Former President Donald Trump reported earning over $635 million last year from a licensing deal with a cryptocurrency firm focused on “meme” coins associated with his brand, according to a comprehensive financial disclosure he released on Tuesday. This revenue boosted his total cryptocurrency holdings beyond the $1 billion mark.
These financial figures pertain to 2025, the inaugural year of Trump’s second term, and were submitted to the U.S. Office of Government Ethics in a 927-page document. For context, former President Barack Obama’s final disclosure was only eight pages, while President Joe Biden’s was 11 pages long. Meanwhile, Vice President JD Vance’s disclosure for the previous year spans 17 pages.
In addition to the $635 million from meme coins, Trump earned over $236 million from further crypto token transactions and more than $65 million from an equity sale linked to his family’s cryptocurrency initiative, World Liberty Financial. Furthermore, there is over $290 million reported as income from cryptocurrency wallets associated with World Liberty.
The $635 million derived from a group named “Celebration Coins.” There seems to be no identifiable digital presence for this group, and a spokesperson for the Trump Organization did not respond to inquiries on Tuesday evening.
A recent correspondence from Senate Democrats indicated that a firm called “Celebration Cards,” registered in Wyoming—now a significant hub for cryptocurrencies—held a crypto conference at Mar-a-Lago last April.
A White House spokesperson commented on Tuesday, saying, “Neither the President nor his family has ever participated, nor will they participate, in any conflicts of interest. President Trump has established the United States as the leading nation in cryptocurrency through executive action, legislative support like the GENIUS Act, and various pragmatic policies aimed at fostering innovation and economic growth for all Americans.”
Unlike his predecessors, Trump did not liquidate his assets or place them in a blind trust at the onset of his presidency. The Trump Organization maintains that these assets are overseen by external financial firms, with trades managed via automated systems.
Douglas Brinkley, a history professor at Rice University, remarked, “It’s astonishing how extensive Trump’s business interests are. There’s no point of comparison. No modern president has had a portfolio like this.”
Trump has encountered bipartisan scrutiny regarding potential conflicts of interest, which the White House has consistently refuted.
His overall cryptocurrency income was approximately $1.4 billion during his first year back in office, when he prioritized relaxing cryptocurrency regulations as a hallmark of his administration.
The disclosure also mentions Trump’s investments in shares of GEO Group, a private corrections company and a significant contractor for ICE.
The report reveals that Trump’s investment accounts began purchasing stock from this prison company just ten days post-inauguration. As the number of undocumented detainees surged from 35,000 to nearly 70,000, his stock purchases rose, amounting to totals between $143,000 and $445,000, with the last transaction logged in late November. Shares sold ranged from $67,000 to $180,000.
Due to the fluctuation of figures reported in the disclosure, it is challenging to ascertain the exact income Trump accrued last year from his extensive investment portfolio.
Prior to this disclosure, Forbes valued the president’s net worth at around $6 billion, while Bloomberg estimated it at $7.6 billion.
A spokesperson for Trump’s business commented, “This disclosure reaffirms that The Trump Organization remains in a solid financial state, buoyed by top-tier, valuable assets, significant liquidity, and a prudent balance sheet,” adding that the lengthy report highlights their dedication to transparency.
“At nearly 1,000 pages, this is one of the most meticulous financial disclosure reports ever filed and demonstrates an unprecedented level of financial transparency in presidential history.”
Additional items reported in the disclosure include:
- First Lady Melania Trump earning over $10 million for licensing her image for the documentary “Melania.”
- Reported income of $80 million from settlements with ABC, anchor George Stephanopoulos, and CBS, as well as payments from Meta, YouTube, and Sundar Pichai, the CEO of YouTube’s parent company, Google. These funds were donated to The Donald J. Trump Presidential Library Foundation Inc., as stated in the report.
- Gifted sporting event tickets valued at thousands of dollars by multiple professional sports team owners and executives from various leagues, including FIFA, NASCAR, PGA of America, and UFC.