How much money is Trump making off the presidency?

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• 00:04

  Good morning. It's Wednesday, August 20th.

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  I'm Shamita Basu.

• 00:08

  This is Apple News Today.

• 00:10

  On today's show, how one major city significantly moved the needle on its homelessness crisis,

• 00:16

  why some California homeowners are against a fire code that could prevent wildfire damage,

• 00:22

  and the U.S.

• 00:24

  Open revamps its mixed doubles competition.

• 00:33

  But first, for as long as President Trump has been in the public eye,

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  he has built his reputation around his money and businesses.

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  He entered the Oval Office in 2017 a billionaire,

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  one of the richest people to ever win the presidency, and his wealth has skyrocketed since.

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  But one question that's been difficult to answer is just how much money he and his family have made over the years as a result of his presidencies.

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  So New Yorker staff writer David Kirkpatrick spent months digging through deals to try and calculate it.

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  And to do that, I went through all of the different sources of revenue, new deals, new businesses,

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  new income streams that I could find, and I asked with each one, is this coming from the presidency?

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  Is this leveraging the presidency?

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  Does this depend on the presidency?

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  Or is this money that the family would have made in their old business as an owner of real estate and a reality television star?

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  He decided to focus primarily on Trump's liquid assets,

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  the cash in the bank versus things like stocks or meme coins, which can change in value.

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