US President Donald Trump reported earning more than US$1.4 billion from his family’s cryptocurrency ventures in 2025, highlighting how digital assets have become the largest source of his personal income, according to newly released financial disclosure documents.
The annual filing submitted to the US Office of Government Ethics revealed that companies linked to Trump generated nearly US$800 million from World Liberty Financial, the cryptocurrency business he co-founded with his sons. The reported income included more than US$520 million from cryptocurrency token sales and over US$250 million from selling ownership interests in the company.
Trump also disclosed an additional US$635 million in income from the sale of his Trump meme coins, further boosting his earnings from the cryptocurrency sector.
The latest figures mark a significant jump from the previous year’s disclosure, when Trump reported US$57.35 million in token sales through World Liberty Financial. According to Reuters, the Trump family has earned at least US$2.3 billion from crypto-related ventures since Trump returned to the White House in 2025.
Since taking office, Trump’s administration has introduced several policies widely viewed as favourable to the cryptocurrency industry, including new federal rules for stablecoins and reducing regulatory enforcement by the US Department of Justice and the Securities and Exchange Commission.
Apart from cryptocurrency, Trump reported earning more than US$80 million from legal settlements with media companies and approximately US$52 million from licensing his name to overseas property developments, particularly projects involving partners in the Middle East.
Responding to questions over potential conflicts of interest, White House spokesperson Anna Kelly said neither Trump nor his family had engaged in any conflict of interest. She added that the president’s actions were intended to strengthen the United States’ position as a global leader in cryptocurrency.
Although cryptocurrency now represents the largest portion of Trump’s reported income, his traditional businesses also continued to generate substantial revenue. His golf courses and resorts reportedly brought in more than US$500 million during 2025, representing a 15 per cent increase compared with the previous year.
Among the strongest-performing properties was Mar-a-Lago in Florida, where revenue reportedly rose from US$50 million in 2024 to US$77 million in 2025. Revenue at his nearby West Palm Beach golf club also increased, although income from his Los Angeles golf course declined.
Meanwhile, income from Trump’s long-established commercial real estate portfolio showed relatively modest growth, with several properties reporting similar or lower income ranges than those disclosed a decade ago.
The Trump Organization described the nearly 1,000-page financial disclosure as one of the most comprehensive ever submitted by a US president, saying it demonstrated an unmatched level of financial transparency. However, ethics experts argued that the filings have renewed questions about potential conflicts of interest, noting that while US presidents are exempt from certain federal conflict-of-interest laws, previous administrations generally followed stricter ethical conventions.
