President Donald Trump asserted in a Truth Social post on Sept. 6 that he had generated hundreds of billions of dollars in gains on stocks and other holdings on behalf of the United States rather than for himself. The claim was also reported by Cointelegraph (post).

"I've made Hundreds of Billions of Dollars on Stocks, and many other type Holdings, for the U.S.A., not myself," Trump wrote.

The post included no figures, financial records, or other supporting details to substantiate the amount cited. As a result, the statement remains an assertion by the president rather than an independently verified accounting of gains generated for the U.S. government.

Trump Links Stock Gains to U.S. Interests

Trump framed his trading and holdings activity as benefiting the United States rather than creating personal wealth. The remark came alongside a series of posts and images focused on financial markets and the performance of individual stocks.

One image shared by the president showed him at the Resolute Desk surrounded by stock-market screens, including displays of Intel stock at $20 and later at $95. The image was identified as AI-generated.

Neither the White House nor Trump provided a detailed breakdown showing how the claimed "Hundreds of Billions of Dollars" were calculated, or how any such gains were transferred or attributed to the U.S. government.

Intel Investment Draws Attention

The comments also drew attention to the U.S. government's stake in Intel. The administration acquired a roughly 9.9% stake in the chipmaker in August 2025, purchasing 433.3 million shares at $20.47 each, according to reporting published after the original transaction. The Intel deal marked a notable shift in U.S. policy, as the federal government has historically held equity stakes in private companies only in limited circumstances, such as the bailout-era positions in banks and automakers during the 2008 financial crisis.

Intel shares subsequently rose sharply. The stock closed at $95.80 on Sept. 4, according to Benzinga, placing the market value of the government's Intel position substantially above its original purchase price. Based on the reported share count and prices, the unrealized appreciation of the Intel stake alone would amount to roughly $32 billion — a large figure, but far short of the "hundreds of billions" Trump cited.

However, the increase in value of one government-held investment does not by itself establish that the United States has realized hundreds of billions of dollars in gains across stocks and other holdings.

Claim Remains Unverified

Trump's statement did not identify the specific investments behind the hundreds-of-billions figure or provide a calculation covering the claimed gains. Reports examining the post likewise noted that no supporting evidence accompanied the claim.

The distinction between market gains and realized proceeds is also relevant when assessing claims about investment returns: an asset can rise substantially in value without the holder having sold it or realized the resulting gain. This distinction is routinely emphasized in financial disclosure, where unrealized appreciation and realized profits are reported separately.

Whether the administration releases any supporting accounting — such as a breakdown of government-held positions and their cost basis — would determine whether the claim can be independently assessed going forward.

For now, Trump's "Hundreds of Billions of Dollars" figure remains an unverified claim by the president, with no detailed accounting provided in the post to show how the amount was reached.

Source: Hokanews