MSNBC star Joy Reid’s astonishing Trump prediction hours before inauguration

MSNBC star Joy-Ann Reid has said Donald Trump might become a trillionaire before Elon Musk, thanks to the success of his meme coin endeavor.

The far-left political commentator made the astonishing prediction about the incoming president just hours before the inauguration ceremony on Monday. 

‘Trump might get to trillionaire status before Elon at this rate,’ Reid, 56, wrote on Instagram beside a video of two commentators speaking about Trump on CNN. 

The president-elect launched his cryptocurrency, called $TRUMP, on Friday, and it soared to $10.7billion in market value ahead of the ceremony on Monday.  

In the video re-posted by Reid, Washington Post columnist Catherine Rampell said along with lining Trump’s pockets, the new currency will also serve as a ‘convenient way’ for foreign powers to make bribes. 

‘There will be a reliable source of individuals, companies, and foreign governments that see this, see buying these coins, these tokens, as a very convenient way to pay off the president for favors,’ Rampell told CNN in the clip. 

‘If you’re the Saudi government, you no longer need to pretend to stay at a Trump hotel in order to give money to Donald Trump, to bribe Donald Trump, you can just show your digital wallet, and that is sufficient.’

Trump’s wealth currently sits at around $6.1 billion, according to Forbes. 

MSNBC star Joy-Ann Reid (pictured) has said Donald Trump might become a trillionaire before Elon Musk , thanks to the success of his meme coin business

The progressive political commentator made the astonishing prediction about the incoming president just hours before his inauguration on Monday. (Pictured: Trump at a service at St John's Church on Monday ahead of his inauguration ceremony at midday)

The progressive political commentator made the astonishing prediction about the incoming president just hours before his inauguration on Monday. (Pictured: Trump at a service at St John’s Church on Monday ahead of his inauguration ceremony at midday)

His net worth rocketed to this eye-watering figure from $2.5 billion in just one year thanks to his majority stake in Truth Social’s parent company. 

This marks a 144 percent increase in wealth in just one year. One trillion is equal to one thousand billion. 

An Oxfam report released on inauguration day predicted there would be at least five trillionaires within the next 10 years.    

‘Billionaires’ fortunes are growing at an unimaginable pace,’ the Monday report reads. 

‘In 2024, billionaire wealth surged at triple the rate of 2023, and new Oxfam data shows we can expect at least five trillionaires within a decade. 

‘Meanwhile, the number of people experiencing poverty remains essentially unchanged from 1990.’

Trump ally Musk is widely predicted to be the world’s first trillionaire, potentially followed by Amazon founder Jeff Bezos and Meta boss Mark Zuckerberg. 

The president’s newly-formed cabinet is the richest in the world with a staggering net worth of almost $500 billion.

Trump’s cryptocurrency meme coin soared in value after the Friday launch – but it suffered a steep drop after his wife Melania Trump launched her own coin. 

The first lady announced her crypto token Sunday afternoon at 4:10pm ET on Truth Social and X, after which $TRUMP tanked roughly 41 percent, according to price tracker CoinMarketCap. 

Despite this, Trump reposted both of Melania’s announcements on his social media pages. 

$MELANIA is hosted on the Solana blockchain, just like $TRUMP, and can be bought for about $0.09. Her token is much smaller than her husband’s, having a market cap of nearly $4.5 million to Trump’s $8.5 billion. 

Pictured: Melania Trump and U.S. President-elect Donald Trump arrive for services at St. John's Church as part of Inauguration ceremonies on January 20, 2025 in Washington DC

Pictured: Melania Trump and U.S. President-elect Donald Trump arrive for services at St. John’s Church as part of Inauguration ceremonies on January 20, 2025 in Washington DC

Pictured: Trump speaks with Vice President-elect JD Vance and Usha Vance during a church service at St. John's Episcopal Church, Lafayette Square in Washington DC, January 20, 2025, while his wife Melania and son Barron sit to his left on the front row pew

Pictured: Trump speaks with Vice President-elect JD Vance and Usha Vance during a church service at St. John’s Episcopal Church, Lafayette Square in Washington DC, January 20, 2025, while his wife Melania and son Barron sit to his left on the front row pew

Trump ally Musk is widely predicted to be the world's first trillionaire, potentially followed by Amazon founder Jeff Bezos and Meta boss Mark Zuckerberg

Trump ally Musk is widely predicted to be the world’s first trillionaire, potentially followed by Amazon founder Jeff Bezos and Meta boss Mark Zuckerberg

Trump inherited a substantial amount of wealth from his father, who was a real estate developer and businessman. 

His main sources of wealth are his real estate ventures, including Trump hotels, casinos, and golf courses, along with Trump-branded products. 

Trump is set to take the presidential oath at 12pm on Monday, with the Washington DC inauguration moved indoors due to an anticipated polar vortex in the capital.

The 78-year-old has already promised to sign dozens of executive orders on his first day after telling supporters he would work at ‘historic speed’ to deal with ‘every crisis’ in America.

His return to the Oval Office caps off the most astounding political comeback in modern history following his landslide victory over Kamala Harris in the presidential election last November.

The official farewell and ceremonial departure of President Joe Biden and Vice President Kamala Harris will take place after the inaugural address, before a presidential parade begins at 3pm. 

Trump will also attend three inaugural balls – the ‘Commander in Chief Ball,’ the ‘Liberty Inaugural Ball’ and the ‘Starlight Ball’. He is expected to speak at all three events. 

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