Float a cryptocurrency, you and the family pocket a cool $21 billion. Not bad for a day’s work. From Igor Chudov at igor-chudov.com:
Interesting news today. Last night, Donald Trump created a new cryptocurrency called $TRUMP.
80% of this cryptocurrency is owned by insiders, likely Trump himself and possibly his family. At the time of this writing, with $TRUMP at $28.47, the total valuation of this cryptocurrency is 27,182,959,932.
https://crypto.news/price/official-trump/
This makes the value of Trump’s insider shares $27,182,959,932*0.8 = $21,746,367,945. (21 billion dollars)
For outsiders, this meme cryptocurrency has no use whatsoever and is only good for owning and bragging to other like-minded people.
For Trump, it represents a cool nominal increase in his net worth of 21 billion dollars.
