Former President Donald Trump reported over $600 million in income from various ventures, including crypto, golf clubs, and licensing fees, according to a public financial disclosure report. This report provides insight into the extensive business holdings of the former billionaire president. The annual financial disclosure form, which appears to cover the 2024 calendar year, highlights how Trump’s push into crypto significantly added to his wealth. Additionally, he reported substantial fees from developments and revenues from other businesses. Overall, assets worth at least $1.6 billion were reported by Trump, as calculated by Reuters. While Trump claims his businesses are managed by his children in a trust, the disclosures reveal that income from these sources still ultimately accrues to him, leading to accusations of conflicts of interest. Some of his ventures, particularly in crypto, have benefited from U.S. policy shifts under his leadership, drawing criticism. The White House did not immediately respond to a request for comment. The financial disclosure was signed on June 13 but did not specify the time period it covered. Details suggest it was through the end of December 2024, excluding most money raised by the family’s cryptocurrency ventures. The filing captures a period when the Trump family was transitioning into crypto while still heavily involved in real estate and golf clubs. A meme coin, $TRUMP, released earlier this year, has reportedly earned $320 million in fees, though the division of this amount between Trump-controlled entities and partners remains undisclosed. Besides crypto, the Trump family has earned over $400 million from World Liberty Financial, a decentralized finance company, and is involved in a bitcoin mining operation and digital asset exchange-traded funds. Trump reported $57.35 million from token sales at World Liberty and holds 15.75 billion governance tokens in the venture. Additionally, Trump reported at least $12 million in income from passive investments totaling at least $211 million. The disclosure shows income from various assets, including properties in Florida. Trump’s golf-focused resorts in the state generated at least $217.7 million in income. The disclosure also lists global income, such as $5 million in license fees from Vietnam, $10 million in development fees from India, and $16 million in licensing fees for a Dubai project. Trump collected royalties from deals like the Greenwood Bible, Trump Watches, and Trump Sneakers and Fragrances. Trump listed $1.16 million in income from his NFTs, while First Lady Melania Trump earned around $216,700 from her NFT collection. — new from Reuters
