In brief
Donald Trump’s 2025 financial report revealed that more than $1 bn (£750 m) flowed into his pocket from cryptocurrency dealings in his first year on the White House. Around $635 m came from royalties on a Trump meme‑coin launched a day before his inauguration, while $500 m was earned from his sons’ crypto venture World Liberty Financial. Trump also listed substantial earnings from real‑estate and branded merchandise, totaling hundreds of millions of dollars. The White House has denied any conflict of interest, saying his businesses are held in a trust by his sons. The disclosure highlights the rapid growth and profitability of crypto for Trump’s empire, signaling a significant shift in U.S. engagement with digital assets.
Financial reports show Trump earned more than $1 bn in the first year of his presidency, according to a mandatory 927‑page disclosure for 2025.
The bulk of the earnings stemmed from cryptocurrency ventures. Trump claimed $635 m in royalties from a Trump meme‑coin launched three days before he took office, and an additional $500 m from a crypto firm, World Liberty Financial, founded by his sons and Steve Witkoff’s children.
He also received millions from his real‑estate franchise: $77 m from Mar‑a‑Lago, $122 m from the Doral golf club, and over $30 m from clubs in Bedminster, Jupiter and Turnberry. Other sources included $4.7 m in royalties from Trump‑branded watches and other merchandise, and over $11 m from settlements of legal actions across ABC, CBS, Meta, YouTube and X.
Trump’s first‑time admission of crypto profits follows a decade‑long push from Democrats and mainstream media to scrutinize his wealth. White House deputy press secretary Anna Kelly dismissed these concerns, claiming “the President has proudly made the U.S. the crypto capital of the world.”
The disclosure also listed First Lady Melania Trump’s 2025 income, including $10.7 m from a license agreement for her documentary and $6 m from NFT sales.
Trump’s 2025 earnings surpassed his 2024 totals, which exceeded $600 m. The White House reiterated that all proceeds are funneled through a trust managed by his sons and claims no conflict of interest has arisen from his business dealings.
The revelations underscore the significant role of cryptocurrency in Trump’s business portfolio, raising questions about the intersection of political power and digital asset revenues in the United States.
