According to Reuters report on July 1st, the latest disclosed mandatory financial reports for 2025 show that U.S. President Donald Trump reported earnings of over $1.4 billion from his family’s cryptocurrency business last year. This indicates that Trump’s primary source of income has now shifted to digital assets, which also benefit from his policies.
The documents show that the cryptocurrency company ‘World Liberty Financial’, founded by him and his son, generated nearly $800 million in revenue. This income was shared between the president and family members, including over $520 million from cryptocurrency sales, and over $250 million from selling shares of the company.
Trump also reported earning $635 million from the sale of his "Trump Meme Coins".
This news highlights how cryptocurrencies have changed the president’s wealth structure. In his disclosure documents last year, he reported only $57.35 million from the sale of World Liberty Finance, but this figure has increased by nearly 9 times in this year’s report.
According to Reuters, since Trump returned to the White House in 2025, the Trump family has earned at least $2.3 billion from crypto-related projects.
After taking office, Trump began implementing a series of policies and measures that industry experts believe are beneficial to the crypto industry. These include establishing federal regulations for stablecoins, and weakening the enforcement efforts of the U.S. Department of Justice and the Securities and Exchange Commission in relation to this industry.
White House spokesperson Anna Kelly said in her statement: “The President and his family have never, and will never, engage in any conflicts of interest. President Trump proudly uses executive actions to make the United States a global capital of cryptocurrencies.”
Kelly added, “All actions of the president and his government are based on the best interests of the American people. Any claims made by so-called ‘journalists’ are simply repetitions of the outdated and false narratives that Democrats and traditional media have been promoting for over a decade.”
The White House previously stated that the president's business interests are currently managed by his children, but the president remains the beneficiary of the trust assets, which ultimately receive the related income.
Although cryptocurrency is Trump’s largest source of income, his traditional businesses—especially golf courses and resorts—still generate millions of dollars in revenue.
Trump reported that revenue from his golf and vacation facilities would increase by 15% in 2025, slightly exceeding $500 million. The most significant increase will be seen at his Florida Lakeside estate, where he will spend a large amount of time after taking office in 2025.
Hua Hui Manor Club's revenue soared from $50 million in 2024 to $77 million; its golf club located in West Palm Beach saw a 27% increase in revenue. However, its stadium in Los Angeles experienced a decline in revenue.
Former US Office of Ethics Counsel Acting Chief, Tang Fukx stated that the president and vice president are exempt from the ethics rules applicable to executive branch employees.
He said, “Every president in the post-Watergate era managed their finances in a way that seemed to be constrained by conflicts of interest. But for Trump, these norms were completely forgotten.”
He added, “He is more than anyone else who can illustrate that more ethical reforms are necessary. From a legislative perspective, consideration could be given to restricting the types of investments that the president and vice-presidents can hold.”
