★ Topic
Trump Family Business Dealings
$7.34B documented · July 2021 – May 2026
- Actions
- 23
- People
- 28
- Orgs
- 40
- Sectors
- 17
President Trump and his family — including sons Donald Jr. and Eric, son-in-law Jared Kushner, and the Trump Organization — have used the prominence of the presidency to launch business ventures and secure lucrative arrangements with foreign governments, regulated industries, and private donors. The combined record shows how government actions and policy decisions have intersected with private Trump-family financial gain throughout the second term.
Actions
Private Action
May 2026Trump sons anchor Dominari's $1B American Ventures portfolio
$1.04B
Government Action
April 2026U.S. Air Force orders drones from Trump-tied Dominari portfolio firm
Private Action
January 2026ByteDance TikTok U.S. spin-out names MGX, Oracle, Silver Lake
Government Action
November 2025U.S. agencies pledge $1.6B to Kazakhstan mine of Trump-orbit firm
$1.6B
Private Action
October 2025Truth Social launches prediction market with Crypto.com affiliate
Private Action
September 2025Dar Global launches $1B Trump Plaza Jeddah, second Saudi collaboration
$1B
Government Action
September 2025Trump TikTok deal names Tahnoon's MGX as U.S. operator
Private Action
August 20251789 Capital invests in Polymarket, places partner Trump Jr. on board
Government Action
July 2025DOJ drops Polymarket probe, clearing path for US reentry
Government Action
July 2025FCC approves T-Mobile deals after DEI rollback under Trump pressure
Private Action
July 2025T-Mobile powers Trump-branded mobile service while Trump is president
Private Action
May 2025Trump hosts golf-club dinner for memecoin holders after $148M buy-in
$148M
Private Action
May 2025Fr8Tech buys $20M in $TRUMP memecoin as trade advocacy
$20M
Private Action
May 2025Trump International Hotel Dubai launches $1B 80-story project
$1B
Private Action
April 2025Dar Global signs Qatar government deal for Trump-branded golf and villas
Private Action
April 2025Serbia approves Trump-Kushner hotel on government-owned land
Private Action
April 2025Trump Jr. runs paid speaking tour across Eastern Europe and Balkans
Private Action
April 2025Trump Jr. and Witkoff sons launch $500K-per-member DC club
Private Action
January 2025Kalshi names Trump Jr. strategic advisor week before father's inauguration
Private Action
December 2024Dar Global and Trump Org launch $533M Trump Tower Jeddah
$533M
Private Action
November 2024Donald Trump Jr. joins venture firm 1789 Capital
Private Action
September 2024Trump family launches World Liberty Financial crypto platform
Private Action
July 2021Saudi sovereign fund hands Kushner's firm $2 billion over its panel's objections
$2B
People
Ranked by appearances across this topic's actions.
11 actionsDonald TrumpTrump administration negotiated the TikTok-US operating arrangement, which closed with this January 2026 deal four months after MGX's September 2025 selection as an approved operator.
11 actionsDonald Trump Jr.Anchor investor in most American Ventures vehicles and ~12% combined private shareholder of Dominari Holdings via the advisory-board relationship he and his brother formed in late 2024.
9 actionsEric TrumpAnchor investor in most American Ventures vehicles and ~12% combined private shareholder of Dominari Holdings via the advisory-board relationship he and his brother formed in late 2024.
2 actionsJared KushnerListed developer of the Serbia hotel project; son-in-law of President Trump.- 2 actionsOmeed MalikCo-owner of Executive Branch via 1789 Capital; head of the Florida-based venture firm that also hired Donald Trump Jr. as a senior executive.
1 actionAleksandar VučićPresident of Serbia; his administration approved the hotel project on government-owned land and hosted Donald Trump Jr. on his late-April 2025 visit.- 1 actionAlex WitkoffCo-owner of Executive Branch; son of Trump Middle East envoy Steve Witkoff.
1 actionAntoni TrenchevCo-founder of Nexo and a former Bulgarian lawmaker; appeared on stage with Donald Trump Jr. in Bulgaria to announce Nexo's US-market re-entry.
1 actionCameron WinklevossFounding member of Executive Branch; co-CEO of Gemini Trust, whose SEC enforcement case was paused under Trump-installed agency leadership in April 2025.- 1 actionChase HerroCo-executive behind World Liberty Financial who helped structure and reveal the WLFI token allocation during the announcement event.
1 actionDavid SacksFounding member of Executive Branch; Trump White House "crypto czar".- 1 actionDavid ScottMGX chief strategy and safety officer; takes a seat on the new TikTok-US venture's board representing MGX's 15 percent stake.
- 1 actionEgon DurbanSilver Lake co-chief executive; takes a seat on the new TikTok-US venture's board representing Silver Lake's 15 percent stake. Also sits on the boards of Dell, G42, and Waymo.
- 1 actionJavier SelgasChief executive of Fr8Tech; announced via SEC filing in May 2025 that the company would spend $20M on $TRUMP memecoin tokens to "advocate for fair, balanced and free trade between Mexico and the U.S."
- 1 actionJeff MillerFounding member of Executive Branch; top Trump fund-raiser and lobbyist who in Q1 2025 registered 39 new corporate clients including the offshore crypto firm Tether.
1 actionJustin SunTop $TRUMP holder; attended both the private pre-dinner reception and the dinner itself while his attorneys were negotiating with Trump's SEC.- 1 actionKenneth GlueckOracle executive vice president; takes a seat on the new TikTok-US venture's board representing Oracle's 15 percent stake.
- 1 actionKyle WoolDominari Holdings chief executive who befriended Eric Trump and Don Jr. and brought them onto the advisory board in late 2024.
1 actionLarry EllisonOracle co-founder, executive chairman, and chief technology officer; one of the world's richest people. Indirect exposure to TikTok-US via Oracle's 15 percent stake. The NYT notes he has frequently visited the White House and Mar-a-Lago.
1 actionMohammed bin SalmanAs chair of the Public Investment Fund's board and the kingdom's paramount decision-maker, overrode the unanimous objection of PIF's screening committee to approve the $2 billion investment in Kushner's firm. Beneficiary of Kushner's defense of the crown prince inside the Trump White House after U.S. intelligence concluded he approved the 2018 killing of Jamal Khashoggi.- 1 actionMorten ChristensenBought enough $TRUMP during the qualifying window to land an invite; attended the dinner.
1 actionPéter SzijjártóHungary's Foreign Minister; met with Donald Trump Jr. in Budapest during the President's son's paid speaking tour.- 1 actionRebekah MercerProminent Republican donor and backer of 1789 Capital, maintaining financial ties to a venture firm now partnered with the president-elect's son.
- 1 actionShayne CoplanPolymarket CEO who had been the subject of an FBI device seizure in October 2024; received no criminal charges following closure of the DOJ investigation.
1 actionSheikh Tahnoon bin Zayed Al NahyanChairs MGX; the TikTok-US selection extended his commercial footprint in another sensitive US market.
1 actionTyler WinklevossFounding member of Executive Branch; co-CEO of Gemini Trust, whose SEC enforcement case was paused under Trump-installed agency leadership in April 2025.
1 actionZach WitkoffCo-owner of Executive Branch; son of Trump Middle East envoy Steve Witkoff and co-founder of World Liberty Financial.- 1 actionZachary FolkmanCo-executive behind World Liberty Financial who publicly disclosed the WLFI token distribution breakdown during the livestream announcement.
Organizations
Ranked by appearances across this topic's actions.
7 actionsTrump OrganizationReceives branding and management fees on the $1B Trump Plaza Jeddah residential / serviced-apartment / office / townhouse complex.- 4 actionsDar GlobalLondon-listed international arm of Saudi developer Dar Al Arkan; announced the $1B Trump Plaza Jeddah in September 2025 as its second Jeddah-based collaboration with the Trump Organization.
3 actions1789 CapitalMade an undisclosed strategic investment in Polymarket and facilitated Donald Trump Jr.'s placement on Polymarket's advisory board.- 3 actionsAmerican Ventures$1.04 billion investment vehicle (21 entities as of early April 2026) targeting U.S. small-cap and private companies in crypto, AI, drone, nuclear, and defense sectors. 90 percent owned by Dominari Holdings.
- 2 actionsDominari HoldingsTrump Tower-headquartered financial group that owns 90 percent of American Ventures; Trump sons sit on its advisory board and own ~12 percent of its stock. Run by CEO Kyle Wool.
2 actionsMGX15 percent stake — tied for the largest investor position. Emirati AI/tech investment firm founded 2024 by Mubadala and G42; chaired by Sheikh Tahnoon bin Zayed Al Nahyan. Chief strategy and safety officer David Scott takes a seat on the new venture's board. Closing of MGX's September 2025 selection as a TikTok-US operator under the Trump-negotiated arrangement.
2 actionsPolymarketReceived an undisclosed strategic investment from 1789 Capital and added Donald Trump Jr. to its advisory board, as the company works to expand its U.S. footprint.- 2 actionsT-MobileReceived FCC approval for two network expansion deals after ending its DEI programs under pressure from the Trump administration, and simultaneously entered a business relationship powering Trump Mobile.
- 1 actionAffinity PartnersKushner's newly formed private equity firm. The $2 billion PIF commitment made the Saudi government the firm's cornerstone investor and constituted the bulk of its reported assets under management. In exchange, PIF received a stake of at least 28 percent in Affinity's main investment vehicle.
- 1 actionAureus GreenwayFlorida golf-course operator that IPO'd in February 2025 with Dominari as lead underwriter; agreed in March 2026 to merge with Powerus, making it the public vehicle through which the U.S. Air Force order flows.
1 actionByteDanceChinese parent that spun out the U.S. operation; retains a 19.9 percent stake — the legal maximum under the 2024 federal divestiture law — and licenses the recommendation algorithm to the new U.S. entity. Founded 2012; valued at $480 billion in private markets. CEO Liang Rubo; co-founder Zhang Yiming remains involved in strategy.- 1 actionCove Kaz CapitalU.S.-registered firm that secured access to a Kazakhstan tungsten mine in November 2025 and was the direct recipient of the combined $1.6 billion in federal letters of interest. Agreed to merge with Skyline Builders in May 2026.
- 1 actionCrypto.comAn affiliate of Crypto.com is partnering with Trump Media to power the Truth Predict platform.
- 1 actionExecutive BranchPrivate Washington membership club; profits from $500k seats sold to executives and donors seeking proximity to the Trump administration. Re-creates the role previously served by the lobby of the Trump International Hotel in Washington.
1 actionFederal Communications CommissionApproved two T-Mobile network expansion deals in July 2025, following T-Mobile's termination of its DEI programs under Trump administration pressure.- 1 actionFight Fight Fight LLCCo-controller of the $TRUMP memecoin alongside the Trump Organization affiliate; receives a share of trading fees generated by the contest.
- 1 actionFr8TechMonterrey, Mexico-based publicly-traded shipping company that announced a $20M purchase of $TRUMP memecoin tokens in May 2025, framing the buy as advocacy for fair US–Mexico trade.
1 actionG42Emirati AI company; co-founder and part owner of MGX, gaining indirect equity exposure to TikTok-US through MGX's 15 percent stake. The NYT notes the CIA and other U.S. intelligence agencies under the Biden administration warned about G42's ties to large Chinese firms considered security threats; G42 has since divested some of those holdings (including in ByteDance) as part of a Microsoft partnership.
1 actionHungaryGovernment of Hungary; arranged a ministerial meeting between Foreign Minister Szijjártó and the US President's son during a paid commercial tour.
1 actionKalshiAppointed Donald Trump Jr. as Strategic Advisor, announcing the role publicly and framing it as a milestone for the company's growth and mainstream ambitions.- 1 actionLiberty Mobile WirelessServes as the mobile virtual network operator for Trump Mobile, renting bandwidth from T-Mobile and providing the underlying service infrastructure for the Trump Organization's branded offering.
- 1 actionMemeCoreTop-25 $TRUMP holder; attended the private pre-dinner reception with Trump.
1 actionMubadalaAbu Dhabi sovereign wealth fund; co-founder and part owner of MGX, gaining indirect equity exposure to TikTok-US through MGX's 15 percent stake.- 1 actionNexoCryptocurrency platform that paid Donald Trump Jr. to appear at a Bulgaria event and used the platform to announce its re-entry into the US market — two years after the SEC fined it $45M and forced it out of the country.
- 1 actionOracle15 percent stake — tied for the largest investor position. Will oversee the security of Americans' data and monitor changes and updates to TikTok's recommendation technology. Has housed Americans' TikTok data on its servers since 2022. Executive vice president Kenneth Glueck takes a seat on the new venture's board.
- 1 actionPortfolio HungaryHungarian business-news outlet that sponsored and paid for the Budapest dinner where Donald Trump Jr. appeared as a paid speaker.
- 1 actionPowerusDrone manufacturer that received the limited Guardian-2 Interceptor procurement order. Agreed to merge with Aureus Greenway in March 2026; Dominari was lead underwriter of the Aureus February 2025 IPO and American Ventures invested in the merged entity.
- 1 actionPublic Investment FundSaudi Arabia's $620 billion sovereign wealth fund. Its Board Investment Committee voted unanimously against the Kushner deal at the June 30, 2021 meeting (codename "Project Astro"); the full board, chaired by Crown Prince Mohammed bin Salman, overrode the panel within days and approved the $2 billion commitment.
- 1 actionQatarQatari government counterparty whose official signed the Dar Global deal authorizing the new Trump-branded golf course and luxury villa complex.
1 actionSerbiaSerbian state granted government-owned land for the planned Trump-family hotel project; President Vučić publicly courted the Trumps with the visit.
1 actionSilver Lake15 percent stake — tied for the largest investor position. Menlo Park-based tech investment firm; co-CEO Egon Durban takes a seat on the new venture's board and also sits on the boards of Dell, G42, and Waymo. Silver Lake has invested in G42 since 2021 and previously teamed with MGX on the 2025 Altera acquisition; its affiliate Vantage Data Centers invested $15 billion in a Wisconsin Oracle/OpenAI data-center campus.- 1 actionSkyline BuildersHong Kong-based construction group that Dominari took public in early 2025 and that American Ventures invested in in August 2025. In May 2026 it agreed to merge with Cove Kaz Capital, becoming the publicly listed vehicle through which the federally backed tungsten project would flow.
- 1 actionTikTok USNew American venture spun out from ByteDance to operate TikTok in the United States under the 2024 federal divestiture law; ~80 percent owned by non-Chinese investors with ByteDance retaining 19.9 percent. Licenses the TikTok recommendation algorithm from ByteDance and holds authority to moderate content on the U.S. app.
1 actionTrump Media & Technology GroupLaunched Truth Predict, a crypto prediction market, as a new product of its Truth Social platform, entering a market made viable in the US by the Trump administration's regulatory posture.
1 actionU.S. Air ForcePlaced a limited procurement order in late April 2026 for the Powerus Guardian-2 Interceptor drone system.
1 actionU.S. Department of JusticeEnded its investigation into Polymarket without filing charges, removing a major legal barrier to the platform's return to the US market.
1 actionU.S. Export-Import BankFederally funded agency that issued a letter of interest committing in principle to a portion of the combined $1.6 billion in project financing for the Cove Kaz Capital tungsten mine.
1 actionU.S. International Development Finance CorporationFederally funded agency that issued a letter of interest committing in principle to a portion of the combined $1.6 billion in project financing for the Cove Kaz Capital tungsten mine.
1 actionUnited Arab EmiratesUAE authorities granted required real-estate permits for the Dubai Trump Tower within roughly a month, per Eric Trump's on-stage remarks at the launch.
1 actionWorld Liberty FinancialThe newly announced cryptocurrency platform whose token structure was revealed; set to conduct a public token sale representing 63% of WLFI supply.
Sectors involved
Derived from the organizations and individuals involved.
- Construction & Engineering
- Consumer Goods & Hospitality
- Cryptocurrency
- Defense & Aerospace
- Energy & Environment
- Federal Government
- Financial Services
- Foreign Governments
- Investment Firms
- Media & Entertainment
- Political Committees & Political Money
- Prediction Markets
- Private Foundations & Donor Networks
- Technology & AI
- Telecommunications
- Transportation & Infrastructure
- Trump Family Business