NO PRESIDENTIAL SALARY, TRUMP SAYS: Trump Disputes Forbes Estimate Of Nearly $3 Billion Jump
Gallery
Videos
In an interview airing Sunday on 60 Minutes, correspondent Ross Douthat asked President Trump how his net worth rose by nearly $3 billion since he returned to office, according to a Forbes estimate. Forbes says the jump is driven largely by crypto, estimating his crypto holdings and cash at about $2.4 billion, including roughly $709 million in a memecoin launched around his second inauguration and stakes tied to the family's World Liberty Financial. In a clip from the interview, Trump disputes the exact $3 billion figure, says he spends almost no time on his finances, and notes that he takes no presidential salary. He also said his son, whom he called a "straight good guy," oversees his assets.
The interview is Trump's first sit-down since the midterm elections, in which Republicans suffered big losses, and it also covers the economy, foreign policy, and working with Democrats. Critics say the crypto gains raise conflict-of-interest questions, while Trump has previously said his sons run those businesses and are not in government. Estimates of his wealth vary widely, and others have put the family's gains from the presidency anywhere from about $3 billion to much higher. What viewers will be watching for is whether his answers settle the questions about the line between his business ventures and his time in office.