Trump reports over $1.4bn in income from crypto ventures

WASHINGTON: US President Donald Trump reported earning more than $1.4 billion from his family’s cryptocurrency ventures in 2025, according to his latest financial disclosure, underscoring how digital assets have become the largest source of his income.

The annual filing submitted to the US Office of Government Ethics showed that companies linked to Trump received nearly $800 million from World Liberty Financial, the cryptocurrency venture he co-founded with his sons.

The disclosed income included more than $520 million from crypto token sales and over $250 million from selling ownership interests in the business. Trump also reported earning $635 million from the sale of his Trump meme coins.

The latest filing marks a sharp increase from the previous year’s disclosure, when Trump reported $57.35 million in token sales from World Liberty Financial.

According to a recent Reuters estimate, the Trump family has earned at least $2.3 billion from cryptocurrency-related projects since Trump returned to the White House in 2025.

Since taking office, Trump has introduced policies widely viewed by the crypto industry as favourable, including implementing federal rules for stablecoins and easing regulatory enforcement by the US Justice Department and the Securities and Exchange Commission (SEC).

Apart from cryptocurrency, Trump disclosed earning more than $80 million from legal settlements with media companies and $52 million from licensing his name to overseas property developments, mainly in the Middle East.

White House spokesperson Anna Kelly rejected suggestions of any conflict of interest, saying neither Trump nor his family had engaged in or would engage in such practices.

“President Trump proudly made the United States the crypto capital of the world through executive actions,” Kelly said, adding that all decisions by the administration were made in the best interests of the American people.

Although cryptocurrency accounted for the largest share of Trump’s reported income, his traditional businesses also generated substantial revenue.

His golf courses and resorts reported more than $500 million in revenue during 2025, a 15 per cent increase from the previous year. Revenue from his Mar-a-Lago club in Florida rose to $77 million from $50 million in 2024, while income from his nearby West Palm Beach golf club also increased.

The filing showed comparatively modest growth in Trump’s long-held real estate portfolio.

The Trump Organization said the nearly 1,000-page disclosure reflected its commitment to transparency and described it as one of the most comprehensive financial reports ever submitted by a US president.

Ethics experts noted that US presidents are exempt from certain federal conflict-of-interest laws that apply to executive branch employees. Former acting head of the federal ethics office Don Fox said previous presidents generally sought to avoid potential conflicts, adding that Trump’s financial arrangements highlighted the need for stronger ethics reforms.