- World Liberty Financial generated nearly $800 million for Trump companies.
- Trump reveals $635 million from sales of his meme coins.
- Reuters estimates that the Trump family has made at least $2.3 billion from cryptocurrencies 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 derives most of his income from digital assets that have benefited from his policies, according to a review of his latest financial disclosures released Tuesday.
The filings, his annual disclosure for 2025 to the U.S. Office of Government Ethics, detailed the fact that his companies received nearly $800 million from World Liberty Financial, a crypto company he and his children co-founded. That included more than $520 million from crypto token sales and more than $250 million from the sale of interests in the World Liberty business, and family members are also owed a portion of those proceeds.
Trump reported another $635 million from the sale of his Trump meme coins.
The disclosure underscores how cryptocurrencies have transformed the president’s income. In his disclosure last June, for example, the president reported $57.35 million in token sales at World Liberty, which then jumped to more than $500 million in this year’s filing.
Reuters recently estimated that the Trump family has made at least $2.3 billion from cryptocurrency-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, from implementing federal rules for stablecoins to reducing industry enforcement by the US Department of Justice and the Securities and Exchange Commission.
The president also reported more than $80 million in income from deals with various media companies and millions in income from licensing his name to foreign real estate developers.
White House spokesperson Anna Kelly said in a statement: “Neither the president nor his family have ever, nor will they 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 interest of the American people, and any so-called ‘reporter’ who promotes otherwise is 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 that the president’s business interests are currently overseen by his children, the president remains the beneficiary of the trust assets who ultimately receive the income.
New wealth fueled by cryptocurrencies
While cryptocurrencies are by far Trump’s biggest revenue generator, his traditional businesses (real estate, particularly golf courses and resorts) continued to generate millions.
Trump reported a 15% increase in revenue at his golf and resort facilities to just over $500 million in 2025. The strongest increases came at clubs where the president has spent considerable time since his inauguration in 2025. 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 that revenue at the nearby West Palm Beach club increased 27%. Revenue fell last year at Trump’s golf course in Los Angeles.
Trump hosted the winners of his second annual meme coin contest at Mar-a-Lago in April.
A spokesperson for the Trump family company, The Trump Organization, 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 filed and demonstrates a level of financial transparency unmatched in presidential history.”
A spokesman for World Liberty Financial declined to comment.
Don Fox, 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 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, those rules are 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 that he and the vice president… can make.”
