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Trump made more than bn from crypto in first year back in office

Trump made more than $1bn from crypto in first year back in office

Tuesday’s disclosure shows his crypto earnings far overshadow income from his real estate business, which first catapulted him to fame.

Trump earned around $77m from his Mar-a-Lago club and $122m from his golf club in Doral, Florida.

He also earned more than $30m each from golf clubs in Bedminster, New Jersey, and Jupiter, Florida, and Turnberry, Scotland.

Trump also earned millions from other business ventures, according to the financial disclosure.

These included $4.7m in royalties from Trump-branded watches, along with Trump-branded Bibles, trainers, fragrances and guitars.

First Lady Melania Trump also listed her income from 2025 in the disclosure. She made $10.7m from a “license agreement” related to the documentary about her that was released last year.

Another $6m in income is listed for her from the sale of NFTs, which are digital images sold online.

The president listed some $86.5m of income in settlements from various legal actions.

These included $16m from a lawsuit against ABC, $16m from CBS Broadcasting and CBS Interactive, $24.5m from Meta, $22m from YouTube and $8m from X.

But the White House has said most of that money went towards Trump’s future presidential library or a nonprofit dedicated to the upkeep of park sites in the Washington DC area.

According to a list of the world’s richest people compiled by Forbes magazine, Trump has an estimated fortune of $6bn – up from $2.3bn in 2024. Bloomberg’s Billionaire’s Index puts the president’s net worth at $7.6bn.

After his return to the White House, Trump adopted a friendly approach to the crypto industry, even as companies linked to his family issued digital tokens.

The Trump-appointed head of financial regulator, the Securities and Exchange Commission, is also seen as an ally of the crypto industry.

Since taking office in April 2025, Paul Atkins has shifted the agency away from the strict, regulation-by-enforcement approach of his predecessor.

Last July, the president signed the GENIUS Act into law, to make “make America the undisputed leader in digital assets”.

At more than 900 pages, Trump’s annual filing dwarfs those of his predecessors. For example, Joe Biden’s financial report for his last full year in office was 11 pages long.

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