U.S. President Donald Trump profited from purchasing shares in major technology companies during a market downturn, according to CNBC. The U.S. leader stated that his office has no bearing on the growth of his wealth, reports “Kommersant”.
The network cites the president’s annual financial report. According to the document, on April 8, 2025, Donald Trump executed 327 stock purchases, which is five times his average daily volume. The largest number of transactions involved securities from Apple, Alphabet, Amazon, Microsoft, and Nvidia—he invested between $100,000 and $250,000 in each of these tech companies.
As CNBC notes, the purchases were made during the final stage of a four-day market crash. The crash was triggered by a presidential decree declaring a state of economic emergency, which imposed a 10% tariff on imports from all countries. The subsequent rise in stock prices brought him significant profits.
In an interview with the television network, Mr. Trump rejected accusations that he had profited from his office and pointed out that his assets are currently managed by family members. “I don’t do anything with my business; my children run it. I’ve invested a lot of money, I’ve had a lot of money, and I have a lot of money. I’ve always made money; I’m a good businessman,” he said.
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