President Donald Trump reported more than $1.4 billion in cryptocurrency-related income in his latest annual financial disclosure released Tuesday, with digital assets emerging as the largest source of his personal earnings during his second term.
The 927-page disclosure, covering 2025 and filed with the U.S. Office of Government Ethics, shows Trump earned more than $500 million from World Liberty Financial, the cryptocurrency company he co-founded in 2024 with his sons, Eric Trump and Donald Trump Jr. He also reported another $635 million in income tied to sales of the $TRUMP meme coin.
Speaking with reporters Wednesday morning before leaving for events in North Dakota, Trump said that others choose his investments without his input.
“I’ve made a lot of money before I became president, and they invest my money, and I don’t talk to them,” he said. “So, I have many people… I don’t know what they call closed accounts or something. You put your money in, and that’s it. I don’t talk to them. They’re big institutions, and they run it.”
The president also earned hundreds of millions of dollars in income from several of his properties in 2025, including $122 million from Trump Doral, $77.5 million from Mar-a-Lago and $39 million from Trump Tower Chicago.
The filing lists more than $80 million in income from legal settlements with media companies including ABC, CBS, Meta, YouTube and X. Trump also reported at least $8.3 million in royalties from books and branded merchandise, including $4.7 million from Trump watches and more than $200,000 in royalties from the God Bless the USA Bible, a branded edition promoted in partnership with singer Lee Greenwood.
The disclosure illustrates a significant shift in Trump’s business portfolio. While his wealth has long centered on hotels, golf courses and commercial real estate, cryptocurrency has emerged as his largest revenue driver. Reuters previously estimated the Trump family has generated at least $2.3 billion in profits from crypto-related ventures since Trump returned to the presidency.
The report follows additional ethics disclosures released in May showing hundreds of millions of dollars in securities transactions involving major U.S. companies and municipal bonds. At the time, the Trump Organization said those investments were managed by outside financial institutions through discretionary accounts and that neither Trump nor his family directed individual trading decisions.
Soorin Kim contributed to this report.
Soorin Kim is a White House producer with MS NOW.
Ebony Davis is a breaking news reporter for MS NOW based in Washington, D.C. She previously worked at CNN as a campaign reporter covering elections and politics.
