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United States President Donald Trump has disclosed earning more than $1.4 billion from his family’s cryptocurrency businesses in 2025, making digital assets the biggest source of his personal wealth, according to his latest financial disclosure filed with the US Office of Government Ethics.
The filing shows companies linked to Trump earned nearly $800 million from World Liberty Financial, including more than $520 million from crypto token sales and over $250 million from the sale of ownership interests. Trump also reported another $635 million from sales of his Trump-themed meme coins.
The latest figures represent a dramatic jump from 2024, when he reported $57.35 million from World Liberty Financial token sales. Estimates by Reuters indicate the Trump family has generated at least $2.3 billion from cryptocurrency ventures since his return to the White House in 2025.
Since returning to office, Trump has pursued policies widely welcomed by the cryptocurrency industry, including implementing federal rules for stablecoins and reducing enforcement actions by the US Department of Justice and the U.S. Securities and Exchange Commission.
Beyond crypto, Trump reported more than $80 million from settlements with media companies and $52 million from licensing his name to overseas property developers, mainly through partnerships in the Middle East. Revenue from his golf courses and resorts also climbed by 15 per cent to more than $500 million in 2025.
His Mar-a-Lago club in Florida generated $77 million, up from $50 million a year earlier, while revenue at his nearby West Palm Beach golf club increased by 27 per cent. However, income from his Los Angeles golf course declined during the year.
The disclosure also showed modest growth across Trump’s commercial real estate portfolio. Although it listed income from about a dozen major property investments, most generated revenue within the same range or less than they did a decade ago.
Responding to criticism over the president’s business interests, White House spokesperson Anna Kelly insisted there was no conflict of interest.
“Neither the President nor his family has ever engaged or will ever engage in conflicts of interest. President Trump proudly made the United States the crypto capital of the world through executive actions.”
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.”
The White House has maintained that Trump’s businesses are managed by his children, although the president remains the beneficiary of the trust that ultimately receives the income. Meanwhile, a spokesperson for World Liberty Financial declined to comment.
A spokesperson for the Trump Organization described the disclosure as evidence of the company’s openness.
“The breadth and depth of this filing further underscores our commitment to transparency.”
The spokesperson added:
“At nearly 1,000 pages, it represents one of the most comprehensive financial disclosure reports ever submitted and demonstrates a level of financial transparency unmatched in presidential history.”
The disclosure also renewed debate over presidential ethics. Don Fox, former acting head of the federal ethics office, said previous presidents had generally managed their finances to avoid potential conflicts of interest.
“Every president in the post-Watergate era has managed his finances as though he were subject to conflicts of interest.”
He continued:
“With Trump, those norms are just totally out the window.”
Fox argued that the latest disclosure strengthened the case for tougher ethics laws.
“He makes the case better than anyone that it’s time for additional ethics reforms.”
He added:
“I think in terms of legislation, one thing that could be done would be to limit the types of investments he and the vice president can hold.”
The filing underscores the growing importance of cryptocurrency to Trump’s financial portfolio while reigniting scrutiny over the intersection of presidential office, personal business interests and ethics oversight in the United States.
