Trump's financial disclosure reveals true extent of family crypto venture
President Donald Trump has pulled back the curtain on the staggering scale of his personal and family fortune.
A newly released 234-page financial disclosure reveals how Trump raked in more than $57 million last year from a single, family-linked cryptocurrency venture, rocketing the controversial project to the top tier of his income sources.
The firm, a decentralized finance (DeFi) outfit called World Liberty Financial, was co-founded in 2024 not just by Donald but also his three sons, Don Jr., Eric, and even 18-year-old Barron alongside Zach Witkoff, the son of real estate mogul and Trump foreign policy envoy Steve Witkoff.
While skeptics may have mocked Trump's forays into meme tokens and NFT trading cards as gimmicks, the eye-watering profits suggest otherwise.
Trump personally holds between $1 million and $5 million in crypto assets, according to the filing, but the platform itself has proven to be a family cash machine.
The Trump 'coin' was just created in digital code out of nothing – but suddenly it was worth billions.
In fact, $57,355,532 is the figure what Trump took in from World Liberty Financial alone, the disclosure reads.
While the venture has sparked concerns over ethical boundaries and presidential profiteering, the White House insists Trump's assets are safely walled off in a trust controlled by his children.
The Trump family, who have faced relentless accusations of enriching themselves from Trump's first term, have showed a growing interest in digital currencies this time around.
Last July, Trump promised to make America the 'crypto capital of the planet' by enacting new laws to pave the way for financial institutions and pension funds to invest in these controversial and risky assets, bringing them the respectability that has so far eluded them.
Trump has credited his entrepreneurial youngest child, Barron, 19, with educating him about crypto.
The pair, together with Barron's half-brothers Donald Jr and Eric, are heavily involved in his crypto business, World Liberty Financial, which Trump announced last September and which also has its own tradeable coin or 'token'.
On its website, the company vows to 'leverage the global reach and recognition of the Trump brand' to promote crypto.
Critics insist the President has created a new (and ingenious) vehicle for his supporters to give him money – risking corruption on an epic scale.
Now anyone wanting to curry favor with him could quietly fill the Trump family coffers by buying the coins and pushing up its price.
Putting money into $Trump coins would lend his political backers a degree of plausible deniability: the could legally argue that the purchase is not a bribe but an investment in an asset.
Donald Trump disclosures by nloffredo
'Now, you can get your piece of history,' proclaims the blurb for the President's meme coin on its website. 'This Trump Meme celebrates a leader who doesn't back down, no matter the odds.'
The revelation comes at a time when Trump's finances are under renewed scrutiny, not only due to his sprawling business empire, but because of historic legal penalties leveled against him.
In addition to the $57 million crypto windfall, Trump disclosed:
A $454 million civil fraud judgment from New York Attorney General Letitia James.
$88 million in damages awarded to writer E. Jean Carroll.
More than $100 million in mortgage liabilities tied to properties like Trump Tower and the Doral Golf Club.
Those staggering judgments are marked as 'stayed pending appeal,' indicating they haven't yet come due, but they remain looming shadows over Trump's presidency.
The sweet smell of success - ocne spritz of Trump's cologne and you'll smell like a billionaire - or at least someone who votes for one
Trump's digital trading card collection is seen during its release in 2022
Trump made $3 million from his 'Save America' coffee table book
A 234-page document details Trump's various finances including income from family crypto firm along with seven-figures from guitars, sneakers, watches and books
Despite not taking a penny of the $400,000 salary as president of the United States, Trump's income continues to soar.
Beyond crypto, he collected:
$3 million from his 'Save America' coffee table book
$2.5 million from Trump-branded sneakers and cologne
$1.3 million from 'The Greenwood Bible'
$1.05 million for a line of '45' electric guitars
Another $1.06 million from licensing his image for digital trading cards
In total, the disclosure paints a portrait of a man earning more as president than many former leaders earn after leaving the White House - yet Trump appears to be doing it while still in office.
The political implications of Trump's crypto venture are hard to ignore.
World Liberty Financial has operated largely outside traditional financial oversight, offering governance tokens, staking rewards, and decentralized yield pools tied to Trump-branded digital assets.
Trump's holding of 15.75 billion governance tokens gives him significant sway over the platform's future - a fact that has alarmed government watchdogs and ethics officials alike.
Of particular concern is the platform's close ties to Trump family members, the blurred lines between campaign promotion and product branding, and the mounting influence of crypto lobbying within the administration.
But Trump's defenders argue it is simply an example of the free market in action.
While World Liberty Financial and real estate remain the largest drivers of Trump's fortune, the president's speaking fees and royalties continue to stack up.
The report lists more than $700,000 in speaking engagements, mostly paid for by conservative groups and international business forums.
His real estate empire is also thriving again. In Florida alone, Trump's resorts and golf properties including Mar-a-Lago, Doral, and Jupiter, generated $217.7 million last year, according to the document.
Even overseas, Trump-branded deals continue to deliver. A licensing agreement for a development in Vietnam brought in a $5 million reinforcing the idea that the Trump brand, far from fading, has gone global under his second term.
By comparison, Vice President J.D. Vance's filing was a modest 15 pages as he disclosed $50,000 in earnings from his best-selling memoir Hillbilly Elegy and some smaller investment returns.
The contrast underscores what many already knew: Trump is unlike any president in modern history, not just in style or policy, but in sheer wealth generation while in office.
The Trump brand continues to be lucrative and as questions mount over ethics, influence, and the reach of crypto in US politics, one thing is clear: Donald Trump's second presidency isn't just about power but about profit.
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