Donald Trump richer than Larry Fink, Mukesh Ambani, Elon Musk, Adani? Trump reveals his financial assets, earns Rs 5000000000 from crypto alone, his income from India is…
New Delhi: Donald Trump, who is one of the richest US presidents, released his first public financial disclosure of assets on Friday. Trump has also revealed the earnings of his family's involvement in cryptocurrency, according to Reuters. As per the report, Trump's total net worth is estimated at massive USD 1.6 billion (around Rs 13,800 crore).
The report further adds that Donald Trump is earning a huge money from India as well. He received a USD 5 million licensing fee from a development project in Vietnam. In India, he earned USD 10 million in development fees from a project. He also made around USD 16 million by licensing a project in Dubai. Here are some of the interesting details: Donald Trump reported an income of USD 57.35 million (approximately Rs 500 crore) from the sale of tokens by a crypto company named World Liberty Financial.
He also disclosed ownership of 15.75 billion governance tokens associated with this venture. The disclosure was signed on June 13.
Based on the cryptocurrency data and other details mentioned in the report, it appears to include earnings up to the end of December 2024.
According to Reuters, Trump earned over USD 600 million from cryptocurrency, golf courses, licensing agreements, real estate, and other businesses.
Most of his wealth is invested in Trump Media & Technology Group, the company that operates his social media platform, Truth Social.
He owns three golf resorts in Florida—Jupiter, Doral, and West Palm Beach. Additionally, he has a private club in Mar-a-Lago.
These properties have generated a total income of at least USD 217.7 million.
Donald Trump owns a large golf resort near Miami, called Trump National Doral. It is known for its Blue Monster course.
This resort was the biggest source of income for the Trump family, generating $110.4 million.
Not only from resorts or other businesses, Trump has also earned royalties from branded merchandise. He received USD 1.3 million from the 'Greenwood Bible,' which is described as the only Bible officially endorsed by both Lee Greenwood and Trump. He earned USD 2.8 million from Trump watches and USD 2.5 million from Trump sneakers and perfume.
Trump's meme coin, $TRUMP, was launched earlier this year. It has generated approximately $320 million in fees. However, it is unclear how this amount will be divided among the entities and partners associated with Trump.
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