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Trumps Turn Election Victory Into a Cash Bonanza

Discussion in 'Too Hot for Swamp Gas' started by PITBOSS, Feb 14, 2025.

  1. PITBOSS

    PITBOSS GC Hall of Fame

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    trump and family are making millions, and it’s only started.
    It’s mentioned he’s supposedly not taking a POTUS salary, but he’s making so much more attributed to his 2nd term.



    WSJ analysis, maybe paywall. But the basic premise below.

    “We licensed the upcoming Melania Trump documentary film and series for one reason and one reason only—because we think customers are going to love it,” said an Amazon spokesman.

    The first lady’s cut is more than 70% of the $40 million, according to people familiar with the matter. And they’re still looking for more: Melania’s agent has been trying to sell “sponsorships” for the film—starting at $10 million—to prominent CEOs and billionaires who were at the inauguration, according to people familiar with the matter.

    The Amazon deal is just one of the ways the new first family has benefited from its return to the White House. Companies have directed about $80 million to members of the Trump family and the Trump presidential library so far, as defendants settle lawsuits the president previously filed against them and corporations enter into new business ventures, including the documentary. This figure doesn’t include potential gains from crypto pursuits.”

    Much of the legal settlement money will go to a fund for the president’s library, a not-for-profit whose mission is to “preserve and steward” Trump’s legacy. But Trump’s share of a $10 million settlement Elon Musk’s X agreed to this week is expected to go to him directly, according to people familiar with the matter.”


    https://www.wsj.com/politics/electi...f8714?st=9Ar1MR&reflink=article_copyURL_share
     
    Last edited: Feb 14, 2025
  2. sierragator

    sierragator GC Hall of Fame

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    Drifters gonna grift.