'Hundreds of billions': Trump makes bold claim about what he's made

WASHINGTON, DC: President Donald Trump used a Truth Social post to defend his financial record, claiming he has made “Hundreds of Billions of Dollars” from stocks and other holdings for the United States rather than himself.

Trump was responding to accusations from Democrats about his wealth as scrutiny has focused on his business interests and earnings during his second presidency.

He made the claim alongside an image showing him seated in the Oval Office before four computer screens displaying stock market and budget information.

Trump says his gains benefited the US

Trump wrote on Sunday, September 6, “I do this for our Country, not myself,” before claiming he had made “Hundreds of Billions of Dollars on Stocks, and many other type Holdings, for the USA, not myself.”

He then blamed the criticism on Democrats, writing, “All I do is get criticized by the Radical Left Dumocrats. Very unfair, but what can you do!”

The post did not provide figures or other details supporting the claim. 

The Guardian reported in August that Trump’s second presidency had generated $2.2 billion in 2025 revenues for his interests, citing cryptocurrency holdings, foreign-linked business activity, and his Truth Social business among the sources of revenue.

Trump reported at least $1.4 billion in crypto earnings in 2025 on financial disclosure forms filed in June, according to that report. 

His family-linked crypto venture World Liberty Financial brought in $799 million for Trump in 2025, while he earned another $636 million from his $Trump memecoin, the report said.

Democrats have raised wealth concerns

Democratic lawmakers have pointed to several business ventures involving Trump and his presidency as conflict-of-interest concerns.

Sen Mark Warner of Virginia urged six major Wall Street financial trade groups in July to reject Truth Social’s Truth API, a product offering wealthy buyers early access to Trump’s posts for $100,000 a month, as per the report.

Warner wrote that the groups should “not legitimize an arrangement that sells privileged access to market-moving presidential communications, especially for the president’s personal financial benefit.”

Democratic Senators Elizabeth Warren and Adam Schiff also called the Truth Social arrangement “an outrageous abuse of the president’s office for his personal benefit that undermines everyday investors and the integrity of our markets, while enriching Wall Street and other wealthy insiders.”

Trump dismissed conflict-of-interest concerns

The Guardian report cited legal experts and former federal officials who raised concerns about Trump’s approach to presidential conflicts of interest.

Princeton historian Julian Zelizer said, “Trump has figured out a way to monetize the presidency, political power, and public policy in ways no other president has achieved.”

Larry Noble, a former general counsel at the Federal Election Commission, said Trump had “openly rejected restraints on presidential conflicts of interest” and was using presidential powers to financially benefit his family’s businesses.

Trump has dismissed conflict-of-interest concerns, telling the New York Times in January that he has a “very honest family” and noting that he had never taken his presidential salary.