US President Donald Trump reported income of more than $1.4 billion (€1.23 billion) in 2025, largely driven by cryptocurrency ventures, according to an annual financial disclosure released on Tuesday.
Filings with the US Office of Government Ethics outline the Trump-related ventures:
- Trump’s companies received $800 million from crypto platform World Liberty Financial
- This includes more than $520 million from the token sale and more than $250 million from the sale of interests in the business
- $635 million from the sale of their Trump meme coins
- $80 million from legal settlements with media companies
- $52 million from licensing its name to overseas property developments, and
- Revenue from golf courses and resorts exceeds $500 million
World Liberty Financial is a crypto venture co-founded by Trump and his sons, and the president splits the earnings with his family members.
Crypto industry flourishes under Trump
These revelations underscore the growing importance of digital assets in Trump’s finances.
The crypto industry has flourished under the Trump administration. Since taking office, Trump has introduced favorable policies for the sector, including federal rules for stablecoins and less regulatory enforcement.
Reuters has estimated that the Trump family has made at least $2.3 billion from crypto-related projects since returning to the White House in 2025.
The White House has denied any conflict of interest.
White House spokeswoman Anna Kelly denied any conflict of interest in a statement.
“All actions taken by President Trump and his administration are in the best interests of the American people,” Kelly said.
Despite White House claims that the president’s business interests are currently overseen by his children, Trump remains the beneficiary of the assets in the trust that ultimately receive the income.
Regulators express concern
Don Fox, former acting head of the federal ethics office, called for additional ethics reforms because, according to him, earlier standards under Trump are “completely out the window.”
Chinese billionaire Justin Sun spent $75 million on a Trump-backed World Liberty “governance token” and $200 million on its souvenir coins, the Associated Press news agency reported.
A federal fraud lawsuit against Sun was put on hold in February last year before being settled with a $10 million fine.
Sun has repeatedly denied that his investments in Trump-linked businesses were linked to the case, while World Liberty has rejected allegations of conflict of interest.
Edited by: Srinivas Majumdaru
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