Donald Trump offered insights into his finances, including the income received from his NFT collection.
TL;DR
- Donald Trump earned $1 billion from selling his Washington-based hotel, speaking fees, and Trump-themed NFT collections.
- He works with CIC Digital LLC to manage his image and digital collectibles, and he has a bank account with under $1,000 and an Ethereum wallet with 250k – 500k in cryptocurrencies.
- Trump’s collectibles, including Trading cards and POTUS Trump, have seen varying floor prices on platforms like OpenSea and Magic Eden. The Series 2 Trump Digital Trading Cards faced controversy when the supply was doubled after minting.
How Much Did Donald Trump Earn From NFTs?
The 45th U.S. President, Donald Trump, has revealed surprising details about his recent financial gains. Accordingly, his $1 billion income came from selling his Washington-based hotel, speaking fees, and the Trump-themed NFT collections!
In fact, Trump works with a company called CIC Digital LLC to manage his image in the NFT space, as well as his collectibles. There’s also a bank account under $1,000 and an Ethereum wallet with 250k – 500k in cryptocurrencies.
How Are Trump’s Collectibles Doing?
In December 2022, Donald Trump entered the Web3 scene with a Trading card collection featuring himself in various states. These collectibles sold out for $99 per piece. At the time of writing, the collection’s floor price is 0.1274 ETH on OpenSea.
Later on, at the start of 2023, Donald Trump also launched the POTUS Trump NFT collection via Solana. This drop would honor his days as ‘the leader of the free world’ sold via the USA Memorabilia website. Priced at $50 per piece, the collectibles now share a floor price of 0.49 SOL via Magic Eden.
Fast-forward to April, Trump surprised the Web3 community again with a new drop: the Series 2 Trump Digital Trading Cards! However, this launch had a rough start because the founding team doubled the supply of Trump NFTs right after minting started.