Donald Trump was captured in a photo and fans have noticed there's a $1.2 trillion detail in it.
On Saturday (November 16), Trump faced a warm welcome from tens of thousands of people at UFC 309 at NYC's Madison Square Garden.
The 78-year-old walked out to 'American Bad Ass,' by Kid Rock, and was met with a deafening chant of “U.S.A.! U.S.A.!”
Donald Trump appeared at Madison Square Garden for UFC 309. Credit: Jeff Bottari / Getty
The president-elect, who achieved a decisive victory on Election Day, was spotted sitting next to Yasir Al-Rumayyan and Elon Musk.
Cameras captured the trio enjoying the fight, arguably creating the world's richest sports picture ever as Al-Rumayyan and Musk control nearly $1.2 trillion in assets.
According to Fox Business, Al-Rumayyan is the head of Saudi Arabia’s Public Investment Fund (PIF), which is a sovereign wealth fund. He also chairs Saudi Aramco, the state-owned petroleum company, as well as the country’s largest mining company, Maaden.
In addition to this, the 54-year-old businessman is the chairman of the English Premier League’s Newcastle United Football Club.
Donald Trump enjoyed Jon Jones' victory alongside Yasir Al-Rumayyan and Elon Musk at UFC 309. Credit: Chris Unger / Getty
Meanwhile, Musk has cofounded seven companies, including electric car maker Tesla, and rocket producer SpaceX, and is also the owner of X (formerly Twitter).
Bloomberg's index reported that the 53-year-old is the richest billionaire, with his current net worth being estimated at around $313 billion, per BBC News.
With Trump included, the trios' combined net worth is around $1.8 trillion as the president-elect is worth an estimated $6 billion.
Trump celebrating with UFC fighter Jon Jones. Credit: Chris Unger / Getty
Saturday’s visit marked the soon-to-be 47th US President's first appearance since becoming president-elect. He has largely stayed within the gates of Mar-a-Lago, his private club, and residence in Palm Beach, Florida, after his hectic campaign concluded.
At UFC 309, the 78-year-old was joined by Dana White, the U.F.C. chief executive, podcaster Joe Rogan, as well as several of the choices for his administration: Robert F. Kennedy Jr., Tulsi Gabbard, and Vivek Ramaswamy.
Trump also shook hands with Jon Jones, the current heavyweight champion, after he defeated Stipe Miocic in the third round with a roundhouse kick.
The 37-year-old celebrated his victory by imitating Trump’s viral signature dance - twisting his hips to the beat and bobbing his fisted hands.
He later handed the president-elect his championship belt.
Following Donald Trump publicly buying a Tesla to support Elon Musk, the companies value has skyrocketed.
The 78-year-old president posed with several Tesla models on the South Lawn on March 11, praising the company's innovation while fiercely defending Musk against what he called "unfair treatment" from critics.
President Trump has purchased his new Tesla. Credit: Jabin Botsford/The Washington Post via Getty Images
The event came just hours after Trump took to Truth Social to address growing calls for a Tesla boycott, pledging his support for Musk and vowing to buy a new Tesla himself.
He wrote: "I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American. Why should he be punished for putting his tremendous skills to work in order to help MAKE AMERICA GREAT AGAIN???"
True to his word, Trump arrived at the event ready to purchase a Tesla Model S for himself and a Cybertruck for his 17-year-old granddaughter, Kai Trump.
Whether a publicity stunt or not, the impact was immediate. Tesla's market capitalization soared by $56.3 billion the next day, reaching $780 billion, as reported by Newsweek.
Shares in Tesla surged by 7.6% within 24 hours, marking one of the company’s biggest single-day gains in months.
The electric carmaker had been struggling, losing half its value in recent months amid declining sales, factory shutdowns, and anti-Tesla protests sweeping across the U.S. and Europe.
Trump purchased a Tesla in support of his "First Buddy" Elon Musk. Credit: Andrew Harnik/Getty
Political activists, angered by Musk’s cost-cutting in federal government projects had been organizing "Tesla takedown protests."
While most demonstrations remained peaceful, some escalated into arson attacks, with Tesla showrooms and charging stations set on fire in Colorado, Massachusetts, and New York.
Trump wasted no time in condemning the vandalism and issued a stern warning during a White House press conference: "Those people are going to have a big problem when we catch them. We've got a lot of cameras up, we already know who some of them are. We're going to catch them. And they're bad guys."
Trump admitted that he cannot drive his new Tesla. Credit: Andrew Harnik/Getty
When asked if he would classify violent anti-Tesla protesters as domestic terrorists, Trump didn’t hesitate: "I will do that, I'll do it. I'm going to stop them."
Despite writing a personal check for the Model S, Trump acknowledged that he won’t actually be able to drive it due to Secret Service restrictions.
"I'm gonna buy one, now here's the bad news. I'm not allowed to drive," he admitted. "I haven't driven a car in a long time. And I love to drive cars. But I'm gonna have it at the White House and I'm gonna let my staff use it. I'm gonna let people at the place use it. They all are all excited about that."
With Tesla’s stock rebounding and Musk receiving presidential backing, the tech mogul may have dodged a financial disaster—at least for now.
In what some are calling one of the most bizarre White House events in recent memory, President Donald Trump staged a public Tesla-buying event alongside billionaire Elon Musk.
President Trump has purchased his new Tesla. Credit: Jabin Botsford/The Washington Post via Getty Images
Taking place on March 11, the 78-year-old president posed with various Tesla models on the South Lawn of the White House, praising the company’s quality and slamming Musk’s “unfair treatment” by critics.
The event saw Trump declaring his intention to buy a Tesla Model S for himself and a Cybertruck for his 17-year-old granddaughter, Kai Trump.
It came after Trump addressed the Tesla boycott in a Truth Social post, writing: "I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American. Why should he be punished for putting his tremendous skills to work in order to help MAKE AMERICA GREAT AGAIN???"
Trump purchased a Tesla in support of his "First Buddy" Elon Musk. Credit: Andrew Harnik/Getty Images
Trump’s Tesla Shopping List Exposed
During the event, Trump - wearing his signature blue suit and red tie - was seen holding a note.
Captured by a photographer at the spectacle, a close-up reveals that the note detailed Tesla prices for various models and colors. The list read:
"Tesla Pricing:
Model X - $112,490 (silver)
Cybertruck - $114,000 (Gray)
Model S - $108,990 (Blue)
Model Y - $59,990 (Red)"
Beneath the list, an additional note emphasized affordability: "Teslas can be purchased as low as $299/month or $35K. All cars have self-driving, just needs to be turned on (fee)."
Trump was seen holding a handwritten note with a full price breakdown. Credit: Andrew Harnik/Getty Images
The handwritten breakdown fueled speculation that the entire event was nothing more than a coordinated PR stunt aimed at boosting Tesla sales, which have declined sharply in recent months amid ongoing protests.
During the event, Trump also insisted to Musk: "I don't want a discount."
A Political Show of Support for Musk?
Trump’s sudden enthusiasm for Tesla comes as Elon Musk faces backlash from former Tesla customers over his increasingly public alignment with right-wing politics.
While Tesla was once a favorite among liberal and environmentally conscious buyers, Musk’s political stances — such as the "First Buddy" leading DOGE — have alienated many customers.
At the event, Trump defended Musk, saying: "Because, number one, it's a great product, as good as it gets, and number two," Trump said, pointing to Musk, "because this man has devoted his energy and his life to doing this, and I think he's been treated very unfairly by a very small group of people."
Trump condemned the ongoing protests against Telsa. Credit: Andrew Harnik/Getty Images
Despite his sudden support for electric vehicles, Trump has historically criticized EVs.
Just last summer, while speaking in Chicago at the National Association of Black Journalists, Trump stated: "I'm against everybody having an electric car" -- despite Musk’s endorsement of his presidency.
A Financially Motivated Stunt?
Tesla’s stock price has suffered amid falling sales and concerns that Musk is too distracted by his growing involvement in politics.
The company’s stock plunged 55% from record highs in December, and Tesla shares closed at $230.58 on Tuesday, per Insider.
Adding to Tesla’s troubles, protests have erupted in both the U.S. and Europe, with demonstrators criticizing Musk’s political influence and some even vandalizing Tesla showrooms.
Musk admitted that he cannot drive his new Tesla. Credit: Andrew Harnik/Getty Images
During a press conference at the White House, President Trump issued a stern warning against acts of violence targeting Tesla and its properties, vowing swift action against those responsible.
When asked whether he would classify violent protesters as domestic terrorists, he responded decisively: "I will do that, I'll do it. I'm going to stop them."
He went on to emphasize the government's surveillance efforts, stating: "Those people are going to have a big problem when we catch them. We've got a lot of cameras up, we already know who some of them are. We're going to catch them. And they're bad guys."
Trump Buys a Car He Can’t Drive
While Trump eagerly offered to write a check for his Model S, he also admitted that he won’t actually be able to drive it due to security protocols.
"I'm gonna buy one, now here's the bad news. I'm not allowed to drive," President Trump said. "I haven't driven a car in a long time. And I love to drive cars. But I'm gonna have it at the White House and I'm gonna let my staff use it. I'm gonna let people at the place use it. They all are all excited about that."
"I'm not allowed to use it," he continued. "Can you believe it?"
His granddaughter Kai, however, is expected to get behind the wheel of the Cybertruck — assuming she actually wants the vehicle.
Social Media Reacts
Predictably, the internet exploded with reactions to Trump's note - with many slamming the POTUS for endorsing Tesla on White House grounds to such an extent.
On Reddit, one user summed up the event by saying: "Jesus. This is one of those pictures you see in history books for all the wrong reasons."
"This is extraordinary. The President of the United States is a literal car salesman now," another added.
One Reddit user added: "Using official white house press events to do literal advertisements for his billionaire friends. He needs to be impeached immediately."
Another quipped: "This administration is so unserious. Not that I’m surprised, but every week they escalate to a new level."
"There used to be an Office Government Ethics. I think you can imagine how much their guidance is heeded now," wrote another.
Others couldn’t resist mocking the blatant sales pitch, with one user joking: "This guy should be a World Limbo Champion because there is no bar he can't go lower than."
Donald John Trump, or the Infamous DJT, has long considered wealth to be the hallmark of a successful person. When selecting his cabinet appointees, he was particular about picking someone rich: "I love all people -- rich or poor -- but in those particular positions, I just don't want a poor person. Does that make sense?"
Trump ran on his fortune and his brand, on numerous occasions proclaiming that he is, indeed, very very rich. He's a very wealthy person. Big dollars, big deals. To Donald Trump, capitalism is strictly a proving ground where the inept become poor, and the capable become rich. If only it were so easy.
But by The Donald's own standards, his business and brand is now taking. In Forbes' list of America's richest people, he has plummeted a staggering 92 slots, losing $600 million this year, and dropping his official personal fortune to $3.1 billion.
Trump is now the 248th richest person in the world, tied with 27 year old Evan Spiegel, the founder of Snapchat. Last year he was at 156th, which today, is a 4-way tie at 4.4 billion dollars each. How the mighty have fallen.
Forbes explained: "A tough New York real estate market, a costly lawsuit and an expensive presidential campaign all contributed to the declining fortune of the 45th president."
Forbes followed up on its pessimistic attitude toward the New York real estate market:
"The biggest hit was to Trump's real estate portfolio, which is weighted heavily toward New York City. Values of several Manhattan properties, particularly those on or near Fifth Avenue, have dropped, shaving nearly $400 million off his fortune. Some of his golf properties, including ones in Miami, Ireland and Scotland, have also declined in value, as some would-be guests stayed away, apparently offended by the president's politics and bombast."
It seems that collecting rent on expensive buildings can't pay off forever. For that is exactly how Donald Trump built his fortune: he rented property to extremely rich individuals. He was part of a class of people who don't make money directly through labor, but rather, through renting out what they already own. This class is called rentiers.
It's also highly likely that Trump's children, particularly his sons, Donald Trump Jr. and Eric Trump, are just not the business moguls that their father is. With each generation, the original spark of competence grows thinner and thinner, until it breaks. Inherited wealth is not inherited will - it is only circumstance.
In order to make the Forbes list of the 400 richest Americans, you must have at least $2 billion. Bill Gates and Jeff Bezos war for the top spot at $89 billion and $81.5 billion respectively.
In 2016, the richest Americans compiled together had a staggering $2.4 trillion. But this year alone, that number rose to $2.7 trillion. As the U.S. economy heads for this totally lop-sided tower, concentrating all gains at the top, and socializing all losses among the taxpayers at the bottom, what will become of our precarious world? Will we bail out banks ad infinitum, until exhaustion or collapse?
The Dow Jones, soaring over 22,000 points, does not reflect the condition of the U.S. economy at large. When the top gain, the 'trickle-down' is absolutely minuscule over decades, if it happens at all. What now?
Donald Trump's latest financial disclosure has revealed the extraordinary scale of his earnings since returning to the White House, with cryptocurrency emerging as one of his biggest money-makers.
The 927-page filing, submitted to the U.S. Office of Government Ethics, details the president's finances during 2025, the first year of his second term.
The report is significantly longer than those filed by previous presidents, with Barack Obama's final disclosure spanning eight pages, Joe Biden's 11 pages, and Vice President JD Vance's 17.
Trump's staggering earnings
Donald Trump's earnings since returning to the White House have been confirmed. Credit: Chip Somodevilla / Getty
According to the filing, Trump earned more than $635 million through a licensing agreement with a cryptocurrency company linked to his meme coin, pushing the value of his crypto holdings beyond $1 billion.
The disclosure also shows he received more than $236 million from additional crypto token sales, over $65 million through the sale of equity connected to the Trump family-backed crypto venture World Liberty Financial, and more than $290 million in income generated from cryptocurrency wallets associated with the business.
The $635 million payment is attributed to a company called Celebration Coins.
However, reports say there is little publicly available information about the group, while the Trump Organization did not immediately respond to questions about it.
A White House spokesperson defended the president's financial interests, saying: "Neither the President nor his family has ever engaged, or will ever engage, in conflicts of interest."
The spokesperson added: "President Trump proudly made the United States the crypto capital of the world through executive actions, supporting legislation like the GENIUS Act, and other commonsense policies to drive innovation and economic opportunity for all Americans."
Unlike many previous presidents, Trump did not sell off his business interests or place them into a blind trust before returning to office.
The Trump Organization has previously said his assets are overseen by outside financial institutions, with trades carried out using automated systems.
Experts have their say on Trump's earnings
Rice University historian Douglas Brinkley described the scope of Trump's business interests as unprecedented.
"What strikes me as remarkable is how many pies Trump has his fingers in," Brinkley said.
"There is no precedent to compare it with. No president in the 20th or 21st century has had something that's vaguely comparable."
The filing suggests Trump's crypto ventures generated roughly $1.4 billion during 2025, as his administration continued to embrace digital assets after campaigning on more crypto-friendly policies.
The report also reveals investment activity involving private prison operator GEO Group, one of the largest contractors working with U.S. Immigration and Customs Enforcement (ICE).
Beginning just 10 days after Trump's inauguration, his investment accounts purchased shares in the company as the number of immigrant detainees reportedly increased.
The filing lists purchases ranging from approximately $143,000 to $445,000, alongside stock sales valued between $67,000 and $180,000.
Because many assets are disclosed using value ranges rather than exact figures, it is impossible to calculate Trump's precise earnings from every investment.
Before the latest disclosure, Forbes estimated Trump's net worth at around $6 billion, while Bloomberg placed it closer to $7.6 billion.
Reports following the filing suggest his wealth has almost tripled since returning to office, rising from roughly $2.4 billion to more than $6 billion.
A spokesperson for the Trump Organization described the business as remaining financially strong.
"This disclosure once again demonstrates that The Trump Organization continues to maintain a strong financial position, supported by world class, valuable assets, substantial liquidity and a conservative balance sheet," the spokesperson said.
They also argued the size of the filing reflected transparency, adding: "At nearly 1,000 pages, it represents one of the most comprehensive financial disclosure reports ever submitted and demonstrates a level of financial transparency unmatched in presidential history."
The disclosure also highlights several other notable sources of income.
First Lady Melania Trump reportedly earned more than $10 million by licensing her image for the documentary Melania.
The filing also lists approximately $80 million in proceeds connected to legal settlements involving ABC, anchor George Stephanopoulos, CBS, Meta, YouTube and Google chief executive Sundar Pichai. According to the disclosure, those funds were paid to The Donald J. Trump Presidential Library Foundation.
Trump also received thousands of dollars' worth of complimentary tickets to sporting events from organisations including FIFA, NASCAR, the UFC, and the PGA of America.
The report underscores how cryptocurrency has become one of the president's most profitable business sectors, despite his previous criticism of digital currencies before embracing the industry during the 2024 election campaign.
Elon Musk has hit yet another major milestone in his life.
Musk's networth has hit an all-time high. Credit: Anna Moneymaker/Getty
The billionaire has managed to secure a newfound title after becoming the first person to reach $400 billion in net worth.
According to the Bloomberg Index, there have been several factors at play that have turbocharged the 58-year-old's fortune including President-elect Donald Trump’s win last month, an insider share sale of his privately held SpaceX, which boosted Musk’s net worth by roughly $50 billion as well as the increase in Tesla Inc. shares, pushing Musk’s fortune to a whopping $447 billion.
The outlet reported that not only has Musk now become the first person to surpass $400 billion in terms of net worth, but he also holds the record for the biggest wealth jump in one day, coming in at $62.8 billion.
Musk's net worth has come in around $447 billion. Credit: Anna Moneymaker/Getty
With this in mind, he's helped to propel the combined fortunes of the world’s richest 500 people above $10 trillion, according to the outlet.
While Musk was already a pretty wealthy guy, 2024 saw him increase his net worth by approximately $218 billion, which is more than any other member of the group of rich folks.
And it's all thanks to Tesla shares, which make up the bulk of Musk’s fortune and have gained 71% this year and closed earlier this week at $424.77, their first record high since 2021.
This was influenced by Donald Trump's latest promise that he would help make self-driving cars more accessible by eliminating tax credits for electric vehicles that aid the company’s competitors, which in turn has increased the value of Tesla shares.
Tesla shares as well as more investment in SpaceX have helped Musk to secure his position as the world's richest person. Credit: Andrew Harnik/Getty
The Bloomberg Index also reported that SpaceX and its investors agreed to purchase $1.25 billion of shares from employees and other company insiders, making the business the most valuable private startup in the world.
The deal holds the space exploration company at $350 billion.
Things continue to get better as the outlet also stated that the value of his artificial intelligence startup, xAI, has more than doubled to $50 billion since it last raised money in May, with the Wall Street Journal adding that Trump’s victory last month helped to drive newfound interest into the company.
Word outside of his own business ventures states that Musk will be dabbling in the world of politics by being assigned as co-head of the newly created Department of Government Efficiency, thanks to the 47th President of the United States.
Trump has assigned Musk a role in his administration. Credit: Anna Moneymaker/Getty
I mean, at this point, it's probably fair to say that it's Musk's world and we're all just living in it.
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