President Donald Trump has bought hundreds of bonds since he took office in January, worth at least $103.7M in total, according to disclosures filed with the Office of Government Ethics.
The disclosures were for Trump’s bond purchases this year through early August, totaling a little over 690 transactions. The amounts or prices for each transaction were not specified, as only broad ranges are required to be disclosed.
Trump bought corporate debt in tranches of at least $500,000 each from Qualcomm (NASDAQ:QCOM), Home Depot (NYSE:HD), UnitedHealth (NYSE:UNH) and T-Mobile (NASDAQ:TMUS) in February. He also bought at least $250,000 of debt from Meta (NASDAQ:META) in February.
These are in addition to purchases of various municipal bonds issued by local governments, airport authorities, gas districts and school boards.
According to Forbes, Trump’s net worth stood at $5.5B as of this month. His business interests are currently managed by his sons Don Jr. and Eric Trump.