Skip to content
Search

Trump Keeps Getting Richer. The Rest of Us? Not So Much

The president's financial disclosures highlight a second term built around corruption

Trump Keeps Getting Richer. The Rest of Us? Not So Much

Donald Trump arrives to speak at the Faith & Freedom Coalition's 2026 Policy Conference at the Washington Hilton in Washington, D.C., on June 26, 2026.

Kent NISHIMURA/AFP/Getty Images

Donald Trump’s first term in office was a test run — four years spent mapping the ins and outs of how to leverage the federal government to make himself, his family, and his cronies as rich as possible. He’s spent the past 18 months putting what he learned into practice.

The president’s financial disclosures revealed this week that in 2025 he made $2.2 billion — including $1.4 billion on crypto. This is more than he made across all four years of his first term combined. It’s also over three times the $622 million he made in 2024 before returning to the White House, which should tell you all you need to know.


It feels trite to say this kind of naked corruption would end the political career of anyone not named Donald Trump. Of course it would, but so would countless things Trump does on any given day. The harsh reality is that the year is 2026 and Donald Trump is indeed the president, and he’s able to dispose of the media’s questions about, say, selling out the country for billions, as casually as he might remove the lettuce from his Big Mac before tossing it into the Air Force One trash can.

“I don’t get involved,” he said Wednesday as part of a word salad that also involved telling reporters they should be thanking him for how well their 401Ks are doing. “I’m profiting because I have a lot of money and a lot of cash and I give it to institutions,” he added. “I don’t know if they know what they’re doing or not. They buy a vast array of things.”

What? It doesn’t matter. The reporters move on and the corruption train continues unabated.

A few hours after brushing off concerns about his financial disclosures, Trump posted about how Micron, a semiconductor company he has been touting publicly for weeks, invested $250 million into Trump-branded investment accounts for children that were established in last year’s tax bill. It’s unclear how the accounts will actually function. Trump praised Micron again Thursday morning, writing: “How about this? Micron, a GREAT American Company, announced that they are putting in 250 Million Dollars into the Trump Accounts for the future benefit of children, and their stock went up 9 points today.”

You may be able to guess what comes next. Trump revealed in his financial disclosures that he happens to already own a healthy amount of Micron stock, including some purchased this spring.

The fact that one could almost assume that there was something more to Trump’s posts about Micron than the president of the United States wanting to praise a good old-fashioned American company is a testament to how Trump has operated throughout his second term. The White House is open for business, and everything from favorable policy to criminal pardons appears to be for sale.

The well-heeled tech industry has understood this from the day he was elected, pumping millions into Trump’s inauguration fund and scrambling to find new ways to humiliate itself at Trump’s feet after he took office. The president is relishing every second of it. In their new book Regime Change, Jonathan Swan and Maggie Haberman of The New York Times write about how Trump enjoyed telling associates how much Mark Zuckerberg and Jeff Bezos were “kissing my ass.”

“You would not believe the texts I got from these tech guys. I’ve got to show you,” Trump reportedly told guests at Mar-a-Lago.

Trump’s financial disclosures also included the nugget that he received a $10.7 million licensing fee for Amazon’s Melania documentary. The record-breaking deal for the glossy film about the first lady was announced just weeks after Trump dined with Bezos at Mar-a-Lago in late 2024 following his election win. Melania made tens of millions from the project.

The financial disclosures are only what’s in public view. There is of course plenty of corrupt wheeling and dealing that isn’t quite as out in the open as the $400 million Qatari jet Trump took questions in front of on Wednesday (which now serves as Air Force One after it was retrofitted with an additional $400 million of taxpayer money).

The Times offered a glimpse behind the scenes earlier this week, reporting about how Trump and Commerce Secretary Howard Lutnick struck a mining deal with Kazakhstan last year, with Trump and Lutnick’s sons going into business with partners in the deal before the deal was actually signed. The Times noted that the Trumps or the Lutnicks have financial ties to at least 14 companies working with the government on various mining projects.

Trump has no real reason to stop engaging in this kind of corruption, or even to hide it from public view. The Republican Party has agreed not only to cede its congressional duty to check the president’s power, but to actively run cover for him as he bilks the American people — who are enduring the brunt of an economic crisis brought on by his trade agenda and nonsensical war against Iran.

Americans will have a chance to rebuke the party this November, and they very well may have Trump’s corruption top of mind when they head to the polls. “Somebody is making money on the side, and it’s not me,” a Trump voter told MS NOW when asked about the revelation that Trump made $2.2 billion last year. “It’s frustrating that you see your president get richer and richer and the middle class is getting poor.”

There’s always Micron stock.

More Stories

Trump is Selling Out Ukraine to Putin

Volodymyr Zelensky and Donald Trump on the sidelines of the 81st United Nations General Assembly in New York, on Sept. 22, 2026.

Brendan SMIALOWSKI/AFP/Getty Images

Trump is Selling Out Ukraine to Putin

Most Americans continue to support Ukraine in its war against Russia. But under President Donald Trump, their government is now on Russia’s side.

The relationship between Washington and Kyiv has been in crisis since Trump returned to power last year. The White House increasingly blames Ukrainian President Volodymyr Zelensky, rather than Russian President Vladimir Putin, for the war’s continuation.

Keep ReadingShow less
On the Ground, Literally, With the Celebrities Who Were Arrested Protesting Netanyahu

Artists and musicians including Hannah Einbinder, Julien Baker, and Lucy Dacus protested Benjamin Netanyahu's speech at the United Nations, on Sept. 24, 2026, in New York City.

Spencer Platt/Getty Images

On the Ground, Literally, With the Celebrities Who Were Arrested Protesting Netanyahu

Outside of the United Nations, on the corner of First Avenue and 39th Street in New York City, Benjamin Netanyahu was nowhere to be seen.

“Ne-tan-ya-hu, you can’t hide!” the protesters chanted. “You are wanted for gen-o-cide!”

Keep ReadingShow less
Fear and Delusion in Dallas: Inside Trump’s Midterm Convention Flop

Donald Trump is joined by opera singer Christopher Macchio to conclude the Republican midterm convention, on Sept. 10, 2026 in Dallas.

Andrew Harnik/Getty Images

Fear and Delusion in Dallas: Inside Trump’s Midterm Convention Flop

It’s 3:42 in the hot heart of Texas, and the floor of the American Airlines Center in Dallas is a blood-red miasma of dancing elephants. Under the moody crimson lights washing over the crowd at the first ever Republican (Midterm) National Convention, middle-aged peroxide blondes in sparkly American flag cowboy hats sway to the raspy belt of Bonnie Tyler’s “Holding Out for a Hero.” Men in suits and silver belt buckles and leather boots sheepishly bop the “KEEP THE MAJORITY” signs distributed by organizers. The stage is empty right now. Large, menacing images of Joe Biden, Nancy Pelosi, and Kamala Harris loom over the crowd. None of them are running this cycle.

Keep ReadingShow less
It’s Been 25 Years Since 9/11. Did the Terrorists Win?
Illustration by VICTOR JUHASZ

It’s Been 25 Years Since 9/11. Did the Terrorists Win?

I once had a conversation with Barack Obama about the nature of terrorism. This was during his second term, and he’d been going on for a few minutes about how Islamic terrorism wasn’t actually an existential threat to Americans, but rather a chronic and manageable risk. I was all too familiar with this argument, having conducted the interview with John Kerry in 2004, in which he said terrorism could be reduced to the level of a “nuisance” — a quote that blew up on him during the final weeks of the campaign. I found Kerry’s answer problematic then, and I had the same reaction when Obama said it. I asked him pointedly: What would have to happen for him to decide that terrorism was, in fact, existential? How about a suitcase nuke on a subway car? Then would he concede that terrorists were more than criminal gangs?

Keep ReadingShow less
Deeply Unpopular President’s Midterm Pitch: ‘I’m on the Ballot’

Donald Trump speaks on stage on the first day of the 2026 Republican National Convention at the American Airlines Center on Sept. 9, 2026 in Dallas, Texas.

Alex Wong/Getty Images

Deeply Unpopular President’s Midterm Pitch: ‘I’m on the Ballot’

Not a single ballot will be cast for Donald Trump in the 2026 election, but the president is top of mind for Republican candidates facing electoral tests in November. Day one of the 2026 Republican convention — the first ever held during a midterm election year — kicked off in Dallas on Wednesday. The event ostensibly serves to give Republicans the first word in the final sprint towards Election Day, where polls predict that despite coordinated attempts at gerrymandering, voter disenfranchisement, and intimidation, the party is expected to take on heavy losses as voters revolt against the last two years of Trump’s chaotic governance.

Keep ReadingShow less