The President of America remains in the news for his decisions all over the world. Be it the war between Iran or India-Pakistan, Trump comes forward and makes headlines everywhere. On one hand, there is turmoil in the stock markets around the world. Meanwhile, today we are giving you such information about Trump which you hardly know.
Actually, Trump is also a great trader, what is more, the crude oil which has created panic in the whole world. Trump has made a splash in earnings there too and is earning big money.
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America's President Donald Trump is also a fan of the stock market. Trump has made big money by doing more than 3700 trades in just 3 months. Trump's portfolio includes big stocks. These include shares worth about $1.75 million in the US giant Nvidia, shares worth $1 million in Oracle, shares worth $5 million in Microsoft, shares worth $1 to $5 million in Dell. Big IT companies are included in Trump's portfolio. According to media reports, Trump's team also has expertise in crude oil trading. 15 days ago, when oil prices suddenly fell by 15%, Trump's team had earned about 430 billion dollars in 2 minutes.
Trump investment
Big money from crude oil
You have seen the portfolio of Trump's shares. Now let us tell you how Trump is also adept at trading. Reuters report tells how just before the announcement of ceasefire, crude oil was played and in just 2 minutes about 430 million dollars were printed from the F&O market. If we talk about the whole of April, then in about 20 days the market was manipulated to the tune of about $2.1 billion. Just before the announcement of ceasefire, 4260 lots of crude oil were sold in one go, due to which the prices of crude oil fell by 15 percent in one go and about 430 million dollars were earned from this fall.
Donald Trump. Photo credit- Getty Images.
How did the oil game happen?
Just 15 minutes before US President Donald Trump said he would extend the ceasefire with Iran, traders placed $430 million in bets on falling crude oil prices. This is the third time this month, and the fourth time overall, that large and timely bets have been made on oil prices just before major announcements related to the Iran war. A combined bet in March was worth $500 million, while April's bets totaled nearly $2.1 billion.
