Trump reports at least US$1.4 billion in 2025 crypto earnings
The disclosure revives concerns that Trump is profiting from the presidency
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[WASHINGTON] US President Donald Trump reported earning at least US$1.4 billion in 2025 from crypto and memecoin-related businesses, according to his latest annual financial disclosure.
Trump reported making more than US$588 million from sales by World Liberty Financial, the crypto firm whose co-founders include Trump, his sons, and Steven Witkoff, a top diplomat in his administration. Zach Witkoff, the special envoy’s son, serves as chief executive officer.
CIC Digital, Trump’s memecoin business, generated US$636 million in income. Almost all of it came in the form of royalties from a licence agreement with Celebration Coins. CIC Digital also held various cryptocurrencies in digital wallets worth at least US$60 million. He also made nearly US$197 million from an equity sale of Stablecoin Holdco.
The 927-page filing, released on Tuesday (Jun 30) by the US Office of government Ethics, provides a view into his sprawling empire, including income from his hotels, golf resorts and cryptocurrency ventures.
The crypto haul was by far the largest source of the president’s income. The crypto earnings far exceed the US$77 million he made in resort-related revenue from his Mar-a-Lago resort or the US$25 million from his Northern Virginia golf club.
The disclosure lists more than 680 pages of transactions, including purchases and sales of equities, including Amazon.com and Apple.
Nvidia, Microsoft, Netflix and ExxonMobil were among the most frequently traded stocks in his portfolio. The filing does not include any of the more than 3,700 trades he executed in the first quarter of 2026 that were disclosed in May.
Trump, who’s worth an estimated US$7.6 billion according to the Bloomberg Billionaires Index, valued more than two dozen assets at more than US$50 million, including Mar-a-Lago; his Turnberry, Scotland, golf resort; and his stake in Trump Media & Technology Group, which owns his Truth Social platform.
Officials disclose the values of their holdings in broad ranges with “over US$50 million” the highest, which means that they can’t be used to calculate an individual’s net worth.
The disclosure reignites concerns that Trump, who did not divest or move his assets into a blind trust with an independant overseer, may be profiting from his presidency. Critics have regularly accused him of mixing his official duties with his financial interests, as his sprawling business empire is managed by two of his sons and operates in areas that intersect with presidential policy.
The documents show that Trump paid off three mortgages in 2025, including one at 40 Wall Street that was at one point valued at over US$50 million. The mortgage there was taken out in 2015 and carried an interest rate of 3.665 per cent, according to the documents.
The document also show that Trump reported receiving 10 tickets to the soccer World Cup finals in July from Fifa head Gianni Infantino valued at US$15,000, 10 tickets to the US Open tennis tournament from sponsor Rolex worth US$25,000, as well as 10 tickets to Super Bowl LIX in New Orleans estimated at US$50,000.
Vice-President JD Vance also disclosed assets for him and his wife, Usha Vance, worth more than US$7 million. BLOOMBERG
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