US President Donald Trump
US President Donald Trump purchased stocks worth between $461 million and $1.4 billion in 2025, while simultaneously waging a global trade war and signing sweeping tax-cut legislation, according to financial disclosures. 
Documents analyzed by the Financial Times showed that Trump generated at least $2.2 billion in external income over the past year, driven by investments in cryptocurrencies, real estate, licensing agreements, legal settlements, and stock sales, alongside his return to the White House.
According to the newspaper’s analysis, Trump executed more than 22,000 stock trades in one year, compared with just 13 trades disclosed by former President Joe Biden over four years.
During Trump’s first term, he disclosed 517 stock trades.
The filings also showed that reporting rules do not require the exact value of each transaction to be disclosed, as they are reported within broad financial ranges.
Trump’s stock sales were estimated at between $138 million and $433 million.
Bets on technology, independently managed portfolio
The analysis showed that the stock purchases were executed through eight investment accounts. Seven tracked broad US market indexes, while the eighth focused on selecting individual stocks across a range of sectors.
The portfolio included investments in major technology companies, including up to $70 million in Microsoft, $63 million in Apple, $33 million in Amazon, and $21 million in Broadcom.
NVIDIA also represented a significant holding in the portfolio, with Trump purchasing shares worth up to $67 million, as the stock gained roughly 39% over the year amid the company’s growing global prominence.
All investment assets are held in independently managed discretionary accounts overseen by external financial institutions, which have sole authority over investment decisions without any involvement from the president, his family members, or the organization, according to Trump Organization’s spokesperson.
US President Donald Trump
US President Donald Trump purchased stocks worth between $461 million and $1.4 billion in 2025, while simultaneously waging a global trade war and signing sweeping tax-cut legislation, according to financial disclosures.
Documents analyzed by the Financial Times showed that Trump generated at least $2.2 billion in external income over the past year, driven by investments in cryptocurrencies, real estate, licensing agreements, legal settlements, and stock sales, alongside his return to the White House.
According to the newspaper’s analysis, Trump executed more than 22,000 stock trades in one year, compared with just 13 trades disclosed by former President Joe Biden over four years.
During Trump’s first term, he disclosed 517 stock trades.
The filings also showed that reporting rules do not require the exact value of each transaction to be disclosed, as they are reported within broad financial ranges.
Trump’s stock sales were estimated at between $138 million and $433 million.
Bets on technology, independently managed portfolio
The analysis showed that the stock purchases were executed through eight investment accounts. Seven tracked broad US market indexes, while the eighth focused on selecting individual stocks across a range of sectors.
The portfolio included investments in major technology companies, including up to $70 million in Microsoft, $63 million in Apple, $33 million in Amazon, and $21 million in Broadcom.
NVIDIA also represented a significant holding in the portfolio, with Trump purchasing shares worth up to $67 million, as the stock gained roughly 39% over the year amid the company’s growing global prominence.
All investment assets are held in independently managed discretionary accounts overseen by external financial institutions, which have sole authority over investment decisions without any involvement from the president, his family members, or the organization, according to Trump Organization’s spokesperson.
