World Liberty Financial ($WLFI) has generated at least $1.4 billion for the Trump and Witkoff families since November 2024, far more cash than Donald Trump’s real estate empire generated in eight years.
summary
- World Liberty Financial has generated at least $1.4 billion for the Trump and Witkoff families since late 2024.
- largely $WLFI Proceeds from the tokens will flow to entities controlled by Trump.
- Related virtual currency ventures including Bitcoin in the US experience dramatic decline after listing
According to the Wall Street Journal, the Trump family received at least $1.2 billion in cash and an additional $2.25 billion in unrealized gains on cryptocurrencies within about 16 months. The Witkoff family earned at least $200 million during the same period.
$WLFI According to the disclosed information, $WLFI The token sale will go to a company controlled by President Trump, with 12.5% each going to the Witkoffs and co-founders Zach Folkman and Chase Herro. President Trump owns 70% of Trump Entities, with the rest held by his family.
The big trigger was a January 2025 deal in which Abu Dhabi-backed investors acquired a 49% stake in World Liberty for $500 million, with $187 million upfront going to Trump companies and $31 million to the Witkoff family.
According to the New York Times, Eric Trump signed the deal just before Inauguration Day in 2025. This coincided with the UAE’s efforts to secure US artificial intelligence (AI) chips.
The company also created liquidity through a controversial mechanism involving Alt5 Sigma, a Nasdaq-listed company in which World Liberty acquired a controlling interest. Alt5 raised $750 million from investors and used most of the proceeds for acquisitions $WLFI You can get tokens directly from World Liberty at a premium price. Through this structure, more than $500 million flowed to Trump’s entities and more than $90 million to Witkoff. After this transaction, Alt5 stock plummeted, $WLFI Token rejected.
Separately, Eric Trump owns a large stake in American Bitcoin. American Bitcoin is another crypto venture whose valuation soared and then collapsed after going public. The White House denied any conflict of interest and said the companies operate independently.
