Trump earned $57.7 million from crypto venture, disclosure shows
President Donald Trump earned $57.7 million from token sales by the crypto firm he and his sons helped launch last year, according to his required federal financial disclosure forms.
The financial disclosure, released Friday by the Office of Government Ethics, provided details on his sprawling empire, including hundreds of millions of dollars in income from his hotels, golf resorts and cryptocurrency ventures.
The $57.7 million came from sales by World Liberty Financial, the crypto firm launched last year before the election. Trump and his three sons, Donald Trump Jr., Eric Trump and Barron Trump, are among the company’s founders, according to its website.
That haul wasn’t the largest source of the president’s income from private holdings. Trump Endeavor 12 LLC, a Miami-based company that owns golf courses and a resort, produced $110 million. His Mar-a-Lago Club generated more than $50 million in resort-related revenue.
Trump, who’s worth an estimated $4.8 billion according to the Bloomberg Billionaires Index, valued 22 assets at more than $50 million, including Mar-a-Lago, his Turnberry, Scotland, golf resort and his stakes in World Liberty Financial and Trump Media & Technology Group Corp., which owns his Truth Social platform. Officials disclose the values of their holdings in broad ranges with “over $50 million” the highest, which means that they can’t be used to calculate an individual’s net worth. Trump Media, for example, is currently worth $2.2 billion.
Fight Fight Fight LLC, which sells Trump’s meme coin, was launched in January and wasn’t included in the disclosure, which covers 2024. The company hosted a dinner that Trump attended for the 220 largest holders of the $TRUMP coin in May. The event, when announced in April, caused the coin’s price to shoot up 56%.
CIC Digital LLC, the entity that earns money through licensing Trump’s image on nonfungible tokens, produced income of $1.1 million in 2024. It also holds a wallet holding Etherium worth at least $1 million.
The 234-page disclosure also lists hundreds of trademarks Trump owns across the world, including in China, Taiwan, South Korea, Venezuela and other countries, and details his personal investments that aren’t part of his business empire, as well as first lady Melania Trump’s holdings.
Trump listed 11 outstanding debts on the form, including two judgments against him won by author E. Jean Carroll involving allegations of sexual assault and defamation and one owed from the criminal fraud case for which he was convicted of 34 felonies. Those debts were stayed pending the outcome of appeals Trump has filed.
He did not list any outstanding debt to lawyers or law firms stemming from the criminal and civil cases. Save America, his leadership political action committee, has paid most of those fees.
Trump had seven outstanding real estate loans, including mortgages in amounts of more than $50 million on Trump Tower, Trump National Doral and 40 Wall Street. He also listed debt on his American Express credit card of at least $15,000.
Vice President JD Vance also disclosed assets for him and his wife, Usha Vance, worth at least $6.5 million.
This story was originally featured on Fortune.com