Trump pulled in at least $2 billion after returning to the White House
WASHINGTON — President Trump reaped a stunning windfall in his first year back in the White House, including about $1.4 billion from his family’s cryptocurrency businesses, a new filing shows.
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All told, the president pulled in at least $2.2 billion, a figure that includes other parts of his vast holdings, such as his real estate assets. That compares with a minimum of $622 million his enterprises tallied for all of 2024, before he returned to the presidency.
One of his biggest hauls in 2025 came when an investment firm tied to the United Arab Emirates bought nearly half of the Trump family’s main crypto company, World Liberty Financial, a transaction that blurred the line between foreign policy and private enterprise.
Trump also collected hundreds of millions of dollars from sales of his $TRUMP memecoin and World Liberty’s sale of its own digital tokens.
The results, detailed in Trump’s mandatory financial disclosure report for 2025 and released Tuesday, pulled back the curtain on the president’s business operations. His crypto ventures, the report shows, are now some of his most lucrative enterprises, a remarkable turnabout for a man who once slammed crypto as a haven for drug dealers and scammers.
The president’s finances, which had been something of a mystery, highlight a conflict in his crypto business: Trump is a major crypto industry operator and its top policymaker.
It is hardly the only issue to arise from having a businessperson serve as president. The president’s family business, the Trump Organization, has also capitalized on Trump’s popularity in certain parts of the world, licensing the Trump name to properties in countries that are crucial to US foreign policy interests, including Saudi Arabia and Qatar.
Those two deals alone generated more than $14 million for Trump last year, the filing shows.
Trump brushed aside a question over concerns about a conflict of interest while speaking to reporters Wednesday morning after the disclosure was released.
“I purposely, I never speak to any of the people that run the money,” Trump said.
“You know why I’m profiting? Because the stock market is going up,” he added.
However, The New York Times recently reported that he meets with his financial advisers once a year for an update on his accounts. Regardless, the stock market’s movements do not explain the bulk of his financial haul in 2025, including the UAE investment in World Liberty Financial or the licensing deals.
Although the report released Tuesday offered revenue figures for Trump’s crypto and real estate ventures, it did not reveal whether all of the businesses turned a profit or a loss, which is consistent with his previous filings.
The report also offers little clarity on the president’s net worth, much of which is tied to estimated property values and the fluctuating paper worth of crypto assets and his stock portfolio. For his largest assets, including cryptocurrency and real estate, Trump reported a minimum valuation of $50 million with no upper limit.
The president’s shares in his own publicly traded social media company, Trump Media & Technology Group, are worth about $875 million, according to other public filings, representing one of the single greatest sources of the president’s net worth. (Those shares have plummeted over the past year, eroding some of that net worth.)
But it was Trump’s crypto business that proved to be a top revenue stream.
Once an outspoken skeptic of crypto, Trump embraced the industry on the campaign trail in 2024 and started a series of ventures that have reaped enormous sums.
With his three sons, he helped create World Liberty, a crypto firm that sells a digital currency called $WLFI.
Last year, World Liberty marketed its coin to investors around the world, with 75 percent of each sale allocated to a Trump business entity, after the deduction of certain expenses, guaranteeing the president would make money even if the value of the token declined. The president received about $500 million from those sales last year, according to the filing, compared with $57 million in 2024.
World Liberty enriched the Trump family in other ways, as well. In January 2025, days before Trump’s inauguration, an investment firm tied to the government of the UAE bought a 49 percent stake in World Liberty, raising a slew of ethical concerns. Soon the Emiratis struck a deal with the Trump administration — over the objections of some national security officials — for the export of valuable computer chips that power artificial intelligence.
The filing released Tuesday did not explicitly refer to the deal, but it mentioned unnamed investments that generated more than $200 million for Trump.
The other major source of Trump’s crypto wealth was his memecoin, a novelty currency known as $TRUMP that he started selling days before his inauguration. He earned more than $600 million from sales of the coin, according to the filing.
The coin’s price shot up briefly, before plummeting, with its price recently hovering around $1.67, a roughly 80 percent drop from a year ago.
The Trump family also continued to pull in chunks of money from real estate branding deals, the new report showed, including some in the Middle East that generated a minimum of $35 million in revenue last year. Deals in Vietnam and Romania, as well as older ones in India, Turkey, and Indonesia, combined to bring in at least another $20 million.
And the president’s major real estate holdings in the United States, such as Trump National Golf Club near Miami, pulled in $122 million in revenue, while his Mar-a-Lago club generated a total of $77 million for him, the report said.
The financial disclosure captured several other legal wins for Trump, including payouts he collected from media and technology giants including ABC News, Paramount, and Meta. ABC settled a defamation lawsuit, while Paramount agreed to pay him over the editing of an interview on the CBS News program “60 Minutes.” Meta settled a lawsuit he filed over the suspension of his Facebook and Instagram accounts after the Jan. 6, 2021, riot at the Capitol.
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