Trump declares $3.3 billion in income from crypto, golf clubs and licensing fees
Donald Trump declared more than $600 million in income from cryptocurrencies, golf clubs, licensing and other ventures in a public financial disclosure released Friday that offers a glimpse into the U.S. president's vast business wealth.
The filing, which appears to cover the 2024 calendar year, shows that the president’s cryptocurrency endeavors have substantially increased his wealth, but he has also reported significant income from venture capital and other businesses. Overall, the president has declared at least $1.6 billion in assets, according to a Reuters calculation.
Although Trump claims to have placed his business interests in a trust managed by his children, the documents show how those earnings still end up going to the president -- something that exposes him to accusations of conflicts of interest.
Some of his businesses in areas such as crypto assets, for example, benefit from policy changes adopted under his government and have become a source of criticism.
"President Trump, Vice President Vance and senior White House aides have completed mandatory ethics training and financial disclosure obligations," White House press secretary Karoline Leavitt said in an emailed statement to Reuters. "The Trump administration is committed to transparency and accessibility for the American people."
The report was signed on June 13 and does not indicate the period covered. Details about crypto assets and other information, however, suggest it covers the period up to the end of December 2024, which would exclude most of the money raised by the family’s crypto ventures.
The Republican businessman-turned-politician's wealth ranges from cryptocurrencies to real estate, including resorts and golf clubs, as well as licensing fees from a venture in Vietnam, a development project in India and another in Dubai.
Much of his fortune, on paper, is also tied to his stake in Trump Media & Technology Group, the company that owns the social media platform Truth Social.
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