The United States will assume the Presidency of the G20 in 2026, coinciding with the 250th anniversary of the founding of the United States of America, making it a particularly important year for the country. In December, President Trump will host the G20 leaders’ summit at one of his properties, rather than an institutional venue: the Trump National Doral Miami.

This luxurious resort covers over 300 hectares in Miami, Florida, and is known for its four world-class golf courses.

Upon their arrival, the G20 leaders will be greeted by a 7-metre-high, gold-plated statue of President Trump on a pedestal. Cast in bronze and entirely plated with a thick layer of gold, the statue was paid for by major cryptocurrency operators who participated in the Crypto Summit hosted by President Trump at the White House last March.

Cryptocurrencies – virtual currencies that are a digital representation of value and are traded electronically – are one of the most obscure areas of financial speculation.

Three days before becoming President of the United States on 20 January 2025, Forbes magazine reported that Trump launched a meme coin, a purely speculative cryptocurrency that added approximately £1 billion to his net worth in 2025. Just one day before becoming President, Trump signed an agreement with Sheikh Al Nahyan, who heads several investment funds in the United Arab Emirates and is the country’s national security adviser.

Meet the Man buiilding Gold Statues for Trump

Under this agreement, the sheikh acquired a 49% stake in World Liberty Financial, a decentralised finance platform founded by Donald Trump and his family. Unlike traditional banks, these platforms do not control deposited money; they allow users to exchange and manage their finances without intermediaries or controls. According to Forbes magazine, Trump has increased his net worth by $3 billion since returning to the White House by operating in this field, bringing it to over $7 billion.

Trump’s agreement with the United Arab Emirates is not only financial. After concluding the deal with the Sheikh, the US Department of Defence announced arms sales totalling $1.4 billion to the United Arab Emirates, where the United States has a large air base. It is one of the main bases for US forces preparing to attack Iran. Since both the United Arab Emirates and Iran are members of the BRICS, Trump’s financial and military operation aims to split the BRICS in the Middle East, a region of primary strategic importance.

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This article was originally published in Italian on Grandangolo, Byoblu TV.

Manlio Dinucci, award-winning author, geopolitical analyst and geographer, Pisa, Italy. He is a Research Associate of the Centre for Research on Globalization (CRG).

Featured image: Doral Golf Resort in Miami, Florida. (CC0)

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