Government · Washington, D.C. and Doonbeg
Trump earned $2.2bn in 2025, with $1.4bn from crypto ventures launched after his return to the White House
A mandatory financial disclosure shows Donald Trump earned at least $2.2 billion in 2025, with $1.4 billion coming from cryptocurrency businesses that benefited from his own deregulatory policies.
AI text based on reports by BBC, EL PAÍS, The New York Times and other publishers. Changed . How it is made
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In brief
Trump's 2025 income reached at least $2.2 billion, up from $622 million in 2024, driven largely by new crypto ventures.
World Liberty Financial token sales, meme coin royalties, and other crypto dealings generated the bulk of the windfall.
The $TRUMP meme coin peaked at $74 before crashing to $1.60, causing steep losses for many buyers.
Trump's deregulation of crypto, a stablecoin law, and a pardon for Binance's founder coincided with his family's business gains.
Experts say no previous president has launched new businesses while in office that directly benefited from his own actions.
Crypto windfall
President Donald Trump's latest financial disclosure, released on 1 July 2026, reveals he earned at least $2.2 billion in 2025, a more than threefold increase from the $622 million reported in 2024. The surge was driven by cryptocurrency ventures that generated roughly $1.4 billion. World Liberty Financial, a company co-founded by Trump, his sons and special envoy Steve Witkoff, brought in over $500 million from token sales. CIC Digital LLC, which issued a meme coin bearing Trump's face, delivered $635 million in royalties. An additional $250 million came from World Liberty shares and $520 million from other crypto sales, according to El País.
The meme coin peaked at $74 in January 2025 but has since crashed to $1.60, leaving many retail buyers with heavy losses. A Chinese billionaire, Justin Sun, spent $75 million on tokens and $200 million on meme coins; a federal fraud lawsuit against him was later settled for a $10 million fine. An investment firm tied to the United Arab Emirates government bought nearly half of World Liberty Financial in a deal that drew scrutiny.
“Trump's financial disclosures showed exactly how his crypto play worked: He got richer. His crypto supporters got rug-pulled.”
Real estate and branding
Trump's traditional businesses also performed well. Golf courses and resorts generated over $500 million, a 15% increase. The Doonbeg resort in Ireland alone delivered close to $20 million: $14.15 million from course operations and $4.78 million from the hotel. Licensing deals added millions more, including $4.7 million from Trump-branded watches and $1.9 million from a coffee-table book.
Legal settlements and corporate donations further padded the total. Meta paid $24.5 million to Trump's presidential library project, Alphabet contributed $22 million to a White House ballroom fund, and CBS and ABC each paid $16 million to the library. A lawsuit against Twitter and Jack Dorsey yielded $8 million.
- Meme coin royalties
- 635 $
- World Liberty Financial tokens
- 500 $
- Real estate (golf & resorts)
- 500 $
- Legal settlements & donations
- 86.5 $
- Licensing (watches, books)
- 6.6 $
Data from the article text
Conflict of interest concerns
The disclosure intensifies long-standing questions about whether Trump is profiting from the presidency. While in office, he signed a law promoting stablecoins four months after his family-backed venture launched its own stablecoin. He also pardoned Changpeng Zhao, the founder of Binance and a key business partner of the Trump family's crypto initiative. The White House insists no conflict exists, noting that Trump's businesses are held in a trust managed by his sons.
“Big institutions manage my investments. I don't talk to them.”
Historical context
Historians say the scale of self-enrichment is without precedent. Megan Gorman, author of All the Presidents' Money, called it "unprecedented." Lindsay Chervinsky of the George Washington Presidential Library noted that for most presidents, "public office, if anything, was a source of debt, not income." The New York Times reported that Trump's decision to launch new ventures rather than divest breaks with a tradition stretching back 250 years.
“It's unprecedented.”
Reactions
California Governor Gavin Newsom accused Trump of "fleecing his supporters" and called him "the most corrupt president in American history." The White House dismissed the criticism, with spokesperson Anna Kelly stating that neither the president nor his family had engaged in any conflict of interest. The disclosure, running nearly 1,000 pages, also listed gifts including 10 World Cup tickets valued at $15,000 from FIFA president Gianni Infantino.
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Sources and context
- BBCトランプ氏、暗号資産や「トランプ」ブランド商品などで巨額収入 ホワイトハウスは利益相反を否定
- EL PAÍSTrump multiplica por nueve sus ingresos en criptomonedas durante el primer año de su segundo mandato
- The New York TimesLos ingresos de Trump durante su presidencia no tienen precedente histórico
- Frankfurter AllgemeineDonald Trump: Selbstbereicherung im Weißen Haus
- Donald Trump
- President of the United States, whose 2025 financial disclosure revealed $2.2 billion in income.
- Anna Kelly
- White House spokesperson who denied any conflict of interest.
- Gavin Newsom
- Governor of California and critic who accused Trump of corruption.
- Megan Gorman
- Tax attorney and author of 'All the Presidents' Money', who called Trump's income unprecedented.
- Lindsay Chervinsky
- Historian and executive director of the George Washington Presidential Library.
- Justin Sun
- Chinese billionaire who spent $275 million on Trump crypto assets and settled a federal fraud lawsuit.
- Changpeng Zhao
- Founder of Binance, pardoned by Trump; a key business partner of the Trump family crypto venture.
- Gianni Infantino
- FIFA president who gave Trump 10 World Cup tickets valued at $15,000.
- Steve Witkoff
- Trump's special envoy and co-founder of World Liberty Financial.
- Places
- Washington, D.C., United States, Toronto
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