Trump’s financial report shows over $1.4B in income from crypto businesses
WASHINGTON, DC: Donald Trump's return to the White House has come with an extraordinary financial payday, as the president raked in a staggering fortune during his first year back in office.
The annual disclosure, filed on Monday, June 29, with the U.S. Office of Government Ethics in a massive 927-page document, reported that Trump brought in more than $1 billion from his family’s cryptocurrency businesses last year.
By comparison, former President Barack Obama’s final disclosure form was eight pages, while former President Joe Biden’s was 11.
Donald Trump’s final disclosure shows massive crypto earnings
The financial disclosure shows Trump earned more than $636 million through CIC Digital, a Trump Organization affiliate behind his namesake cryptocurrency, $TRUMP.
Most of that came through a licensing agreement that CIC Digital had with another entity called Celebration Coins.
Another major contributor to Trump's earnings was World Liberty Financial, the Trump family-backed cryptocurrency venture, which generated nearly $600 million in income, according to the disclosures.
The crypto giant behind several prominent crypto tokens was co-founded by Trump, his sons, and the family of special envoy Steve Witkoff in the middle of the 2024 presidential campaign.
Trump's embrace of cryptocurrency has surprised many, given his once-outspoken skepticism toward digital assets. He famously dismissed crypto as "a scam," but his stance began to shift during the 2024 campaign and has only grown more favorable since his return to the White House.
Trump has, since, doubled down on that shift by installing regulators viewed as friendly to the crypto industry and backing sweeping legislation aimed at integrating digital assets into mainstream finance.
As critics raised alarm over the Trump family’s push into the market, White House spokesperson Anna Kelly said in a statement to POLITICO that neither Trump nor his family “has ever engaged — or will ever engage — in conflicts of interest.”
Other income streams behind Donald Trump's windfall
Beyond crypto, Trump reported thousands of investments across the financial markets. His Mar-a-Lago Club, meanwhile, generated more than $77 million in income. It was valued at more than $50 million.
The disclosures also reveal that Trump received more than $86 million through legal settlements with media companies including ABC, CBS, Meta, YouTube and X. They further show he accepted gifts valued at more than $370,000 over the course of the year.
Those included 10 tickets to the US Open worth $25,000 that were gifted by Rolex; 10 tickets to the Super Bowl worth $50,000 from New Orleans Saints owner Gayle Benson; and a $250,000 statue of Trump from Sticker Mule CEO Anthony Constantino, who is currently running for Congress in New York.
The financial disclosures also shed light on First lady Melania Trump's earnings. According to the filings, she received $10.7 million in net proceeds from a licensing agreement tied to the Amazon documentary Melania, released earlier this year.
She also reported more than $6 million in income from a separate licensing deal involving the sale of NFTs and other collectibles.
In comparison, Vice President JD Vance’s disclosure, also released on Monday, presents a far more modest financial picture.
Spanning 17 pages, the filings show Vance earned more than $1 million in royalties from his bestselling memoir, 'Hillbilly Elegy'.
