In a public financial disclosure form issued on Friday, Donald Trump disclosed more than $600 million in revenue from cryptocurrency, golf clubs, licensing, and other businesses, shedding light on America’s billionaire president’s extensive business holdings.
The president’s drive into cryptocurrency increased his fortune significantly, according to the yearly financial disclosure form, which seems to cover the calendar year 2024. However, he also recorded huge fees from projects and earnings from his other enterprises. According to the report, the president listed assets totaling at least $1.6 billion.
While Trump claims to have placed his companies in a trust controlled by his children, the filings demonstrate that revenue from those sources continues to accrue to the president, opening him up to charges of conflicts of interest. Some of his enterprises, such as cryptocurrency, profit from changes in US policy under his leadership and have become targets of criticism.
The time period covered was not specified in the financial disclosure, which was signed on June 13. The report and the cryptocurrency listings’ specifics indicate that it was through the end of December 2024, which would not include the majority of the funds raised by the family’s cryptocurrency endeavors.
Given how quickly the Trump family has made agreements throughout his rise to power, the filing already functions as a kind of time capsule, documenting a moment when the family was just beginning to venture into cryptocurrency but was still mostly involved in real estate transactions and golf clubs.
The president’s $TRUMP meme currency, which was issued earlier this year, has reportedly generated $320 million in fees. However, it is unknown to the public how this sum has been allocated between a Trump-controlled organization and its affiliates.
Apart from the meme coin fees, the Trump family has received almost $400 million from the decentralized financial firm World Liberty Financial. The Trump family also has a stake in digital asset exchange-traded funds and a bitcoin mining business.
Trump disclosed $57.35 million from the sale of tokens at World Liberty. In the venture, he also claimed to have 15.75 billion governance tokens.
TRUMP MEDIA
The Republican businessman-turned-politician’s fortune extends from cryptocurrency to real estate, with a significant portion on paper related to his investment in Trump Media & Technology Group, which owns social media network Truth Social.
In addition to assets and earnings from his commercial endeavors, the president claimed at least $12 million in income, including interest and dividends, from passive investments worth at least $211 million.
His largest investments were in Blue Owl Capital Corp, an alternative fund manager, and Charles Schwab and Invesco, which handle government bond funds.
The declaration revealed that Trump’s Florida properties were among the assets from which he received income. As to the report, Trump’s three golf-focused resorts in the state—Jupert, Doral, and West Palm Beach—as well as his private members’ club at Mar-a-Lago, which is close by, brought in at least $217.7 million.
The family’s main source of revenue, at $110.4 million, was Trump National Doral, the vast golf complex in the Miami region that is famous for its Blue Monster course. The above income statistics are essentially revenues rather than net profits after expenses are deducted.
The statement, which included revenue of $5 million from license fees from a development in Vietnam, $10 million from development fees from a project in India, and almost $16 million from licensing payments for a project in Dubai, highlighted the Trump family business’s global reach.
Additionally, Trump received royalties from a number of transactions, including $1.3 million from the Greenwood Bible (which, according to its website, is “the only Bible officially endorsed by Lee Greenwood and President Trump”), $2.8 million from Trump Watches, and $2.5 million from Trump Sneakers and Fragrances.
Melania Trump, the first lady, made around $216,700 from license fees on her own NFT collection, while Trump reported $1.16 million in revenue from his NFTs, which are digital trading cards featuring his image.
