- Trump earned over $57 million from the family crypto firm World Liberty Financial.
- He gained additional millions from books, branded merchandise, and digital collectibles.
- The report also notes significant legal liabilities and mortgage debts still pending resolution.
Big amounts of money came Trump’s way lately, according to his recent income disclosure showing earnings of over $57 million from World Liberty Financial, a cryptocurrency platform with family ties. According to the disclosure that the Office of Government Ethics released on Friday, this crypto corporation has been among the main rivers of income flowing toward Mr. Trump over the previous year.
World Liberty Financial, a decentralized finance (DeFi) platform, was co-founded in 2024 by Zach Witkoff, the son of Steve Witkoff, Trump’s Ukraine-Russia peace envoy. Trump’s sons, Donald Jr., Eric, and Barron Trump, are also listed as co-founders of the firm. Trump’s crypto wallet is valued between $1 million and $5 million, according to the disclosure.
Royalties from Trump-Branded Merchandise
This high-profile DeFi income is only part of the picture. Trump also listed millions in royalties and licensing revenue tied to products featuring his name and likeness, including:
- $3 million for his “Save America” coffee table book
- $2.5 million from “Trump Sneakers and Fragrances”
- $2.8 million from Trump-branded watches
- $1,055,100 for his custom “45 Guitar”
- $1,306,035 for “The Greenwood Bible”
- $1,057,490 from Trump digital trading cards
The 234-page disclosure also notes over $700,000 in speaking fees and outlines an extensive stock and x, spanning more than 145 pages. The White House confirmed that these assets are held in a trust managed by Trump’s children, stating that no conflicts of interest exist while he serves his second term.
Heavy Liabilities and Legal Judgments
Despite significant income, Trump’s financial report also outlines major liabilities, including:
- Over $100 million in mortgage loans tied to properties such as Trump Tower in Manhattan and Trump National Doral Golf Club in Miami
- $88 million judgment awarded to E. Jean Carroll in a defamation and sexual abuse case
- $454 million civil fraud judgment from New York Attorney General Letitia James
Trump notes both judgments are “stayed pending appeal.” He also disclosed an American Express credit card balance ranging from $15,001 to $50,000.
Interestingly, no gifts were listed in the disclosure. In contrast, Vice President JD Vance submitted a much shorter 15-page financial disclosure, reporting at least $50,000 in royalties from his memoir Hillbilly Elegy, along with smaller investment returns.
Once the progressive march of his financial empire gets increasingly intertwined with his political career, the disclosure offers a rare window into the colossally sized accumulation of wealth that indeed set the tone for his burgeoning crypto ventures and the legal battles and financial intrigues that continue to define his new identity.
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