Trump Reports Over $600 Million in Income from Diverse Ventures

Financial Disclosure Reveals Business Activity

Former President Donald Trump has disclosed that he earned over $600 million from various business ventures including cryptocurrency, golf clubs, and licensing fees. The details were provided in a public financial disclosure report made available on June 13, 2025, which outlines the significant income sources and assets of the billionaire businessman.

The annual financial disclosure form, which is believed to cover the calendar year 2024, showcases Trump’s extensive push into the cryptocurrency market, contributing substantially to his overall wealth. According to calculations by Reuters, Trump reported total assets amounting to at least $1.6 billion, largely comprising earnings from his various business interests.

Breakdown of Income Sources

The financial disclosure highlights a variety of earnings from several key business areas:

• Cryptocurrency Ventures: Trump reported receiving $57.35 million specifically from token sales related to World Liberty Financial, a decentralized finance company in which his family is involved. Additionally, a meme coin launched earlier this year, named $TRUMP, generated an estimated $320 million in fees, though the exact distribution of these earnings between Trump-controlled entities and partners remains unclear.

• Golf Clubs and Resorts: Trump’s golf properties in Florida, including his notable Mar-a-Lago estate, collectively generated approximately $217.7 million. The Trump National Doral resort, recognized for its Blue Monster golf course, was the most lucrative, bringing in $110.4 million in revenue.

• Licensing Fees and Other Ventures: The former president reported receiving millions from various licensing deals, including $5 million from a development project in Vietnam, $10 million from a project in India, and nearly $16 million from a Dubai-related deal. Other sources of income include royalties from products such as Trump Watches and Trump Sneakers, which added millions more to his financial record.

In terms of passive investments, Trump noted an income of at least $12 million from a portfolio exceeding $211 million, with primary holdings in alternative fund manager Blue Owl Capital Corp and government bond funds managed by Charles Schwab and Invesco.

Potential Conflicts of Interest

Despite Trump’s claims of placing his businesses into a trust managed by his children, the reported income from these ventures raises questions about potential conflicts of interest. Critics have pointed out that areas benefiting from U.S. policy changes during his presidency may complicate the separation between Trump’s business dealings and his political activities.

The White House has yet to provide a comment regarding these disclosures.

Conclusion

The public financial disclosure serves as a comprehensive snapshot of the revenue streams that continued to flow to Trump during his political career. This latest report not only emphasizes the billionaire’s growing influence in the crypto market but also illustrates the diversity of his business operations across real estate, golf, and global licensing. As the former president’s financial dealings face scrutiny, the implications of these findings on his future political ambitions remain to be seen.

Reporting by Lawrence Delevingne, Tom Bergin, Tom Lasseter, and Shivani Tanna; additional contributions from Jim Oliphant. Edited by Sandra Maler, Paritosh Bansal, Megan Davies, Will Dunham, and Raju Gopalakrishnan.

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