Trump Earns $57m From Crypto Firm, Financial Disclosures Show

A report released by nan Office of Government Ethics revealed President Donald Trump’s income streams from galore luxury properties and business ventures. One of nan largest dollar amounts came from his ownership liking successful a cryptocurrency level launched past year.

Crypto income

According to nan report, Trump received much than $57 cardinal from World Liberty Financial. The task had besides proven lucrative for Trump’s 3 sons — Donald Jr., Eric and Barron — who are listed arsenic co-founders of nan firm.

The firm was designed to let users to borrow, lend and gain utilizing integer rate without relying connected accepted banks. While nan original extremity was to raise $300 million, nan New York Times reported the institution yet raised $11 cardinal done a token called WLFI, which was only disposable to approved investors.

Earlier successful June, Senate Democrats called for much specifications astir a multi-billion-dollar transaction betwixt World Liberty Financial and a excavation of investors, including overseas nationals.

The Trump meme coin, known arsenic $TRUMP, did not motorboat until January 2025 and was not taxable to disclosure successful this report, which only covered 2024.

Trump merchandise

The President besides earned 7 figures from a number of equipment featuring his sanction and likeness.

The President launched a statement of watches past September, from which he reportedly earned $2.8 million. Another lucrative merchandise turned retired to beryllium nan “Save America” java array book, which brought successful $3 million.

Other products that earned much than $1 cardinal included Trump sneakers and fragrances, “45” guitars, nan Greenwood Bibles and non-fungible token (NFT) licensing and royalties.

Liabilities listed

The filing besides disclosed respective liabilities, including payments to E. Jean Carroll, who successfully sued Trump for intersexual maltreatment and defamation. Trump is appealing nan judgment.

Other liabilities included a $15,000 equilibrium connected an American Express in installments paper and owe payments for Trump properties specified arsenic Trump Plaza and Trump Tower.

The afloat study was 234 pages long, compared to erstwhile President Joe Biden’s 11-page disclosure.