Trump made more than $1bn from crypto in first year back in office
✓US President Donald Trump made more than $1bn (£750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025.
In a 927-page disclosure, he reported $635m in royalties from a Trump meme coin that has plunged in value since he launched it three days before taking office.
He also reported over $500m in income from World Liberty Financial, a cryptocurrency firm founded by his own sons and the children of his special envoy, Steve Witkoff.
He earned millions more from real estate and Trump-themed items. But the White House denied he was profiting from the presidency.
His latest financial disclosure represents a significant increase in moneymaking compared with the previous one for 2024, when Trump disclosed over $600m in income.
But the White House, which has repeatedly emphasised that Trump has placed his business in a trust managed by his sons, again denied any conflict of interest.
White House deputy press secretary Anna Kelly said the president had proudly made the US "the crypto capital of the world".
"Neither the President nor his family has ever engaged - or will ever engage - in conflicts of interest," she said in a statement.
She added: "All actions by President Trump and his administration are taken in the best interest of the American people – and any so-called 'reporters' pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade."
Trump once criticised cryptocurrency, famously calling Bitcoin a "scam" and a "disaster waiting to happen".
But Tuesday's disclosure shows his crypto earnings overshadow income from his real estate business, which first catapulted him to fame.
He earned around $77m from his Mar-a-Lago club and $122m from his golf club in Doral, Florida.
He also earned more than $30m each from golf clubs in Bedminster, New Jersey, and Jupiter, Florida, and Turnberry, Scotland.
Trump also earned millions from other business ventures, according to the financial disclosure.
These included $4.7m in royalties from Trump-branded watches, along with Trump-branded Bibles, trainers, fragrances and guitars.
First Lady Melania Trump also listed her income from 2025 in the disclosure. She made $10.7m from a "license agreement" related to the documentary about her that was released last year.
Another $6m in income is listed for her from the sale of NFTs, which are digital images sold online.
The president listed millions of dollars, too, in settlements from various legal actions.
These included $16m from a lawsuit against ABC, $16m from CBS Broadcasting and CBS Interactive, $24.5m from Meta, $22m from YouTube and $8m from X.
But the White House has said most of that money went towards Trump's future presidential library or a nonprofit dedicated to the upkeep of park sites in the Washington DC area.
Read the full story at BBC ↗ · Sky News ↗
President Trump's 2025 financial disclosure reveals income exceeding $1bn, with cryptocurrency accounting for the majority. A Trump-branded meme coin generated $635m in reported royalties since its launch three days before his January 2025 inauguration. World Liberty Financial, a cryptocurrency venture co-founded by his sons and the children of special envoy Steve Witkoff, contributed over $500m. Traditional real estate operations including Mar-a-Lago, multiple golf clubs, and branded merchandise generated additional hundreds of millions. Trump also received $86.5m in settlements from legal disputes with ABC, CBS, Meta, YouTube, and X. The White House stated these settlement funds are designated for his presidential library and a nonprofit park preservation organisation. Trump's 2025 earnings represent a significant increase from the prior year's $600m disclosure. The White House reiterated that Trump's business interests are held in a trust managed by his sons and maintained there are no conflicts of interest.
Read the full story at BBC ↗ · Sky News ↗
US President Donald Trump made more than $1bn (£750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025.
In a 927-page disclosure, he reported $635m in royalties from a Trump meme coin that has plunged in value since he launched it three days before taking office.
He also reported over $500m in income from World Liberty Financial, a cryptocurrency firm founded by his own sons and the children of his special envoy, Steve Witkoff.
He earned millions more from real estate and Trump-themed items. But the White House denied he was profiting from the presidency.
His latest financial disclosure represents a significant increase in moneymaking compared with the previous one for 2024, when Trump disclosed over $600m in income.
But the White House, which has repeatedly emphasised that Trump has placed his business in a trust managed by his sons, again denied any conflict of interest.
White House deputy press secretary Anna Kelly said the president had proudly made the US "the crypto capital of the world".
"Neither the President nor his family has ever engaged - or will ever engage - in conflicts of interest," she said in a statement.
She added: "All actions by President Trump and his administration are taken in the best interest of the American people – and any so-called 'reporters' pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade."
Trump once criticised cryptocurrency, famously calling Bitcoin a "scam" and a "disaster waiting to happen".
But Tuesday's disclosure shows his crypto earnings overshadow income from his real estate business, which first catapulted him to fame.
He earned around $77m from his Mar-a-Lago club and $122m from his golf club in Doral, Florida.
He also earned more than $30m each from golf clubs in Bedminster, New Jersey, and Jupiter, Florida, and Turnberry, Scotland.
Trump also earned millions from other business ventures, according to the financial disclosure.
These included $4.7m in royalties from Trump-branded watches, along with Trump-branded Bibles, trainers, fragrances and guitars.
First Lady Melania Trump also listed her income from 2025 in the disclosure. She made $10.7m from a "license agreement" related to the documentary about her that was released last year.
Another $6m in income is listed for her from the sale of NFTs, which are digital images sold online.
The president listed millions of dollars, too, in settlements from various legal actions.
These included $16m from a lawsuit against ABC, $16m from CBS Broadcasting and CBS Interactive, $24.5m from Meta, $22m from YouTube and $8m from X.
But the White House has said most of that money went towards Trump's future presidential library or a nonprofit dedicated to the upkeep of park sites in the Washington DC area.
Read the full story at BBC ↗ · Sky News ↗
Trump reported over $1bn in income for 2025 This represents a significant increase from his 2024 disclosure of over $600m $635m came from royalties from a Trump meme coin launched three days before taking office Over $500m came from World Liberty Financial, founded by Trump's sons and the children of special envoy Steve Witkoff Real estate earnings totalled approximately $230m across Mar-a-Lago and multiple golf clubs Trump earned $4.7m in royalties from Trump-branded watches and additional millions from Bibles, trainers, fragrances, and guitars Trump received $86.5m in settlements from ABC, CBS, Meta, YouTube, and X The White House stated most settlement money is designated for Trump's presidential library or a nonprofit Trump's businesses are held in a trust managed by his sons The White House denied any conflict of interest Trump's crypto earnings now overshadow income from his real estate business Trump previously called Bitcoin a 'scam' and 'disaster waiting to happen'
Read the full story at BBC ↗ · Sky News ↗
- Trump reported over $1bn in income for 2025, primarily from cryptocurrency ventures including $635m from a Trump meme coin and $500m+ from World Liberty Financial
- His crypto earnings now exceed income from his traditional real estate portfolio, which generated roughly $200m across multiple properties
- Trump received settlements totalling $86.5m from legal actions against media companies and tech platforms; the White House stated most funds are designated for his presidential library and a nonprofit
- The White House denied any conflict of interest, stating Trump's businesses are managed by his sons in a trust structure