8/20/2025, 7:11:24 AM | theedgemalaysia.com | news
Trump embarks on US$104m bond-buying spree while in office
US President Donald Trump has purchased hundreds of bonds since returning to office, totaling at least US$103.7 million through early August 2025. The transactions include municipal bonds from local governments, school boards, airport authorities, and gas districts, as well as corporate debt from companies such as Qualcomm Inc, Home Depot, T-Mobile US Inc, and Meta Platforms Inc. These purchases are part of his personal investment activity, which is disclosed through a federal financial reporting requirement. Trump's net worth is estimated at US$6.4 billion by the Bloomberg Billionaires Index, and his business empire, managed by his sons, includes properties like Mar-a-Lago and stakes in Trump Media & Technology Group Corp, as well as crypto ventures that have contributed at least US$620 million to his wealth. Unlike previous presidents, Trump has not placed his assets in a blind trust, and this activity continues amid policy changes affecting various industries.