Trump’s approval rating is plummeting – as his fortune grows and grows | Arwa Mahdawi
Summary
President Donald Trump’s net worth is growing quickly, reaching about $6.5 billion, largely due to his business activities and stock trading. Despite this financial success, his approval rating has dropped to a record low of 33% among registered voters.Key Facts
- Forbes estimated President Trump’s net worth at around $6.5 billion in March.
- Trump reportedly made $2.2 billion in 2025 from business interests like cryptocurrency sales and Truth Social posts.
- Trump claimed on social media to have made “hundreds of billions” on stocks, although this figure is likely exaggerated.
- The US government owns a nearly 10% stake in Intel, which has increased significantly in value, seen as a benefit to taxpayers.
- Trump made over 1,000 stock trades in June, with his oil and gas holdings increasing by about $16 million due to the war with Iran.
- Experts note that it is unusual and potentially problematic for a president to hold and trade individual company stocks.
- A majority of Americans support laws to stop lawmakers and their families from trading stocks related to their work, but currently, such laws do not apply to the president.
- Despite financial gains, Trump’s approval rating has fallen to 33%, a historical low.
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