President Donald Trump has seen a stunning explosion of his own net worth since assuming the presidency, CNN data analyst Harry Enten told anchor Erin Burnett — and he has the cryptocurrency industry, and his ethically questionable deals issuing coins, to thank for that.
"So tell us something we don't know, because obviously, you know, the imagery there is very powerful, but what's the reality?" asked Burnett. "How much is Trump making from crypto deals just right now?"
"I mean, this is one of the most insane stats that I have seen, and I brought you a lot of interesting nuggets," said Enten. "But the Trump family overall, how much have they made on crypto, at least on paper? Get this number. It is about $1 billion. $1 billion. Because remember, it's not just Donald who's involved in crypto. It's Eric who's involved in crypto, and it's Melania who's involved in crypto. That is an insane amount of money."
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"That is incredible," said Burnett. "And it is, as you've been looking at it, just part of a larger picture of Trump's wealth, his wealth personally, taking off."
"It has skyrocketed, Erin. Skyrocketed," said Enten. "Look at what Forbes has found. What they have found, that over the last year, you go back to last year, look. Trump was worth a lot of money, but it was $2.3 billion. Look at how much he's worth now. It's more than doubled. More than doubled. He is now up, his net worth is now $5 billion. Part of that is crypto, but part of that is also, of course, Truth Social, part of the larger media conglomerate going public. But you put it all together, and Trump's wealth is through the roof over the last year."
"Very different than most Americans' 401(k)s right now," remarked Burnett, referencing the recent stock market instability over Trump's tariffs.
Enten added, "In my opinion, crypto voters — those who own crypto — may have made the difference in the 2024 election. Why? Because take a look here. How much more did crypto voters support Donald Trump versus those who didn't own crypto? Look at that, Trump did — get this — his margin was 24 points higher among crypto owners than non-owners. They, of course, have made up an increasing share of the electorate, north of 10 percent of the electorate now, and in my opinion, Trump getting close with crypto may have made the difference and put him over the top."
Watch the video below or at the link here.