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Forbes Daily Briefing

How Trump’s Attack On Venezuela May Have Made Him Money

Forbes Daily Briefing

Forbes

News, Careers, Business, Entrepreneurship

4.612 Ratings

🗓️ 9 January 2026

⏱️ 5 minutes

🧾️ Download transcript

Summary

Deposing Latin America’s foremost dictator seems to have lifted the prices of the president’s crypto-tied assets.

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Transcript

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0:00.0

Here's your Forbes Daily Briefing for Friday, January 9th.

0:05.1

Today on Forbes, how Trump's attack on Venezuela may have made him money.

0:11.5

The U.S. military incursion into Venezuela hasn't just bolstered Donald Trump's standing with

0:17.1

South Florida anti-communists, his tensions with other Latin American countries, or his willingness

0:22.3

to threaten Greenland and Colombia. It appears to have increased his personal wealth as well.

0:29.3

And no, it wasn't the oil on which Trump is so fixated that provided the jump. The oil markets

0:34.8

largely shrugged off the nighttime Caracas raid that captured Venezuelan

0:38.7

dictator Nicolas Maduro. For Trump, some newfound wealth has been coming out of another

0:44.6

class of assets that did well after last weekend, cryptocurrencies, especially ones tied to the

0:50.6

president. And he owns a lot of them. Since the Venezuela raid, as of Wednesday,

0:57.7

Forbes estimates that the value of his crypto-related holdings is up about $140 million in all.

1:05.1

The biggest boost looks to have come from his shares in Trump Media and Technology Group,

1:09.9

or TMTG, which jumped on Monday

1:12.4

morning trading and has stayed high. The president's nearly 115 million shares are worth about

1:18.8

$63 million more as of market close on Tuesday than they were before the Caracas

1:24.1

attack, a gain of about 4%. Why?

1:28.5

TMTG is an amalgamation of several businesses.

1:31.8

It owns the social media platform Truth Social, recently announced a merger with a fusion

1:36.7

energy company, and also has pursued a Bitcoin Treasury strategy and other crypto ventures.

1:42.8

Bitcoin, alongside the financial markets, has climbed in the last

1:45.9

few days on the news of Maduro's ouster, perhaps carrying TMTG along with it. Another possible

1:52.5

explanation is that when Trump enjoys prominent foreign policy wins, like Maduro's arrest,

...

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