New Delhi, Jul 01: US President Donald Trump earned more than $1 billion (about £750 million) last year, with cryptocurrency emerging as his biggest source of income, according to his mandatory 2025 financial disclosure, the BBC reported.
The 927-page financial report shows Trump earned about $635 million in royalties from his Trump-themed meme coin, launched just three days before he took office. Although the cryptocurrency has since lost much of its value, it generated substantial income during the reporting period.
The disclosure also revealed that Trump received more than $500 million from World Liberty Financial, a cryptocurrency company founded by his sons along with the children of his special envoy, Steve Witkoff. According to the BBC, Trump and his family receive 75 per cent of the firm’s net proceeds.
Apart from cryptocurrency, Trump reported millions of dollars in earnings from his real estate business as well as sales of Trump-branded Bibles, watches and other merchandise.
The White House rejected suggestions that the President had benefited financially from holding office. White House Deputy Press Secretary Anna Kelly said Trump had helped make the United States “the crypto capital of the world” and denied any conflict of interest.
“Neither the President nor his family has ever engaged – or will ever engage – in conflicts of interest,” Kelly said, adding that all actions taken by Trump and his administration were in the best interests of the American people.
According to the BBC, the latest disclosure marks a sharp increase in Trump’s reported earnings compared with the previous year, when he declared more than $600 million in income.
The filing also details several smaller cryptocurrency-related transactions involving digital wallets holding crypto assets.
The financial disclosure includes the earnings of First Lady Melania Trump as well.
She reported income of $10.7 million from a licensing agreement linked to a documentary about her released last year, along with another $6 million from an agreement related to the sale of non-fungible tokens (NFTs), or digital collectibles.
