President Trump raked in ₹5,200 crore last year from crypto, golf and licensing

The total value of his assets topped $1.6 billion.
Trump
Pic: Mint
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Donald Trump reported more than $600 million in income from cryptocurrency ventures, golf resorts, licensing deals and other business activities in a public financial disclosure released on Friday. The filing offers a snapshot of the wide-ranging commercial interests of the billionaire president.

The annual financial disclosure, which appears to cover the 2024 calendar year, indicates a substantial boost to Trump’s wealth from his foray into cryptocurrencies, alongside significant earnings from property developments and licensing. The total value of his assets to be at least $1.6 billion.

Income flows to Trump

Although Trump has stated that his businesses are held in a trust managed by his children, the filing reveals that income from these ventures continues to flow to him—an arrangement that has drawn accusations of conflicts of interest, particularly where policy changes under his administration may have benefited his holdings.

While the disclosure is dated June 13, it does not specify the reporting period. However, details regarding digital assets suggest it runs through the end of December 2024, excluding more recent earnings from the Trump family’s cryptocurrency enterprises.

The document also captures a transitional moment in Trump’s business focus—from traditional real estate and golf clubs to the fast-evolving world of digital assets. A meme coin launched earlier this year under the name $TRUMP reportedly generated an estimated $320 million in fees, though the precise division of those earnings between Trump-controlled entities and their partners remains unclear.

Bitcoin mining

In addition to the meme coin revenues, the Trump family has earned over $400 million through World Liberty Financial, a decentralised finance firm. Trump is also linked to a Bitcoin mining operation and exchange-traded digital asset funds.

According to the disclosure, Trump personally reported $57.35 million in income from token sales via World Liberty, as well as holdings of 15.75 billion governance tokens related to the venture.

A large portion of Trump’s paper wealth remains tied up in Trump Media & Technology Group, the parent company of social media platform Truth Social.

In total, he reported at least $12 million in passive income—largely from interest and dividends—on investments valued at a minimum of $211 million. Key investments include shares in alternative asset manager Blue Owl Capital Corp, and government bond funds managed by Charles Schwab and Invesco.

Because the disclosure often provides asset values and income in ranges, Trump’s actual holdings are likely significantly higher.

Golf resorts bring in millions

The filing highlights income from several of Trump’s Florida properties. His three golf-focused resorts—Jupiter, Doral and West Palm Beach—along with his private club at Mar-a-Lago, generated at least $217.7 million in revenue. The Trump National Doral near Miami, known for its Blue Monster course, was the largest single source of income, accounting for $110.4 million. These figures represent gross revenues rather than net profits.

The disclosure also underlines the global scope of Trump’s business empire. It includes $5 million in licensing income from a project in Vietnam, $10 million in development fees from India, and nearly $16 million from licensing arrangements in Dubai.

Trump also received royalties from various merchandise deals, including: $1.3 million from Greenwood Bible (billed as “the only Bible officially endorsed by Lee Greenwood and President Trump”), $2.8 million from Trump Watches, and $2.5 million from Trump Sneakers and Fragrances.

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