“The most serious conflict of interest in history” and “the dawn of the extortion economy”—despite facing widespread criticism, the Trump family continues to forge ahead undeterred, thriving in the world of cryptocurrency.
On June 13, local time, former President Donald Trump filed his first financial disclosure report for a potential second term, revealing that he earned $57.7 million last year from token sales tied to a cryptocurrency company he co-founded with his sons.
Previous public data showed that the Trump family has already ventured into non-fungible tokens (NFTs), Bitcoin mining, and the issuance of personal cryptocurrencies, accumulating nearly $1 billion in paper gains from these ventures.
The disclosure, spanning more than 230 pages, provides a detailed account of Trump’s holdings in stocks, dividend income, real estate, and other investment portfolios. Dated June 13, 2025, the report was released by the U.S. Office of Government Ethics (OGE) as part of efforts to “prevent conflicts of interest within the executive branch.”
However, the report does not specify the exact period it covers. Details of cryptocurrency holdings and other information suggest that the report is current as of the end of 2024, thereby excluding most of the capital raised by the Trump family’s crypto ventures thereafter.
The report sheds light on the operations of Trump’s vast business empire, with revenues spanning hotels, golf resorts, and crypto enterprises, totaling several hundred million dollars.
Of this, $57.7 million came from a cryptocurrency firm named “World Liberty Financial,” founded in the run-up to last year’s election. According to the company’s website, Trump and his three sons—Donald Jr., Eric, and Barron—are listed as co-founders.
Trump also disclosed ownership of 15.75 billion governance tokens in the company. Governance tokens are a special class of cryptocurrency that grants holders voting rights in blockchain projects or decentralized autonomous organizations (DAOs).
Nevertheless, this income is not the largest contributor to Trump’s personal wealth. Trump Endeavor 12, the company that owns his Miami golf resort, generated $110 million in revenue last year. His Mar-a-Lago club brought in more than $50 million in resort-related income.
Alaric estimates Trump’s net worth at approximately $4.8 billion. The disclosure lists 22 assets valued at over $50 million each, including Mar-a-Lago, the Turnberry golf resort in Scotland, World Liberty Financial, and Trump’s equity stake in Trump Media & Technology Group Corp, the parent company of social media platform Truth Social.