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The Trump family's wealth surged by $1.3 billion last week, with WLFI contributing $670 million to the increase.
BlockBeats News, September 8th, the Trump family saw a significant increase in their wealth last week due to the listing of the crypto mining firm American Bitcoin (ABTC) and the gains brought by World Liberty Financial (WLFI). Their total wealth increased by $1.3 billion. WLFI contributed $670 million to the Trump family's net worth. Eric Trump, as a co-founder of ABTC, saw his stake in ABTC valued at over $500 million after the company went public last Wednesday. At that time, ABTC's stock price surged to $14 before plummeting over 50% to a low of $6.24.
However, this $1.3 billion does not yet include the approximately $4 billion worth of WLFI tokens held by the Trump family, which are currently subject to a lock-up period. Excluding the $4 billion WLFI tokens, the Trump family's collective net worth has now surpassed $7.7 billion.
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