It took more than fame for Donald Trump and his sons to build a crypto empire. They got a lot of help from industry insiders, many of whom happened to need a hand from the president. Meet Trump's crypto cronies. www.forbes.com/sites/danale...
Posts by Dan Alexander
New: Alt5 Sigma, one of Trump's key business partners, told the SEC that it suspended its CEO in mid-October.
An internal email, though, says he was placed on “temporary leave” more than a month earlier.
me, for @forbes.com
1/
Has Donald Trump's business benefited from his political relationship with Saudi Arabia?
NPR's Morning Edition had some great questions today. See a snippet of our conversation below and the full interview here: www.npr.org/2025/11/21/n...
Donald Trump and NVIDIA chief executive Jensen Huang have grown very close recently, which makes sense, if you understand Donald Trump--and all that America's most valuable company has to gain from him.
NEW from me for @forbes.com: Vivek Ramaswamy may have lost a presidential run and his spot atop DOGE, but as he runs to lead Ohio, his net worth is higher than ever. Here's why:
www.forbes.com/sites/kylemu...
Donald Trump took in $21 million from a Saudi real estate firm last year. He will probably receive at least that much again this year—and there appear to be even more deals in the pipeline.
"Vivek Ramaswamy’s Net Worth Has Nearly Doubled While He’s Running For Ohio Governor"
@kylekhanmullins.bsky.social for @forbes.com
Howard Lutnick has reportedly promoted projects as commerce secretary that his kids are benefitting from in business.
Strong story by @ericlipton.nytimes.com, @mrothfeld.bsky.social, David Yaffe-Bellany and @anaswanson.bsky.social.
www.nytimes.com/2025/11/20/u...
Donald Trump claimed he had “nothing to do” with his family business yesterday. Nonsense.
Just published: It took massive paychecks for the Saudi-backed LIV Golf to lure some of the biggest stars away from the PGA Tour. Donald Trump, however, jumped on board for relative pennies.
www.forbes.com/sites/danale...
Before his first term, Donald Trump promised to do no new foreign deals, touting his decision to turn down a supposed-$2-billion offer from a developer in the United Arab Emirates.
Eight years later, he's striking new agreements all over the world--and especially in the United Arab Emirates.
New investigation out this morning. Trump is doing business all over the world--but much of it stems from a single Middle Eastern nation. I take a look inside the country powering the president's moneymaking machine.
www.forbes.com/sites/danale...
New: "Trump Crypto Partner Suspends CEO With No Explanation After Stock Falls 74%"
me, for @forbes.com
1/
The FT commissioned a poll of Trump voters, finding that most thought that the president had made less than $100 million while in office, and a third thought he hadn't made anything from the presidency.
His net worth has, in fact, gone up by billions. www.ft.com/content/2ea2...
NEW: Abu Dhabi’s MGX is suddenly everywhere in Trump’s Washington—
📱 TikTok’s possible new US ownership
💰 A $2B Binance deal using Trump’s stablecoin
💻 A 51% stake in Intel’s Altera unit—and US taxpayers own 9.9% of Intel
Me, for @forbes.com
🎁🔗
Vietnamese real estate mogul Dang Thanh Tam's industrial park firm, Kinh Bac City, boomed during Trump's first term as his trade war with China pushed manufacturers to Vietnam. Now he's partnering with Trump on a $1.5 billion luxury hotel. Read @forbes.com:
www.forbes.com/sites/giacom...
Just published: "Why No One Really Knows How Much Money The Trumps Are Making Right Now" www.forbes.com/sites/danale...
Trump has long badgered the Fed to lower interest rates, which it finally did last week. A review of the president's personal fortune shows he has billions of reasons for doing so. www.forbes.com/sites/danale...
Four of Trump's kids are now worth at least $100 million, according to @forbes.com estimates. They can thank the presidency.
New story out this morning. www.forbes.com/sites/danale...
What makes up Donald Trump's fortune? Forbes breaks it down, explaining exactly what the president owns and owes.
www.forbes.com/sites/danale...
NYT INVESTIGATION:
Anatomy of Two Giant Deals: The U.A.E. Got Chips. The Trump Team Got Crypto Riches.
NYT digs into links between a lucrative transaction involving the Trump family’s cryptocurrency firm and an agreement giving the Emiratis access to A.I. chips.
www.nytimes.com/2025/09/15/u...
No president in U.S. history has used his position of power to profit as immensely as Trump, whose net worth is up $3 billion in the last year. That vaults Trump 118 spots higher on The Forbes 400, out this morning. www.forbes.com/sites/danale...
Thank you! Not sure. But there’s plenty to write about these days, and I’m happy to be still doing it at Forbes!
Lots.
5/ Also in the files: something I reported earlier this month, about a missing $1.1M ring that belonged to the wife of billionaire Robert Smith, who rented one of Trump's homes as his federal tax investigation heated up. More on that below. www.forbes.com/sites/danale...
4/ In 2021, there was a report of another car stolen, this time a blue Range Rover, at the same Trump house across from Mar-a-Lago. 18 minutes after the call, the report notes "VEH LOCATED AT 1100 SOB." 1100 South Ocean Boulevard is Mar-a-Lago's address.