- World Liberty Financial generated nearly $800 million for Trump companies.
- Trump reveals $635 million from sales of his meme pieces.
- Reuters estimates that the Trump family has earned at least $2.3 billion from crypto since 2025.
US President Donald Trump reported more than $1.4 billion in income from his family’s crypto businesses last year, showing how Trump now gets most of his income from digital assets that benefited from his policies, according to a review of his latest financial disclosures on Tuesday.
The filings, his annual disclosure for 2025 with the U.S. Office of Government Ethics, detail that his companies received nearly $800 million from World Liberty Financial, a crypto firm he and his sons co-founded. This included more than $520 million from the sale of crypto tokens and more than $250 million from the sale of interests in the World Liberty business, with family members also set to receive a share of these proceeds.
Trump reported another $635 million from sales of his Trump meme pieces.
The disclosure highlights how crypto has transformed the president’s income. In his statement last June, for example, the president said token sales to World Liberty totaled $57.35 million, which then jumped to more than $500 million during this year’s filing.
Reuters recently estimated that the Trump family has earned at least $2.3 billion from crypto-related projects since Trump returned to the White House in 2025.
Upon taking office, Trump began implementing policies and initiatives seen as beneficial to the industry, ranging from implementing federal rules for stablecoins to reducing industry enforcement by the U.S. Department of Justice and the Securities and Exchange Commission.
The president also reported more than $80 million in revenue from settlements with various media companies and millions of dollars in revenue from licensing his name to foreign real estate developers.
White House spokeswoman Anna Kelly said in a statement: “Neither the President nor his family have ever engaged – or will ever engage – in conflicts of interest. President Trump is proud to make the United States the crypto capital of the world through executive actions.
Kelly added: “All actions by President Trump and his administration are taken in the best interests of the American people – and all the so-called ‘journalists’ pushing otherwise are recycling the same tired and false narrative that Democrats and the mainstream media have been pushing for a decade.
Although the White House has previously said the president’s business interests are currently overseen by his children, the president remains the beneficiary of the trust assets who ultimately receives the income.
New wealth driven by crypto
While crypto is by far Trump’s biggest revenue driver, his traditional businesses — real estate, particularly golf courses and resorts — have continued to bring in millions.
Trump reported a 15% increase in revenue from his golf courses and resorts, to just over $500 million in 2025. The biggest increases were at clubs where the president has spent significant time since his inauguration in 2025. Revenue from his Mar-a-Lago club in Florida, which Trump has dubbed the Winter White House, jumped to $77 million from $50 million in 2024, while revenue at the neighboring West Palm Beach club jumped 27%. Revenue from Trump’s Los Angeles course fell last year.
Trump hosted the winners of his second annual coin flip contest at Mar-a-Lago in April.
A spokesperson for the Trump family business, The Trump Organization, said in a statement that “the breadth and depth of this matter further underscores our commitment to transparency.” At nearly 1,000 pages, it represents one of the most comprehensive financial disclosure reports ever submitted and demonstrates a level of financial transparency unparalleled in presidential history. »
A spokesperson for World Liberty Financial declined to comment.
Don Fox, former acting head of the Federal Ethics Office, which oversees ethics rules for federal workers and reviews financial disclosures, including those of Trump, said presidents and vice presidents are exempt from ethics laws that prohibit conflicts of interest among executive branch employees.
“Every president in the post-Watergate era has managed their finances as if they were subject to conflicts of interest,” Fox said. “With Trump, these norms are completely abandoned.”
“He makes the case better than anyone that it’s time for additional ethical reforms. I think in terms of legislation, one thing that could be done would be to limit the types of investments that he and the vice president … can hold.”
