U.S. President Donald Trump reported more than $1.4 billion in income from cryptocurrency-related ventures in his latest 2025 financial disclosure, highlighting how digital assets have become the largest contributor to his personal earnings. The filing with the U.S. Office of Government Ethics shows that crypto businesses now account for the majority of the president’s reported income.
According to the disclosure, Trump-linked companies generated nearly $800 million from World Liberty Financial, the cryptocurrency venture co-founded with his sons. The reported income includes more than $520 million from crypto token sales and over $250 million from the sale of ownership interests in the business. Trump also disclosed an additional $635 million in proceeds from the sale of his Trump meme coin.
The figures mark a dramatic increase from the previous year's filing, when Trump reported $57.35 million in token sales from World Liberty Financial. Reuters has previously estimated that the Trump family has earned at least $2.3 billionfrom crypto-related ventures since Trump returned to the White House in 2025.
Since taking office, the Trump administration has introduced several policies viewed as favorable to the cryptocurrency industry, including advancing federal stablecoin regulations and reducing enforcement efforts by the U.S. Securities and Exchange Commission and the Justice Department.
Outside of crypto, Trump disclosed more than $80 million in income from legal settlements with media companies and approximately $52 million from licensing the Trump brand to overseas real estate projects, particularly developments involving Middle Eastern partners.
White House spokesperson Anna Kelly rejected concerns about potential conflicts of interest, stating that neither Trump nor his family has engaged in improper financial activities. She said the administration's policies are designed to benefit the American people and emphasized that Trump has worked to establish the United States as a global leader in cryptocurrency.
Although digital assets dominated the president’s earnings, Trump’s traditional businesses continued to perform strongly. Revenue from his golf courses and resorts climbed about 15% to more than $500 million in 2025. Mar-a-Lago in Florida generated $77 million, up from $50 million the previous year, while revenue at Trump’s nearby West Palm Beach golf club increased by 27%. Revenue at his Los Angeles golf course declined during the same period.
Income from Trump’s long-held commercial real estate portfolio showed more modest performance. The disclosure lists earnings from numerous office buildings and other properties, with many reporting income ranges similar to or lower than those disclosed a decade ago.
The Trump Organization described the nearly 1,000-page financial disclosure as one of the most comprehensive ever submitted by a U.S. president, saying it demonstrates an unprecedented level of financial transparency. World Liberty Financial declined to comment.
Don Fox, former acting head of the Office of Government Ethics, noted that U.S. presidents are exempt from federal conflict-of-interest laws that apply to most executive branch employees. He argued that previous presidents generally managed their finances to avoid potential conflicts, adding that Trump’s disclosures have renewed calls for stronger ethics reforms governing the financial holdings of presidents and vice presidents.


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Part II — The listing: NFTs as bottle-stamps, and a vault the family is in no rush to sell 



