Publish: 12:04, 15 Jun, 2025

Trump reports more than $600m in income from crypto, golf, licensing fees

Online Desk
Trump reports more than $600m in income from crypto, golf, licensing fees
Representative Photo: Collected

President Donald Trump reported more than $600 million in income in 2024, fueled by ventures in cryptocurrency, real estate, golf resorts, and branded merchandise, according to his newly released public financial disclosure form.

The report, signed on June 13, offers a snapshot of his vast and growing business empire and indicates assets worth at least $1.6 billion, based on Reuters calculations.

Though Trump claims his businesses are managed by his children through a trust, the income from those entities continues to flow to him, drawing continued criticism and accusations of conflicts of interest — particularly in ventures that may benefit from U.S. policy.

"President Trump, Vice President Vance, and senior White House staff have completed required ethics briefings and financial reporting obligations," said White House press secretary Karoline Leavitt. "The Trump Administration is committed to transparency and accessibility for the American people."

A significant portion of Trump’s 2024 earnings came from cryptocurrency-related ventures. His meme coin, $TRUMP, reportedly brought in around $320 million in fees. The family also earned over $400 million from World Liberty Financial, a decentralized finance firm, with Trump personally reporting $57.35 million in token sales and ownership of 15.75 billion governance tokens.

Beyond crypto, Trump’s financial holdings span traditional investments, golf courses, licensing deals, and his media business. He reported passive income of at least $12 million from investments worth at least $211 million, including holdings in Blue Owl Capital, Charles Schwab, and Invesco-managed funds.

One of Trump's most lucrative assets remains Trump Media & Technology Group, owner of Truth Social. Although the report only includes rough value ranges for many holdings, Reuters noted the true total is likely higher than reported.

Trump’s Florida golf resorts — Jupiter, Doral, and West Palm Beach — alongside his Mar-a-Lago club, earned at least $217.7 million in revenue. Trump National Doral alone accounted for $110.4 million, making it his top income-generating property.

The disclosure also highlighted the international reach of Trump’s business. He earned $5 million in licensing fees from a project in Vietnam, $10 million from India, and nearly $16 million from Dubai.

Trump’s branded merchandise continues to generate notable income. In 2024, he collected $2.8 million from Trump Watches, $2.5 million from Trump Sneakers and Fragrances, and $1.3 million in royalties from the Greenwood Bible, promoted as the only Bible endorsed by Trump and country singer Lee Greenwood.

His NFT trading cards, featuring his own likeness, brought in $1.16 million, while First Lady Melania Trump earned $216,700 from her separate NFT collection.

The financial disclosure captures a moment when the Trump family was increasingly active in cryptocurrency while maintaining a strong presence in legacy businesses like real estate and luxury branding.

Source: Reuters

Bd-pratidin English/FNC

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