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Hindustan Times
15-06-2025
- Business
- Hindustan Times
Did Trump earn over $50 mn from crypto? POTUS made massive amount by selling watches, sneakers and bibles
President Donald Trump made more than $10 million last year selling items like watches, sneakers, Bibles, and guitars. But the most money came from a cryptocurrency platform, according to a new financial disclosure. The report, released Friday by the Office of Government Ethics, shows Trump earned $57.3 million from his stake in World Liberty Financial, a crypto company. Trump's "$TRUMP" memecoin wasn't included in the report because it launched in January, but it has reportedly made about $320 million in fees so far. Trump also made millions in licensing fees. His Mar-a-Lago resort in Florida brought in over $50 million, according to the 234-page report, which appears to cover income from the 2024 calendar year. In comparison, President Joe Biden's financial disclosure was just 11 pages. $2.8 million from Trump Watches $3 million from "Save America" coffee table books $2.5 million from Trump-branded sneakers and cologne $1.3 million from sales of the Greenwood Bible $1.05 million from '45' branded guitars Trump launched the guitars in late 2023. The electric and acoustic models featured an American eagle and sold for $1,500 to $10,500. Earlier in 2024, Trump released his 'Never Surrender' high-top sneakers at $399 a pair. Also Read: Donald Trump to impose travel restrictions on 36 countries? Here's what we know Trump has promoted these items to supporters, despite critics accusing him of using his political fame for personal profit. His crypto work is also getting attention. A Financial Times report last month said Trump's media company plans to raise $3 billion to invest in Bitcoin and other crypto. Trump Media & Technology Group — which owns Truth Social — is reportedly trying to raise $2 billion in new equity and $1 billion through a bond deal. Some critics say this raises conflict-of-interest concerns, as Trump could benefit from policies he supports in office. Last month, Trump held a private dinner at his Virginia golf club for 200 top investors in the $TRUMP memecoin. One ethics group called it 'nakedly corrupt.'
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Business Standard
15-06-2025
- Business
- Business Standard
Trump's 2024 income tops $600 mn, driven by crypto, resorts, brand deals
US President Donald Trump reported more than $600 million in income for 2024 and declared over $1.6 billion in assets, revealing a business empire that spans high-end real estate, cryptocurrency, global brand licensing, and retail merchandise. The figures are detailed in a 234-page disclosure filed on June 13, offering a snapshot of his financial status before winning a second term in office. Crypto surge boosts income portfolio Trump's expanding footprint in the cryptocurrency space was a highlight of the disclosure. He reported $57.3 million in income from World Liberty Financial, where he holds 15.75 billion governance tokens. Additionally, Trump earned $1.2 million from trading cards in the form of NFTs bearing his image. First Lady Melania Trump received over $216,000 from her own NFT line. The report also lists Trump's personal cryptocurrency holdings, including at least $1 million in ethereum. Vice President JD Vance disclosed holding $250,000 in bitcoin. Golf resorts and Mar-a-Lago revenue streams Golf and hospitality remain Trump's most reliable sources of income. His Florida-based resorts—Jupiter, Doral and West Palm Beach—along with his private club at Mar-a-Lago, together brought in $217.7 million. Trump National Doral topped the list, generating over $110 million. Across the US, Trump's golf courses, hotels and restaurants earned $378 million in revenue, plus $22 million in management fees. His international properties in Ireland and Scotland contributed another $38.9 million. Foreign licensing, merchandise Trump's licensing and royalty businesses also played a major role in 2024. Foreign deals yielded $36 million, with highlights including $5 million from Vietnam, $10 million from India, and over $20 million from Dubai and Oman, largely via Saudi developer Dar Al Arkan. In the US, he earned $1.3 million from sales of the Greenwood Bible, co-branded with singer Lee Greenwood. Other Trump-branded merchandise included Trump Watches ($2.8 million), Trump Sneakers & Fragrances ($2.5 million), and his book Save America, which brought in $3 million. Conservative investments, rising legal liabilities The filing shows a conservative investment approach, focused on fixed-income funds. These include over $50 million in the Schwab Government Money Fund and up to $25 million each in Invesco short-term Treasury instruments and Blue Owl Capital holdings. Equity investments were modest, each capped at $250,000. However, legal troubles cast a shadow over the financial success. Trump acknowledged debts exceeding $50 million related to court rulings involving E. Jean Carroll and the New York attorney general. Two judgments—one for $90 million and another for $350 million plus interest—are noted as 'pending appeal.' Campaign-year monetisation The disclosure underscores Trump's strategy of monetising brand, visibility, and influence during a politically volatile year. Crypto ventures, licensing pacts and merchandise deals contributed significantly to earnings, even as court cases and political scrutiny escalated. First Lady Melania Trump reported over $700,000 in income from just two speaking engagements in 2024, both delivered to the Log Cabin Republicans, further strengthening the Trump family's revenue streams during the election cycle.
India.com
15-06-2025
- Business
- India.com
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…
US President Donald Trump 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.
India.com
15-06-2025
- Business
- India.com
Donald Trump richer than Mukesh Ambani, Adani, Musk, Bezos? Trump reveals his financial assets, earns Rs 5000000000 from crypto alone, his income from India is…
US President Donald Trump 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.
Time of India
14-06-2025
- Business
- Time of India
Here's how much US President Donald Trump made from his crypto investments
US President Donald Trump has reported making $57.35 million from his family's cryptocurrency ventures, a report claims. These figures were reportedly revealed as part of his first public financial disclosure report of this term. As per the report, the US President included income from token sales at crypto firm World Liberty Financial and reported holding 15.75 billion governance tokens in the same venture. The financial disclosure did not specify the exact period it covered. However, details within the cryptocurrency listings and other information in the disclosure suggest the report covers data through the end of December 2024. This timeframe would exclude the majority of funds raised by the Trump family's cryptocurrency ventures during his current term. Donald Trump's biggest crypto investments revealed Earlier this year, the president introduced a meme coin called $TRUMP, which has since generated about $320 million in fees, the news agency Reuters reports. However, Reuters didn't clarify how those earnings are divided between a Trump-controlled entity and its partners remains unclear. On top of those meme coin revenues, the Trump family has pulled in over $400 million from World Liberty Financial, a decentralized finance firm, Reuters noted. The Trump family is also involved in a bitcoin mining operation and several cryptocurrency exchange-traded funds , the report added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo What else does Donald Trump's financial filing reveal about his investments The latest filing also showed that much of the President's wealth was tied to his stake in Trump Media & Technology Group, the company that owns the social media platform Truth Social. As per Reuters calculations, he reported at least $12 million in passive income which includes interest and dividends from investments worth $211 million, notably in Blue Owl Capital and bond funds managed by Charles Schwab and Invesco. Trump's Florida properties which include three golf resorts and Mar-a-Lago also generated at least $217.7 million in revenue, led by Trump National Doral's $110.4 million. International income included $5 million in Vietnam licensing fees, $10 million from India development, and $16 million from Dubai licensing. He also earned royalties of $1.3 million from the Greenwood Bible, $2.8 million from watches, $2.5 million from sneakers and fragrances and $1.16 million from NFTs, while US First Lady Melania Trump made $216,700 from her NFT collection. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
