In brief
- Donald Trump earned $57.3 million from the World Liberty Financial token launch, drawing bipartisan criticism over potential conflicts of interest.
- The crypto platform, launched with his sons, raised $550 million from over 85,000 investors worldwide.
- Despite the crypto windfall, Trump’s golf resorts and licensing deals remain his top earners, pushing total 2024 income past $600 million.
President Donald Trump pocketed $57.3 million from his crypto venture World Liberty Financial, earnings that had lawmakers calling it “open corruption.”
The windfall came from token sales by World Liberty Financial, the decentralized finance platform Trump launched with his three sons—Donald Jr., Eric, and Barron—before winning the 2024 election.
The disclosure, spanning 234 pages and filed with the Office of Government Ethics, reveals Trump’s crypto bet paid off handsomely as his administration took office.
The crypto earnings reveal that Trump has successfully monetized his political brand across multiple ventures, from meme coins to golf resorts, generating over $600 million in total income.
World Liberty Financial raised approximately $550 million through two token sales, with more than 85,000 investors participating globally, as per a March statement.
Despite the substantial crypto earnings, Trump’s golf empire remains his financial heavyweight.
Trump Endeavor 12 LLC, his Miami-based company owning golf courses and resorts, generated $110 million, nearly double his crypto income.
The disclosure reveals Trump values 22 assets at more than $50 million each, including his Turnberry Scotland golf resort and stakes in Trump Media & Technology Group, which owns Truth Social.
His Mar-a-Lago Club alone contributed over $50 million in resort-related revenue.
His company, CIC Digital LLC, earned $1.1 million in 2024 from licensing his image on non-fungible tokens and holds an Ethereum wallet worth at least $1 million.
However, his newer meme coin venture, Fight Fight Fight LLC, wasn’t included in the 2024 disclosure since it falls outside the reporting period.
In May, Trump hosted a dinner for the 220 largest holders of the Official Trump (TRUMP) meme coin, causing its price to surge 56% when the event was announced in April.
The filing also details extensive royalty income, including $2.8 million from Trump Watches, $2.5 million from Trump Sneakers and Fragrances, and $1.3 million from the Greenwood Bible, described as “the only Bible officially endorsed by Lee Greenwood and President Trump.”
His foray into digital assets represents a significant shift for a president who once dismissed Bitcoin as a ‘scam against the dollar.’
However, Trump’s crypto ventures did spark intense bipartisan criticism on Capitol Hill.
“It is open corruption,” declared Representative Gerry Connolly, characterizing Trump’s deep crypto ties as creating unprecedented conflicts of interest.
The disclosure lists eleven outstanding debts, including judgments from E. Jean Carroll’s sexual assault and defamation cases and obligations from his 34-felony conviction—all stayed pending appeals.
Seven real estate loans exceed $50 million each on properties including Trump Tower and Trump National Doral.
Edited by Sebastian Sinclair
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