According to recent financial reports, US President Donald Trump bought corporate and municipal bonds worth at least Rs 82 million between late August and early October. Over 175 deals are included in the reports, indicating an era of active investment.
The maximum total value of Trump's bond acquisitions might surpass Rs 337 million, suggesting a substantial increase in his fixed income holdings, even though the disclosure forms only specify wide investment ranges.
Municipal, state, county, and school district bonds make up the bulk of the assets, indicating investments closely associated with public organizations. The majority of Trump's recently disclosed assets are these instruments.
Additionally, Trump made investments in industries that profited from the policies of his administration, especially financial deregulation.
Broadcom, Qualcomm, Meta Platforms, Home Depot, CVS Health, Goldman Sachs, Morgan Stanley, and JP Morgan are among the companies that have issued new corporate bonds.
Trump bought JP Morgan's bonds in late August despite openly demanding a DOJ investigation into the bank's connections to Jeffrey Epstein. After ordering the government to invest in Intel, he also purchased Intel bonds.
The White House reaffirmed that a third party organization is in charge of managing Trump's portfolio rather than him or his family. In the past, Trump put his business holdings under a trust that his kids managed.
Since taking office again in January, Trump has purchased more than Rs 100 million in bonds, according to an August filing, contributing to a larger trend of significant fixed income accumulation.
Over Rs 600 million in revenue from cryptocurrency, golf assets, licensing partnerships, and other enterprises was disclosed by Trump in his annual June filing. His fortune has increased dramatically as a result of his aggressive foray into cryptocurrency.
Trump's assets were estimated by Reuters to be worth at least Rs 1.6 billion based on his June report, highlighting his continuous wealth even while in government.
