- World Liberty Financial generated nearly $800m for Trump companies.
- Trump discloses $635m from sales of his meme coins.
- Reuters estimates Trump family earned at least $2.3bn from crypto since 2025.
US President Donald Trump reported more than $1.4 billion in income from his family’s crypto ventures last year, showing how Trump now derives most of his income from digital assets that have benefited from his policies, according to a review of his latest financial disclosures on Tuesday.
The filings, his annual disclosure for 2025 with the US Office of Government Ethics, detailed the fact that his companies received almost $800 million from World Liberty Financial, a crypto venture he and his sons co-founded. That included more than $520 million from sales of crypto tokens and more than $250 million from the sale of interests in the World Liberty business, with family members also due a share of that income.
Trump reported another $635 million from the sale of his Trump meme coins.
The disclosure underlines how crypto has transformed the president’s income. In his disclosure last June, for example, the president reported $57.35 million from token sales at World Liberty, which then leapt to more than $500 million in this year’s filing.
Reuters recently estimated the Trump family has made at least $2.3 billion from crypto-related projects since Trump returned to the White House in 2025.
On taking office, Trump began to put in place policies and initiatives seen as beneficial to the industry, from implementing federal rules for stablecoins to scaling back enforcement of the industry by the US Justice Department and the Securities and Exchange Commission.
The president also reported over $80 million in income from settlements with various media companies and millions in income from his company licensing his name to overseas property developers.
White House spokesperson Anna Kelly said in a statement, “Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest. President Trump proudly made 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 interest of the American people – and any so-called ‘reporters’ pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade.”
While the White House has previously said the president’s business interests are currently overseen by his children, the president remains the beneficiary of the assets in the trust that ultimately receives the income.
New wealth driven by crypto
While crypto is by far the largest driver of income for Trump, his traditional businesses — real estate, in particular golf courses and resorts — continued to bring in millions.
Trump reported a 15% rise in revenue at his golf and resort facilities to just over $500 million in 2025. The strongest increases were at clubs where the president has spent considerable time since his 2025 inauguration. Revenue at his Mar-a-Lago club in Florida, which Trump dubbed the Winter White House, soared to $77 million from $50 million in 2024, while revenue at the nearby West Palm Beach club jumped 27%. Revenue fell at Trump’s Los Angeles course last year.
Trump hosted winners of his second annual meme coin contest at Mar-a-Lago in April.
A spokesperson for the Trump family business, The Trump Organisation, said in a statement that “the breadth and depth of this filing 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 unmatched in presidential history.”
A spokesperson for World Liberty Financial declined to comment.
Don Fox, a former acting head of the federal ethics office, which oversees ethics regulations for federal workers and reviews financial disclosures, including Trump’s, said presidents and vice presidents are exempt from the ethics laws that prohibit conflicts of interest among executive branch employees.
“Every president in the post-Watergate era has managed his finances as though he were subject to conflicts of interest,” said Fox. “With Trump, those norms are just totally out the window.”
“He makes the case better than anyone that it’s time for additional ethics reforms. I think in terms of legislation, one thing that could be done would be to limit the types of investments he and the vice president … can hold.”
2026-07-01 05:48:00
