Overview

• World Liberty Financial opened token trading on Sept. 1 and secured a two‑part Alt5 Sigma deal totaling about $1.5 billion in shares and cash, moves Bloomberg estimates added roughly $670 million to the family’s net worth.
• American Bitcoin began public trading on Sept. 3 after a reverse merger with Gryphon Digital Mining, briefly valuing Eric Trump’s roughly 7.5% stake at more than $500 million as Hut 8 supplied mining equipment for a majority stake.
• Bloomberg’s Billionaires Index now pegs the family fortune at about $7.7 billion, excluding an estimated $4 billion in WLFI tokens held by the Trumps that remain under lockup.
• The Trumps are listed as WLFI co‑founders alongside Barron Trump and the Witkoff family, and an investor said the team has discussed pursuing tokenized real estate as a next step.
• The rapid gains have intensified ethics scrutiny given the administration’s more crypto‑friendly posture, including dropped SEC cases, as the president’s sons stress their ventures are separate from government.