Politics
Trump’s Annual Financial Statement Shows Millions in Crypto Revenue
President Donald Trump’s annual financial disclosure report was released Tuesday by the U.S. Office of Government Ethics, revealing revenues of hundreds of millions of dollars from crypto token proceeds and holdings of hundreds of shares of individual companies.
Trump’s disclosure report for 2025, which was the first year of his second non-consecutive term in the White House, is 927 pages long.
The report reveals that Trump’s crypto-related income included approximately $515 million from the sale of tokens issued by the company World Liberty Financial and $65 million from the sale of shares in WLF’s holding company.
WLF is the Trump-linked crypto company, co-founded by members of his family, that issues the WLFI governance token and the USD1 stablecoin.
Trump, who first made his name in real estate development in New York, also revealed that he received $635 million in royalties from what were described as “Celebration Coins.” It was not immediately clear what it was. The Bloomberg news service reported that the royalties were linked to CIC Digital LLC, Trump’s memecoin business.
Trump’s golf and club properties continued to generate significant revenue, according to the disclosure.
The president reported more than $290 million in income related to income from his Mar-a-Lago Club in Palm Beach, Florida, his Trump National Doral golf property, his club in Bedminster, New Jersey, his Jupiter Golf Club and Trump National Washington, DC.
One of the largest waves of stock purchases by Trump detailed in the disclosure occurred on August 18, 2025.
The document shows three successive purchases by some of the biggest names in technology – Apple, Microsoft and Nvidia – with each transaction valued between $5 million and $25 million. The values of Trump’s holdings are listed in dollars, not absolute amounts, as is customary for U.S. government ethics documents.
These transactions were among the largest individual stock trades disclosed.
Nvidia’s purchase comes exactly a week after Trump announced that Nvidia and AMD had agreed to give the U.S. government 15% of their H20 chip sales to China in exchange for export approval. This deal reopened a key revenue stream in China for Nvidia.
Apple also announced an additional US investment of $100 billion on August 6, bringing its total planned US commitment to $600 billion.
The filing also shows that Trump purchased Amazon stock worth between $500,000 and $1 million on September 23. That was the same day a trial began in Seattle federal court for a lawsuit filed by the Federal Trade Commission, which alleged Amazon deceived customers into paying for Prime subscriptions.
The trial ended two days later after Amazon agreed to settle the dispute by paying a $1 billion civil penalty to the FTC and refunding a total of $1.5 billion to approximately 35 million customers.
Trump also said he received a total of more than $86 million in legal dispute settlements from media companies including ABC, CBS, Meta, YouTube and X.
The massive repository is peppered with eye-opening assets, some of which are highly valued.
One line, on page 157, reveals an investment in gold bullion valued at between $500,000 and $1 million.
Trump also revealed he received gifts totaling more than $370,000, mostly tickets to sporting events.
They included 10 tickets to the FIFA Men’s World Cup worth $15,000 donated by FIFA President Gianni Infantino, 10 tickets to Super Bowl LIX from New Orleans Saints owner Gayle Benson, 15 tickets each to two UFC events donated by UFC CEO Dana White, as well as tickets to other NFL, MLB, NCAA and golf.
He revealed that a statue by Sticker Mule CEO Anthony Constantino depicting Trump with his fist raised after an assassination attempt in Butler, Pennsylvania, was worth $250,000.
The disclosure also reveals a host of royalty deals that paint a picture of how Trump has been able to capitalize on his name and political brand since entering politics.
Royalty income includes: $4.7 million received under a licensing agreement for “Trump Watches” with The Best Watches on Earth LLC; a deal related to the publication of “The Greenwood Bible,” a collaboration with “God Bless the USA” singer Lee Greenwood, bringing in $208,486; a licensing deal for “Trump Sneakers & Fragrances” for $67,634; an endorsement of a “’45 guitar” for $35,920; and publishing deals for “Letters to Trump,” “Save America” and “A MAGA Journey,” for $590,730, $1,893,965 and $552,685, respectively.
Another item shows that Trump received a $200,000 speaking fee for a fundraising event in Naples, Florida, in December 2022.
The disclosure says revenue from watches and the sneaker and perfume deal was “inadvertently omitted” from Trump’s earlier financial disclosure, as was the balance owed to him from the 2022 conference.
The president’s revealed liabilities included civil trial judgments in favor of writer E. Jean Carroll, who accused Trump of sexually assaulting her at a New York department store in the mid-1990s and defaming her after she went public with the allegations in 2019. The Supreme Court on Monday refused to hear Trump’s appeal of a jury verdict awarding Carroll $5 million for sexually assaulting and defaming her.
Trump is still appealing another jury’s verdict, which awarded Carroll $83.3 million in that case for defamation. Trump denies sexually assaulting Carroll.
The disclosure also includes information about first lady Melania Trump’s assets and income, including $10.7 million in net proceeds from a licensing deal related to her eponymous documentary film, “Melania.”
A separate licensing deal with the film’s publisher, Skyhorse, brought it an additional $521,161 in revenue.
Melania Trump also reported $6,011,259 in revenue from a separate licensing agreement “for the sale of NFTs and other collectibles,” the form states.
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