Trump Purchased Up to $2 Million in Netflix and Warner Bros. Discovery Bonds

President Trump acquired corporate bonds from both Netflix and Discovery Communications LLC in December 2025, according to a financial disclosure form published by the White House in January 2026.

The transactions took place on December 12 and December 16, 2025, with each purchase involving between $250,001 and $500,000 in bonds from both companies. The combined value of these investments reached up to $2 million, as detailed in the disclosure documents.

The bond purchases occurred shortly after Netflix announced its intention to acquire Warner Bros. Discovery studios and HBO Max, a proposed deal valued between $72 billion and $83 billion. Both companies were directly involved in these transactions, which were later documented in official White House records.

The financial disclosure form listing these investments was made public on January 14, 2026. The form provided details on the amounts and dates of the bond acquisitions by President Trump.

What the numbers show

• Each bond purchase ranged from $250,001 to $500,000
• Four separate transactions occurred in December 2025
• Total value of bond purchases reached up to $2 million

Netflix announced its proposed acquisition of Warner Bros. Discovery and HBO Max shortly before the bond purchases took place. The acquisition was valued at approximately $72 billion to $83 billion, according to media reports at the time.

Disclosure of these transactions was included in the official White House financial filings, which are released periodically to provide transparency regarding presidential financial activities. The filings outlined the specific dates and amounts related to the bond purchases.

Both Netflix and Discovery Communications LLC are major players in the media and entertainment sector. The timing of the bond purchases followed closely after the public announcement of the proposed acquisition involving these companies.

The White House release of the financial disclosure form provided a detailed account of President Trump’s investment activities in late 2025. The form included information on the companies involved, the value of the transactions, and the relevant dates.

* This article is based on publicly available information at the time of writing.