U.S. President Donald Trump reported more than $1.4 billion in income from his family’s cryptocurrency projects last year, showing how Trump now derives most of his income from digital assets that have benefited from his policies, according to a review of his latest financial disclosures on Tuesday, Reuters reports.
Details
The documents—Trump’s 2025 annual report to the U.S. Office of Government Ethics—reveal that his companies received nearly $800 million from World Liberty Financial, a cryptocurrency project co-founded by him and his sons. This income, which the president shares with family members, included more than $520 million from the sale of crypto tokens and more than $250 million from the sale of stakes in the World Liberty business.
Trump reported an additional $635 million from the sale of his meme coins.
Reuters recently estimated that the Trump family has earned at least $2.3 billion from cryptocurrency-related projects since Trump’s return to the White House in 2025.
After taking office, Trump began implementing policies and initiatives that the industry viewed as beneficial, ranging from the introduction of federal regulations on stablecoins to ending oversight of the industry by the U.S. Department of Justice and the Securities and Exchange Commission.
It’s legal in the U.S.
For the year 2025, the U.S. president also reported more than $80 million in income from settlements with various media companies and $52 million from his company, which licensed his name to overseas developers, primarily through deals with partners in the Middle East.
White House Press Secretary Anna Kelly said in a statement: “Neither the President nor his family has ever been involved—and will never be involved—in a conflict of interest. President Trump has proudly made the United States the cryptocurrency capital of the world through executive actions.”
Kelly added: “All actions taken by President Trump and his administration are in the best interests of the American people—and any so-called ‘reporters’ who insist otherwise are repeating the same tired, false narrative that Democrats and the outdated media have been pushing for a decade.”
Although the White House has previously stated that the president’s business interests are now managed by his children, the president remains the beneficiary of assets in a trust that ultimately receives the income.
And then there’s golf, resorts, and real estate
Although cryptocurrency is Trump’s largest source of income, his traditional businesses—particularly golf courses and resorts—have continued to generate millions.
In 2025, Trump reported a 15% increase in revenue from golf clubs and resorts, to just over $500 million. The biggest growth occurred at the clubs where the president spent a lot of time after his inauguration in 2025.
Revenue at his Mar-a-Lago club in Florida—which Trump called the “Winter White House”—rose to $77 million from $50 million in 2024, while revenue at his golf club in neighboring West Palm Beach jumped 27%.
Trump’s income from his real estate holdings—the business in which he made his name—saw less impressive growth. He reported income from a dozen major commercial real estate projects, primarily stakes in buildings he built or acquired decades ago. The document does not specify exact rental figures for properties such as Trump Tower in New York, but rather provides income ranges. For most properties, the revenue range in 2025 was the same as or lower than what Trump reported ten years ago.
A spokesperson for Trump’s family business, The Trump Organization, said in a statement that “the breadth and depth of this document further underscores our commitment to transparency.” At nearly 1,000 pages, it is one of the most comprehensive financial disclosure reports ever filed and demonstrates a level of financial transparency unmatched in presidential history.”
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