Trump Discloses Income in Excess of $600m from Crypto, Licensing Fees, and Golf

President Donald Trump’s public financial disclosure form has revealed that he earned over $600 million last year from a mix of business ventures. According to the filing, Trump’s foray into crypto brought in a significant portion of his income. He also disclosed ongoing profits from real estate projects and various licensing agreements. Altogether, his reported assets totaled no less than $1.6 billion.

Though Trump has claimed that his businesses are being overseen by his children through a trust, the report indicates he still benefits financially from many of these enterprises. This has drawn scrutiny, with critics pointing to possible ethical concerns and conflicts of interest. Several of his ventures—especially those tied to crypto—stand to gain from shifts in federal policy, which some argue could be influenced by his political position.

The report, signed on June 13, doesn’t specify the exact timeframe it covers. However, references to crypto-related income suggest it includes data up to December 2024, meaning some recent earnings may not be reflected.

At the time of the disclosure, Trump’s crypto presence was growing but still relatively new compared to his long-standing focus on real estate and golf resorts. His meme coin, $TRUMP, which launched in January, reportedly brought in $320 million. Details of how that revenue is split among Trump-affiliated entities remain unclear.

The Trump family also brought in over $400 million through their involvement in World Liberty Financial (WLF), a decentralized finance firm. Trump’s filing noted $57.35 million from token sales connected to the company and claimed ownership of more than 15 billion governance tokens. Additional investments include bitcoin mining and digital asset ETFs.

Beyond crypto, the president’s wealth continues to be supported by his real estate holdings and media investments. Much of his fortune remains tied to his media company, Trump Media and Technology Group, which owns Truth Social. He also reported an estimated $12 million in returns from passive investments like stocks and bonds, with holdings totaling over $200 million.

Trump’s Florida properties remain major income generators. Three golf resorts—located in West Palm Beach, Jupiter, and Doral—along with his Mar-a-Lago club, brought in over $217 million. Doral alone earned $110 million, making it the single largest source of income in the filing, though these numbers reflect revenue rather than profit.

International projects added more to his earnings, including licensing and development deals in Vietnam, India, and Dubai.

When such a prominent figure reports significant earnings from crypto, the public is bound to gain additional trust in digital assets. Consequently, industry participants such as MARA Holdings Inc. (NASDAQ: MARA) could see an uptick in investor interest.

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