According to the Bloomberg Billionaires Index, the Trump family's total wealth has fallen from $7.7 billion at the beginning of September to about $6.7 billion now, primarily dragged down by its rapidly expanding encryption investment portfolio. Among them, the Trump memecoin has fallen about 25% since August, and the Bitcoin mining company American Bitcoin (ABTC) held by Eric Trump has seen its market capitalization slump 50%, evaporating over $300 million. Trump's media (TMTG) has experienced a decline in equity value of about $800 million due to unfavorable $2 billion Bitcoin and CRO bets, with a loss of about 25% on its 11,500 Bitcoin positions. The WLFI token of the Trump family's encryption project World Liberty Financial has declined by nearly $3 billion in book value from its peak.
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The total wealth of the Trump family has decreased to approximately 6.7 billion dollars.
According to the Bloomberg Billionaires Index, the Trump family's total wealth has fallen from $7.7 billion at the beginning of September to about $6.7 billion now, primarily dragged down by its rapidly expanding encryption investment portfolio. Among them, the Trump memecoin has fallen about 25% since August, and the Bitcoin mining company American Bitcoin (ABTC) held by Eric Trump has seen its market capitalization slump 50%, evaporating over $300 million. Trump's media (TMTG) has experienced a decline in equity value of about $800 million due to unfavorable $2 billion Bitcoin and CRO bets, with a loss of about 25% on its 11,500 Bitcoin positions. The WLFI token of the Trump family's encryption project World Liberty Financial has declined by nearly $3 billion in book value from its peak.