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Trump has purchased bonds worth $103.7 million since taking office

<p>Donald Trump</p>
Donald Trump / Image by: foto Shutterstock

U.S. President Donald Trump has purchased hundreds of bonds since returning to the White House in the presidential position, including those sold by American companies affected by the comprehensive changes in federal policies he has advocated.

According to a document released by the White House, Trump has conducted as many as 690 transactions, the first of which was made the day after his inauguration, with a total value of $103.7 million. For instance, in addition to municipal bonds issued by local authorities, school boards, airport administrations, and energy companies, Trump purchased corporate bonds worth $500,000 from companies such as Qualcomm, Home Depot, and T-Mobile US, and at the end of February, he also bought bonds from Meta Platforms worth at least $250,000.

The report, which must be submitted by all elected federal officials who trade financial instruments, does not specify exact monetary amounts, nor does it indicate that Trump has sold anything. However, these investments provide another example of how the U.S. president, whose net worth is estimated at $6.4 billion according to Bloomberg’s Billionaires Index, continues to seek wealth accumulation while in office.

Unlike his predecessors, Trump has not sold or transferred his assets to a fund with an independent overseer; instead, his business empire is managed by his two sons. It is also interesting that the scope of Trump’s companies overlaps with several areas that intersect with presidential policy.

In an earlier report on the financial activities of the U.S. president in 2024, Trump listed hundreds of bonds that are in his personal investment accounts, which are separate from his business empire. This includes properties such as the Florida resort Mar-a-Lago, a stake in Trump Media & Technology Group, as well as cryptocurrency assets that, according to Bloomberg’s index, have added at least $620 million to his wealth in recent months.

Under federal ethics law, U.S. presidents are not required to sell assets that may pose a conflict of interest, but they have done so nonetheless. Trump is the first president to ignore this tradition since the law was enacted in 1978.