Trump's Crypto Earnings Surpass Property Revenue
President Trump generated more than $1 billion from his cryptocurrency businesses in 2025, according to a federal filing released Monday. This substantial income significantly boosted his annual earnings.
During his second term, Trump and his family have heavily invested in digital currencies and various crypto enterprises, with Trump expressing his ambition for the US to become the “crypto capital of the world.” These crypto earnings are in addition to profits derived from his legal settlements, real estate holdings, and royalty agreements.
Many of the president’s crypto ventures were startups at the time he assumed office but have since outpaced the revenue of his extensive property portfolio, which took decades to build. This growth has been driven by investments from billionaire backers and Trump's efforts to prevent federal regulatory crackdowns on the cryptocurrency industry.
Details from the 2025 Disclosure Report
The annual disclosure report filed with the Office of Government Ethics for 2025 reveals that Trump earned over $500 million from his primary crypto enterprise, World Liberty Financial. This business sold new crypto products, including “governance tokens.” Additionally, another crypto company, CIC Digital LLC, generated more than $600 million from sales of novelty “meme” coins featuring Trump’s likeness, which were launched just days before his inauguration.
“Neither the President nor his family has ever engaged – or will ever engage – in conflicts of interest,” said Anna Kelly, a White House spokesperson. “President Trump proudly made the United States the crypto capital of the world through executive actions, supporting legislation like the GENIUS Act, and other commonsense policies to drive innovation and economic opportunity for all Americans.”
Kelly added that “all actions by President Trump and his administration are taken in the best interest of the American people – and any so-called ‘reporters’ pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade.”
Despite the significant revenue, Trump’s crypto tokens and coins have experienced a decline in value since their initial sales.
Additional Revenue Streams
In 2025, Trump also earned millions from sales of Trump-branded merchandise, including Bibles, sneakers, and other small items—an unprecedented move for a sitting president. Specifically, Trump-branded watches accounted for $4.7 million in earnings.
The rise of cryptocurrency income relative to Trump’s property earnings is particularly notable given that he accumulated tens of millions from fees and licensing deals related to new hotels, resorts, and condominiums overseas. Several of these countries were engaged in negotiations with the US on tariffs, military aid, and other significant issues.
For instance, a property in the United Arab Emirates generated $10.4 million. Another property in Saudi Arabia, developed by a real estate firm closely connected to the ruling family, contributed $9 million to Trump’s company. Properties in Bucharest, Romania, and Qatar each provided $5 million in revenue.
Legal Settlements
The disclosure report also detailed that Trump earned over $86 million from five separate legal settlements involving media and social media companies. These settlements included agreements with ABC, CBS, YouTube, Meta, and X (formerly Twitter).
