President Donald Trump has made substantial investments in major American companies during the first quarter of this year, acquiring stocks and bonds from corporations such as NVIDIA, Boeing, and Microsoft. The total value of these investments is estimated to be in the tens of millions of dollars.
Bloomberg reported on Friday that two financial disclosure documents, each over 100 pages long, submitted to the U.S. Office of Government Ethics (OGE) reveal that President Trump purchased these assets during the first quarter, with individual investments reaching up to 5 million USD.
The purchase details include holdings in NVIDIA, Oracle Corporation, Microsoft, Boeing, and Costco Wholesale Corporation. Unlike members of Congress, President Trump is not required to specify whether he traded stocks or bonds, leaving the exact nature of his transactions unclear.
The largest sale transaction, however, took place on February 10. On this date, President Trump divested holdings in three tech giants—Microsoft, Meta (formerly Facebook), and Amazon—valued between 5 million USD and 25 million USD. Earlier in January, he also reportedly sold at least $5 million worth of Vanguard exchange-traded fund (ETF) shares.
In a departure from his predecessors, Trump has neither divested his assets nor placed them in a blind trust managed by an independent trustee. A blind trust is a mechanism that requires public officials to hand over control of their assets to an unrelated representative during their tenure, preventing any interference.
Trump’s vast business empire is currently under the management of his two sons. Critics point out that some aspects of his business interests directly intersect with presidential policies, raising potential conflicts of interest.