The Trump family’s foray into cryptocurrency has yielded impressive results, with their venture, World Liberty Financial, generating over $1.4 billion in payouts to both families since the president’s re-election. Zach Witkoff, 32, heads the company and has become a wealthy financial celebrity alongside his father Steve, who serves as President Trump’s special envoy. The crypto sector, once a new frontier for the family members, has proven lucrative, allowing them to extract cash quickly before the market downturn affected retail investors. With connections to influential figures like Binance founder Changpeng Zhao, the younger Witkoff tours the globe and enjoys high-end timepieces worth hundreds of thousands of dollars.
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Source: https://www.wsj.com/finance/currencies/trump-sons-crypto-billions-1e7f1414