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Trump Made Over $1.4 Billion from Crypto in 2025, Ethics Filing Shows

Published Jul 1, 2026
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Summary:
  • President Donald Trump earned at least $1.4 billion in 2025 from cryptocurrency and memecoin ventures, according to his annual financial disclosure.
  • Two businesses - World Liberty Financial ($594 million) and CIC Digital LLC ($636 million) - accounted for most of that income.
  • The 927-page filing also shows Trump took out a new pledged-asset line of credit worth more than $50 million from Charles Schwab Corp.

Ongoing Conflict of Interest Concerns

The disclosure underscores the longstanding criticism that Trump's business empire creates potential conflicts of interest, as his administration makes policies affecting the cryptocurrency industry and other sectors. Unlike many previous presidents who divested or placed assets in blind trusts, Trump retained his ownership, allowing him to personally benefit from government decisions.

The CEO role is held by Zach Witkoff, who is the son of the special envoy.

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Trump's memecoin venture, CIC Digital LLC, brought in $636 million, mostly via royalty payments from a deal with Celebration Coins. The company also had at least $60 million in various cryptocurrencies stored in digital wallets. Trump also made nearly $197 million from an equity sale of Stablecoin Holdco.

Outside crypto, Trump's traditional businesses also brought in cash. Mar-a-Lago resort earned $77 million in resort-related revenue, and his Northern Virginia golf club added $25 million.

The 927-page filing includes more than 680 pages of transactions, showing purchases and sales of equities such as Amazon.com Inc., Apple Inc., and Altria Group Inc. Among the stocks most often traded in his portfolio were Nvidia, Microsoft, Netflix, and Exxon Mobil. The document left out over 3,700 deals he made in early 2026, which were separately reported in May. He still has three real estate loans, including mortgages of more than $50 million for Trump Tower and Trump National Doral.

Gifts from friends and sponsors were part of the filing. The president disclosed gifts including 10 World Cup final tickets from FIFA's Gianni Infantino (worth $15,000), 10 US Open tennis tickets from Rolex (worth $25,000), and 10 Super Bowl LIX tickets valued at $50,000.

The president played down his earnings, remarking that he was already rich before taking office. "You know why I'm profiting? Because the stock market's going up," he said at Joint Base Andrews. He also told reporters, "We have funds that run my money."

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