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President Donald Trump brushed off questions about his roughly $3 billion jump in net worth since returning to office, telling “60 Minutes” correspondent Ross Douthat, “You should’ve had stock.”
The exchange came in the interview CBS aired Sunday, Trump’s first long-form sit-down since Republicans lost both the House and Senate in last Tuesday’s midterms. It was recorded Friday at the White House, the New York Post reported.
Douthat cited a Forbes story estimating Trump’s net worth had climbed $3 billion. “Well, so did everyone,” Trump replied, according to the CBS transcript. When Douthat said his own net worth had not, Trump shot back, “You should’ve had stock.”
“I devote almost no time to my net worth. I don’t care,” Trump said. “I have a lotta money, and far more than I ever thought I’d have. And I guess it’s gone up. I don’t even know.”
He said a son “who’s a very straight, good guy” watches over his money, added that he rarely discusses it with him, and noted that he doesn’t take a presidential salary.
Douthat then turned to World Liberty Financial, the cryptocurrency company Trump’s family runs. Trump confirmed he is a co-owner. Douthat said the firm is also partially owned by investors connected to the government of the United Arab Emirates.
“I think if I told you that story and it was about the Biden family … you would say, ‘That sounds corrupt,’ right?” Douthat asked.
Trump said most of his money is handed to big Wall Street firms that invest it in index funds. “It’s all computer generated. I have no idea what the hell they’re buying,” he said, later asking, “How do you divest from cash?”
“I have a company. My sons run the company. It’s hard to say to them, ‘Don’t do anything anymore for four years because I’m president,’” Trump said, the Post reported. He added, “I’m a bigger name than other presidents, whether we like it or not.”
Trump’s 2025 financial disclosures, released in June, showed more than $1 billion in cryptocurrency income, the Post reported, including $635 million from sales of the $Trump meme coin and more than $236 million from token sales through World Liberty.
The forms also listed $65.6 million from a sale of World Liberty equity, likely tied to the reported sale of part of the company to firms associated with UAE national security adviser Sheikh Tahnoon bin Zayed al-Nahyan.
Forbes senior editor Dan Alexander, who calculates the president’s net worth for the magazine, disputed Trump’s explanation in a 29-post thread on X, the Daily Beast reported. He identified the crypto ventures as the main drivers of the gain.
Alexander wrote that the dealmaking produced “$1,425,000,000 of liquidity from those two ventures in one year,” and said overseas licensing deals, many in the Middle East, brought in more than $107 million a year in 2024 and 2025.
The White House has rejected conflict-of-interest claims before. “President Trump’s assets are in a trust managed by his children. There are no conflicts of interest,” spokesperson Anna Kelly told CNN earlier, the Daily Beast noted.
Democrats have promised to make the Trump family’s overseas business interests a focus of oversight investigations once the new Congress is sworn in Jan. 3, the Post reported.
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