Trump earned more than $1bn from crypto in 2025

U.S. President Donald Trump earned more than $1bn from cryptocurrency-related business ventures last year, according to his mandatory 2025 financial disclosure.

The filings show Trump's companies received nearly $800m from World Liberty Financial, a crypto venture he co-founded with his sons and the sons of his special envoy, Steve Witkoff.

Trump also reported earning $635m from the sale of his Trump meme coin, despite the coin's value falling sharply since its launch three days before he took office.

After taking office, Trump introduced a series of policies welcomed by the cryptocurrency industry, including implementing federal rules for stablecoins and scaling back enforcement by the U.S. Justice Department and the Securities and Exchange Commission.

Reuters has estimated the Trump family has earned at least $2.3bn from crypto-related projects since Trump returned to the White House in 2025.

White House spokesperson Anna Kelly denied any conflict of interest, saying neither the president nor his family had ever engaged, or would ever engage, in such conduct.

"President Trump proudly made the United States the crypto capital of the world through executive actions," she said.

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In 2025, the president also reported more than $80m in income from settlements with several media companies, as well as $52m from licensing his name to overseas property developers, mainly through deals with Middle Eastern partners.

The White House has previously said the president's business interests are overseen by his children. However, Trump remains the beneficiary of the trust that ultimately receives the income.

Crypto fuels Trump's new wealth

While cryptocurrency was by far Trump's biggest source of income, his traditional businesses, particularly his golf courses and resorts, continued to generate millions of dollars.

Income from Trump's real estate business, the industry that made his name, grew at a more modest pace. He reported earnings from a dozen major commercial property ventures, most of them involving buildings he developed or acquired decades ago.

He also earned millions from Trump-branded Bibles, watches and other merchandise. The White House has denied that he is profiting from the presidency.

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