task. But in this article, I want to fairly and objectively quantify the profits the Trump family has made from two presidential terms. Mar-a-Lago, the for-profit club that has now become the mecca of the Make America Great again campaign and the weekend White House, is clearly an entry point. Mar-a-Lago During his 2016 campaign, Trump said the presidential campaign had "little impact" on his hotel and resort business, with the exception of Mar-a-Lago. The Palm Beach estate, which was acquired in 1985 for $10 million, ushered in "the best year ever" due to the campaign. Unlike other presidents who trade contacts for campaign donations, Trump directly sells unlimited access to him and his circle. Mar-a-Lago claims to have a membership cap of 500 people, paying about $20,000 a year each in the early years, and the initiation fee soared to $100,000 after 2016 and plans to rise to $1 million last year. Financial data shows that its annual revenue jumped to $50 million from $10 million in 2014, while operating costs stabilized between $12 million and $16 million. According to this estimate, the additional profits from Mar-a-Lago during Trump's tenure amounted to at least $125 million. Cumulative total: $125 million Legal fees and merchandise The Trump campaign has spent more than $20 million on Trump-owned hotels and resorts over the past decade, contributing to Mar-a-Lago profits. The 2016 and 2024 campaigns paid $18 million for his Boeing 757, which is comparable to the cost of Obama and Romney chartering campaign jets. But Trump's innovation is running a private online store selling merchandise that competes with the team's campaign peripherals, such as a $50 "American Bay" baseball cap and an $18 beer sleeve. Financial disclosures show that such sales brought him more than $17 million in revenue, almost entirely profit. In addition, his licensing income includes guitars ($1.1 million), watches ($2.8 million), sneakers and perfumes ($2.5 million), books ($3 million), Bibles ($1.3 million), etc., totaling at least $27.7 million. What is more noteworthy is that Trump used supporter donations through political action committees (PACs) to pay legal fees, accumulating more than $100 million, covering sexual assault allegations, hush money fraud, overturning election results and other cases. This fee is a "personal gift worth $100 million". Cumulative total: 125 million + 127.7 million = $252.7 million Washington Hotels During Trump's first term, Trump International Hotel Washington was often regarded by the Democratic Party as a "center of corruption." Foreign leaders book entire floors of rooms, and lobbyists and officials crowd bars. But in reality, the hotel loses more than $70 million a year, and its presidency both attracts some customers and drives away an equal number of potential customers who are deterred by fear of scandal. In 2012, Trump agreed to pay the federal government at least $3 million a year to lease the Washington, D.C., building, formerly the post office headquarters, on a long-term lease and invest at least $200 million in renovations. The hotel opened in 2016 and Trump sold it in 2022 for $375 million. In addition, although the Trump Turnberry Golf Resort in Scotland received US military accommodation expenditure (at least $184,000 in the 23 months ended July 2019), it continued to lose money for four years and only turned a profit in 2022, and the US military continued to stay at the resort during Biden's tenure. On the whole, government agencies and profit-seekers offset the spending income and expenditure at the Trump Hotel, and the revenue is calculated as 0. Cumulative total: $252.7 million (unchanged) Persian Gulf Arab monarchs in the Gulf play the dual role of head of state and major buyers of U.S. assets, providing unique business opportunities for the Trump family. During Trump's first term, his son-in-law, Jared Kushner, received a $2 billion investment from Saudi sovereign wealth funds after leaving office by supporting Saudi Crown Prince Mohammed bin Salman. Kushner's Affinity Partners subsequently raised capital from Terry Gou, a businessman in the United Arab Emirates, Qatar and Taiwan, with $4.8 billion in assets under management. By industry standard, the company earns $81 million in annual management fees and generates $810 million in revenue over ten years. It is conservatively estimated that Kushner personally receives half to two-thirds of the benefits, with a current value of about $320 million. Cumulative total: 252.7 million + 320 million = 5.727...