特朗普总统在位期间通过加密货币交易和海外项目获得巨大利润。他从同Dar Global的酒店授权中获得2200万美元,推销商品收入超2000万美元,仅MAGA级吉他推广费达110万美元。美国本土高尔夫球场和酒店收入约为3.5亿美元。相比之下,数字市场带来的财富更多,他在Truth Social母公司的股份价值12亿美元,发行的$TRUMP币据报为其家庭带来至少3亿美元收益。与WLF的代币合作让他家族关联实体获得高达3.13亿美元收益。
特朗普家族利用其影响力积极扩展业务。他的儿子们管理家族信托,并分别介入PublicSquare和GrabAGun等公司,还投资于Thumzup Media和American Bitcoin等加密企业。他们正在筹备上市SPAC,目标融资3亿美元,并与著名投资银行Dominari Securities等建立合作。预测市场的爆炸性增长加剧了内幕信息的价值,Kalshi与Polymarket平台每周下注额约为20亿美元,较夏季增长四倍,特朗普家族成员担任顾问。
尽管大众化和去中介趋势盛行,内幕地位的回报显著上升。大企业为与总统保持良好关系争相示好,不少大型交易都依赖总统的政策和豁免。预测市场监管较弱,内幕交易更具吸引力。除非法院加强司法约束,否则只要市场持续高涨并由信息不对称主导,成为“局内人”仍然异常有利可图。
President Trump profited greatly during his term, especially through cryptocurrency deals and overseas projects. He received $22 million from hotel licensing with Dar Global, over $20 million through merchandise, including $1.1 million for MAGA guitars, and approximately $350 million in revenue from US golf clubs and hotels. However, his greatest gains came from digital markets: his stake in Truth Social’s parent company is worth $1.2 billion, and his $TRUMP coin reportedly earned at least $300 million for his family. Deals with WLF tokens brought as much as $313 million in profits to related Trump entities.
The Trump family leverages their influence to expand business. His sons manage the family trust and are directly involved in companies like PublicSquare and GrabAGun, as well as investing in crypto firms such as Thumzup Media and American Bitcoin. They are planning to list their own SPAC targeting $300 million and have ties to key investment banks like Dominari Securities. The boom in prediction markets has further increased the value of insider information: Kalshi and Polymarket host about $2 billion in weekly wagers, four times their summer size, with Trump family members serving as advisers.
Despite the rhetoric of democratization, insider returns are rising sharply. Corporations vie for presidential favor, with major deals hinging on policy and exemptions. Prediction markets, with weak regulatory oversight, make insider trading more attractive. Unless courts strengthen enforcement, so long as markets remain exuberant and information gaps persist, being an insider will continue to prove remarkably lucrative.