May 4, 2026
I do not know if the numbers on the Forbes chart below are correct but it is quite obvious that Trump and his family are using their positions to enrich themselves.
Trump sons to take stake in Kazakh miner that won $1.6bn US backing ( archived) - FT
The Trump family last year netted more than $1bn in pre-tax profits from their various cryptocurrency projects and have continued to pile into AI, drones and critical minerals companies that have won lucrative US government contracts
Trump family-backed drone firm signs weapons deal with US - Bloomberg via MSN
The US Air Force agreed to buy an undisclosed number of interceptor drones from a company backed by President Donald Trump's sons, according to the firm, deepening the military's ties to defense contractors linked to the first family as the US war with Iran enters its third month.
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Democrats in Congress have asked the Pentagon for more information about other defense contractors and technology firms with ties to the president's family. In addition to Powerus, Eric Trump backed a reverse-merger deal between Israeli drone maker Xtend and JFB Construction Holdings, a publicly listed construction company.
Jared Kushner, Steve Witkoff and the Profitable Business of Peace ( archived) - NY Times
For the time being, the board's logo stands for little more than the idea that the politics of peace can be married to capital interests and the belief that this alignment stands to benefit everyone involved. Kushner and Witkoff's fellow executive board members include Martin Edelman, a corporate lawyer with extensive ties to the upper echelons of the United Arab Emirates, and Marc Rowan, the chief executive of Apollo Global Management. In May 2025, Apollo invested $100 million in the Witkoff Group; Edelman is the general counsel of G42, an A.I. company controlled by the U.A.E.'s national security adviser, Sheikh Tahnoon bin Zayed Al Nahyan. A New York Times investigation found that Tahnoon was involved in a deal that netted $2 billion in 2025 for World Liberty Financial, the crypto company owned by Trump's and Witkoff's sons.
In his January executive order establishing it as a public international organization, Trump wrote that the Board of Peace is covered by the International Organizations Immunities Act, which prohibits employees or agents of an international organization (and their immediate family members) from being sued for "official work." But that same law defines an international organization as an entity that results either from a treaty or from an act of Congress - neither of which is true of the board.
Previous presidents have also benefited financially from their time in office. Joe Biden's 'care' for his family was legendary. But none has been so unashamed about it like Trump.
If only there would be an opposition party in Congress using its power to do something about this.
Reprinted with permission from Moon of Alabama.