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7NEWS
5 hours ago
- Business
- 7NEWS
Donald Trump's financial disclosures reveal surprising income streams
US President Donald Trump continues to enjoy income streams from scores of luxury properties and business ventures, many of which are worth tens of millions of dollars, according to a financial disclosure form filed late Friday. Released by the Office of Government Ethics, Trump's 2025 financial disclosure spans 234 pages in all, including 145 pages of stock and bond investments. It is dated Friday with Trump's signature. One of the largest sources of income is the US$57,355,532 (A$88 million) he received from his ownership stake in World Liberty Financial, the cryptocurrency platform launched last year. The form shows that World Liberty's sales of digital tokens have been highly lucrative for Trump and his family. Trump's three sons, Donald jnr, Eric and Barron, are listed on the company's website as co-founders of the firm. Separately, Trump's meme coin, known on crypto markets simply as $TRUMP, was not released until January and is therefore not subject to the disclosure requirements for this form, which covered calendar year 2024. It was a lucrative year for Trump when it came to royalty payments for the various goods that are sold featuring his name and likeness. Among the royalty payments: 'Save America' (coffee table book) — $3,000,000 Trump Sneakers and Fragrances — $2,500,000 Trump Watches — $2,800,000 The Greenwood Bible — $1,306,035 '45' Guitar — $1,055,100 NFT licensing and royalties — $1,157,490 The filing also includes a listing of liabilities, including at least $15,000 on an American Express credit card and payments due to E. Jean Carroll, the woman who successfully sued Trump over sexual abuse and defamation, though he is still seeking to appeal the decision. The rest of the document includes dozens of pages of lengthy footnotes about his various assets. The form was filed to comply with federal requirements for executive branch office holders. By comparison, the form former President Joe Biden filed in 2024 was 11 pages and consisted largely of conventional sources of income like bank and retirement accounts, while Kamala Harris' was 15 pages. Many of Trump's key assets are held in a revocable trust overseen by Donald Trump jnr, his eldest son. They include more than 100,000 shares of Trump Media and Technology Group, the social media company that went public in 2024. Trump is the largest shareholder, and his holding of nearly 53 per cent is worth billions of dollars. Those holdings were still disclosed in the form.
USA Today
a day ago
- Business
- USA Today
Trump brought in $57 million from crypto venture, millions from sneakers and bibles
Trump brought in $57 million from crypto venture, millions from sneakers and bibles Show Caption Hide Caption Trump hosts crypto dinner for biggest $TRUMP coin buyers The president hosted top investors in his meme coin and rewarded the biggest buyers with gifts worth about $100,000. President Donald Trump's sources of income range from luxury properties around the world to royalty payments and license fees for using his name and likeness on everything from sneakers to bibles, according to a financial disclosure form filed June 13. The 234-page document covered the calendar year 2024. One of the biggest money-making ventures for Trump was World Liberty Financial, a cryptocurrency platform launched last year. It brought in $57.3 million. His meme coin $TRUMP was not part of the form as it was only released this year. Last month, Trump dined with 220 of the biggest investors in his $TRUMP meme coin as a reward for making the leaderboard in a contest to be among the top purchasers, raising ethics questions. More: How much money did Trump make in first 100 days? Crypto deals raise questions His estate and member's only private club Mar-a-Lago in Palm Beach, Florida, brought in more than $50 million, meanwhile a property in Dubai generated more than $15,000 is license fees. Royalty payments include $3 million for a coffee table book 'Save America'; $2.5 million for Trump Sneakers and Fragrances; $1.3 million for The Greenwood Bible and more than $1 million for the '45' Guitar. The form also listed liabilities including over $50 million in damages to E. Jean E. Carroll, the magazine columnist who sued Trump for sexual abuse and defamation.
Yahoo
2 days ago
- Business
- Yahoo
Trump's financial disclosures reveal millions in income from guitars, bibles and watches with his name on them
President Donald Trump continues to enjoy income streams from scores of luxury properties and business ventures, many of which are worth tens of millions of dollars, according to a financial disclosure form filed late Friday. Released by the Office of Government Ethics, Trump's 2025 financial disclosure spans 234 pages in all, including 145 pages of stock and bond investments, and is dated Friday with Trump's signature. One of the largest sources of income on the form is the $57,355,532 he received from his ownership stake in World Liberty Financial, the cryptocurrency platform launched last year. The form shows that World Liberty's sales of digital tokens have been highly lucrative for Trump and his family. Trump's three sons, Donald Jr., Eric, and Barron, are listed on the company's website as co-founders of the firm. Separately, Trump's meme coin, known on crypto markets simply as $TRUMP, was not released until January and is therefore not subject to the disclosure requirements for this form, which covered the calendar year 2024. It was a lucrative year for Trump when it came to royalty payments for the various goods that are sold featuring his name and likeness. Among the royalty payments: Save America (coffee table book) — $3,000,000 Trump Sneakers and Fragrances — $2,500,000 Trump Watches — $2,800,000 The Greenwood Bible — $1,306,035 '45' Guitar — $1,055,100 NFT licensing and royalties — $1,157,490 The filing also includes a listing of liabilities, including at least $15,000 on an American Express credit card and payments due to E. Jean Carroll, the woman who successfully sued Trump over sexual abuse and defamation, though the president is still seeking to appeal the decision. The rest of the document contains dozens of pages of lengthy footnotes about the president's various assets. The form was filed to comply with federal requirements for Executive Branch office holders. By comparison, the form that former President Joe Biden filed in 2024 was 11 pages and consisted largely of conventional sources of income like bank and retirement accounts, while Kamala Harris's was 15 pages. Many of Trump's key assets are held in a revocable trust overseen by Donald Trump Jr., his eldest son. This includes more than 100,000 shares of Trump Media and Technology Group, the social media company that went public in 2024. Trump is the largest shareholder, and his nearly 53% is worth billions of dollars. Those holdings were still disclosed in the form. This article was originally published on
New York Post
2 days ago
- Business
- New York Post
Trump raked in $57M income from family crypto firm — seven-figures from guitars, sneakers, watches and books: financial disclosure
President Trump reported more than $57 million in income from his family-linked cryptocurrency venture — one of several sources of revenue the commander in chief listed in his financial disclosure on Friday. The disclosure, released by the Office of Government Ethics, shows Trump's stake in crypto platform World Liberty Financial netted him $57,355,532, one of his largest sources of income last year. The 234-page document also lists several royalty payments the president received for selling items with his name and likeness, including $3,000,000 for the 'Save America' coffee table book, $2,500,000 for 'Trump Sneakers and Fragrances,' $2,800,000 for Trump-branded watches, $1,055,100 for his '45 Guitar' and $1,306,035 for 'The Greenwood Bible.' The president's stock and bond investments span 145 pages of the document, which also shows he received north of $700,000 in fees for speaking engagements.
NBC News
2 days ago
- Business
- NBC News
Trump's financial disclosures reveal millions in income from guitars, bibles and watches with his name on them
President Donald Trump continues to enjoy income streams from scores of luxury properties and business ventures, many of which are worth tens of millions of dollars, according to a financial disclosure form filed late Friday. Released by the Office of Government Ethics, Trump's 2025 financial disclosure spans 234 pages in all, including 145 pages of stock and bond investments, and is dated Friday with Trump's signature. One of the largest sources of income on the form is the $57,355,532 he received from his ownership stake in World Liberty Financial, the cryptocurrency platform launched last year. The form shows that World Liberty's sales of digital tokens have been highly lucrative for Trump and his family. Trump's three sons, Donald Jr., Eric, and Barron, are listed on the company's website as co-founders of the firm. Separately, Trump's meme coin, known on crypto markets simply as $TRUMP, was not released until January and is therefore not subject to the disclosure requirements for this form, which covered the calendar year 2024. It was a lucrative year for Trump when it came to royalty payments for the various goods that are sold featuring his name and likeness. Among the royalty payments: Save America (coffee table book) — $3,000,000 Trump Sneakers and Fragrances — $2,500,000 Trump Watches — $2,800,000 The Greenwood Bible — $1,306,035 '45' Guitar — $1,055,100 NFT licensing and royalties — $1,157,490 The filing also includes a listing of liabilities, including at least $15,000 on an American Express credit card and payments due to E. Jean Carroll, the woman who successfully sued Trump over sexual abuse and defamation, though the president is still seeking to appeal the decision. The rest of the document contains dozens of pages of lengthy footnotes about the president's various assets. The form was filed to comply with federal requirements for Executive Branch office holders. By comparison, the form that former President Joe Biden filed in 2024 was 11 pages and consisted largely of conventional sources of income like bank and retirement accounts, while Kamala Harris's was 15 pages. Many of Trump's key assets are held in a revocable trust overseen by Donald Trump Jr., his eldest son. This includes more than 100,000 shares of Trump Media and Technology Group, the social media company that went public in 2024. Trump is the largest shareholder, and his nearly 53% is worth billions of dollars. Those holdings were still disclosed in the form.
