United States President, Donald Trump, generated more than $1 billion (£750 million) from cryptocurrency-related businesses in 2025, according to his latest mandatory financial disclosure.
The 927-page filing revealed that Trump received about $635 million in royalties from his Trump-themed meme coin, despite the token losing significant value after its launch shortly before he returned to office.
The disclosure also showed that Trump collected more than $500 million from World Liberty Financial, a cryptocurrency company established by his sons alongside the children of his special envoy, Steve Witkoff.
Beyond crypto, Trump reported substantial earnings from his real estate empire and a range of Trump-branded merchandise.
However, the White House rejected suggestions that the president was benefiting financially from his position.
The latest figures significantly exceed those contained in his 2024 disclosure, which listed more than $600 million in income.
The administration reiterated that Trump’s businesses are held in a trust overseen by his sons and dismissed claims of any conflict of interest.
White House deputy press secretary Anna Kelly said the president had proudly made the US “the crypto capital of the world”.
“Neither the President nor his family has ever engaged – or will ever engage – in conflicts of interest,” she said in a statement.
She added, “All actions by President Trump and his administration are taken in the best interest of the American people – and any so-called ‘reporters’ pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade.”
Trump has previously argued that he is not bound by federal conflict-of-interest laws.
His embrace of cryptocurrency marks a sharp contrast with his earlier stance, when he described Bitcoin as a “scam” and a “disaster waiting to happen”.
According to the filing, earnings from digital assets far exceeded those from many of his traditional businesses.
Trump reported approximately $77 million from his Mar-a-Lago resort and about $122 million from his golf club in Doral, Florida.
His golf properties in Bedminster, New Jersey; Jupiter, Florida; and Turnberry, Scotland, each generated more than $30 million.
The disclosure also detailed income from several licensing and merchandising ventures.
Among them were royalties of roughly $4.7 million from Trump-branded watches, in addition to earnings from branded Bibles, sneakers, fragrances and guitars.
First Lady Melania Trump also disclosed her financial earnings for 2025. She received $10.7 million through a licensing agreement connected to a documentary about her released last year.
She further reported around $6 million from the sale of non-fungible tokens (NFTs), digital collectibles traded online.
The filing also listed millions of dollars received through legal settlements.
Those included $16 million from a lawsuit involving ABC, $16 million from CBS Broadcasting and CBS Interactive, $24.5 million from Meta, $22 million from YouTube and $8 million from X.
The White House has said most of those funds were directed toward Trump’s future presidential library or a nonprofit organisation responsible for maintaining park sites in the Washington, DC area.
According to Forbes, Trump’s estimated net worth has risen to $6 billion, compared with $2.3 billion in 2024. Bloomberg’s Billionaires Index places his fortune at $7.6 billion.
Since returning to office, Trump has adopted a more supportive stance toward the cryptocurrency sector, even as businesses linked to his family have launched digital tokens.
His administration’s approach has also been reflected at the Securities and Exchange Commission, where chairman Paul Atkins is widely viewed as supportive of the crypto industry.
Since taking office in April 2025, Atkins has moved the agency away from the aggressive enforcement-focused regulatory strategy pursued by his predecessor.
Last July, Trump signed the GENIUS Act into law, aiming to “make America the undisputed leader in digital assets”.
