Eric Trump multiplies fortune after his father’s election and targets cryptocurrency sector

The son of the President of the United States, Eric Trump, has multiplied his wealth tenfold since his father’s election and now has around US$400 million, according to a Forbes survey released last Thursday (4).

The jump coincides with the expansion of family-structured cryptocurrency companies in the months leading up to Donald Trump’s return to the White House.

Most of this appreciation stems from Eric’s entry into the crypto market through companies created or reorganized shortly before the Republican election victory. The strategy included rapid mergers, going public and accumulating digital assets in companies controlled or influenced by the president’s children.

The process occurred in parallel with the redesign of the government’s foreign policy, which increased the international visibility of the Trump brand and opened new commercial fronts.

Eric joined the industry in February 2025, when he created American Data Centers with his older brother. Just over a month later, the company was incorporated by Hut 8, the Bitcoin mining company that gave rise to American Bitcoin.

At the end of September, the new company held 3,418 bitcoins valued at around US$320 million, in addition to a market value of more than US$2 billion. Eric’s 7.3 percent stake was estimated at $160 million.

Before entering the cryptocurrency market, Eric accumulated just over $30 million in liquid assets, according to Forbesin addition to properties acquired over the last few years. The US$160 million stake in American Bitcoin therefore represents a wealth leap that did not exist before returning to Washington.

But asset advancement is not limited to digital mining. World Liberty Financial, a company launched by Donald Trump with his children before the 2024 election, earned Eric around $135 million in cash, tokens and stablecoins.

The figure corresponds to the portion estimated by the Forbes for the division between the heirs, as Trump controls 70% of the family stake in the business. The combination of new assets consolidated Eric as the group’s main economic beneficiary.

Forbes reached out to the president’s son to comment on the values. He disputed the estimates, but did not present documents, alternative numbers or justifications.

The lack of explanations reinforces doubts about the transparency of operations, especially given the accelerated appreciation of newly created companies and the proximity between government decisions and the family’s private interests.

The articulation between business and political power has become a central axis of the Trump business model. Licensing agreements signed last year in Dubai, Saudi Arabia and Vietnam, in addition to recently announced agreements in Qatar, India, Romania and the Maldives, expanded the family organization’s international presence in parallel with Donald Trump’s return to government.

Part of these revenues is managed by Eric, who has been benefiting from the reactivation of his father’s external connections.