Trump earned up to $1.4 billion from crypto ventures in 2025, disclosure shows

The disclosure

The U.S. Office of Government Ethics (OGE) released President Donald Trump's annual financial disclosure for 2025 on 30 June 2026. The 927-page filing, required under a 1978 law, details his income, assets and transactions. Calculations by Agence France-Presse put his total crypto-related earnings at $1.2 billion, while other tallies from the documents reach at least $1.4 billion. The sums dwarf the $600 million-plus he reported for 2024.

Crypto ventures

The largest share came from two main sources. World Liberty Financial (WLF), a crypto trading platform co-founded by Trump's sons and the sons of special envoy Steve Witkoff in September 2024, generated roughly $550 million to $594 million for the president. A separate entity, CIC Digital LLC, collected $635 million in royalties from the $TRUMP memecoin, which launched hours before Trump's January 2025 inauguration. The filing also shows nearly $197 million from the sale of a stake in Stablecoin Holdco. WLF's own token, WLFI, began trading in September 2025 at 46 cents and has since fallen to 6 cents. The Trump family, through brokerage DT Marks Defi, acquired $22.5 billion worth of WLFI that is now valued at $1.3 billion.

Real estate and other income

Trump's traditional businesses continued to produce revenue, though far less than crypto. Mar-a-Lago brought in about $77 million, while the Trump Doral golf club earned $122 million. Three other clubs (Bedminster, New Jersey; Jupiter, Florida; Turnberry, Scotland) each generated more than $30 million. A Virginia golf course added $25 million. The disclosure also lists over $80 million from media settlements, $52 million from a real estate firm with Middle East partners, and more than 680 pages of stock trades in companies including Amazon, Apple, Nvidia, Microsoft, Netflix and Exxon Mobil.

Conflict of interest questions

The scale of the crypto earnings has renewed debate over whether the president benefits financially from his office. Unlike previous presidents, Trump did not place his assets in a blind trust. White House deputy press secretary Anna Kelly rejected any suggestion of impropriety.

All actions of President Trump and his administration are taken in the interest of the American people — and any so-called 'journalists' who claim otherwise are recycling the same tired and false narrative that Democrats and the mainstream media have been pushing for a decade.

Trump himself has said he is not subject to federal conflict-of-interest laws. He once called Bitcoin "a scam" and "a disaster waiting to happen," but his administration has since pursued policies the crypto industry views as favourable, including stablecoin rules and reduced enforcement.

Net worth surge

Forbes estimates that Trump's personal fortune nearly tripled from $2.3 billion in 2024 to $6.5 billion in 2026, driven primarily by his crypto activities. Reuters calculated that the Trump family has earned at least $2.3 billion from crypto since his return to the White House in 2025.