President Trump’s new financial disclosures revealed he pocketed more than $1 billion in crypto income and hundreds of millions of dollars from other investments, suggesting that his personal wealth dramatically increased since he returned to the White House.
He made more than $1 billion in crypto holdings, $80 million from legal settlements and tens of millions of dollars in foreign investment income in 2025, according to the 927-page document submitted to the U.S. Office of Government Ethics.
Asked about the windfall, Mr. Trump told reporters Wednesday that he is not profiting from being president.
“I’m profiting because the stock market is going up. Everybody is profiting,” he said, adding, “Thank you, President Trump.”
Mr. Trump earned more than $635 million from a licensing agreement for his $Trump meme coin, which launched three days before he took office.
He also had $236 million in additional income from selling WLFI cryptocurrency tokens through World Liberty Financial, the crypto company founded by Mr. Trump, White House special envoy Steve Witkoff and their sons in 2024.
He sold equity worth more than $65 million associated with World Liberty Financial and more than $290 million in income from cryptocurrency wallets associated with World Liberty.
Mr. Trump reported $205 million in proceeds from stablecoin investments, including sales of holdings in a company dubbed Stablecoin Holdco, which is also associated with World Liberty Financial.
All told, the crypto income pushed the president’s total crypto holdings to $1.4 billion.
Mr. Trump said he keeps his investments at arm’s length.
“I don’t get involved,” he said. “We have funds that run my money. I made a lot of money before I became president, and they invest my money, and I don’t talk to them.”
He referred to his investments as “closed accounts.”
“You put in your money, and that’s it. I don’t talk to them. They are big institutions, and they run it,” he said, adding that he purposely never speaks to the people who invest his money.
At 927 pages, Mr. Trump’s financial disclosures, which were made public late Tuesday and cover the first year of his second term, are believed to be the longest ever filed by an American president. By comparison, President Barack Obama’s financial disclosure form was 8 pages, and President Biden’s was 11 pages.
Vice President J.D. Vance’s form for last year was 17 pages.
Unlike past presidents, Mr. Trump did not divest his assets or place them in a blind trust before taking office. The Trump Organization has said the assets are managed by third-party financial institutions, with trades executed through automated technology.
Forbes estimates Mr. Trump to be worth about $6 billion, suggesting a $2.3 billion increase in his net worth since entering the White House. Bloomberg estimates Mr. Trump’s worth at about $7 billion.
The financial disclosure forms also detail tens of millions in overseas revenue from licensing fees on hotel and golf courses, including $5.25 million from a forthcoming golf club in Doha, Qatar, and $5 million from a Bucharest Trump Tower project in Romania announced last July.
Mr. Trump also reported about $13 million in licensing and management fees from an 80-story building the Trump Organization is constructing in Dubai.
Other foreign revenue included $8.5 million in licensing fee income from four projects announced in India and $5 million from a resort in Vietnam that was approved for construction last year.
Mr. Trump added $10 million to his coffers from an Abu Dhabi licensing deal and $9.2 million from Saudi Arabia. He has luxury property projects under construction in both places.
Stateside, Mr. Trump earned $77.5 million from his Mar-a-Lago club; $37.6 million from his golf club in Bedminster, New Jersey; $38.5 million from his hotel in Chicago; $31.6 million from his golf course in Jupiter, Florida; $25 million from his golf course outside Washington; and $25 million from his hotel and condo skyscraper in Las Vegas.
Legal settlements against media outlets that Mr. Trump had accused of bias were also a major source of income for the president. He reported $22 million from Google and YouTube’s parent company, $24.5 million from Meta, $16 million from CBS, $16 million from ABC and $8 million from X.
Mr. Trump said he donated the settlement funds, with the exception of the X settlement, to either his presidential library or the Trust for the National Mall.
First lady Melania Trump earned more than $10 million last year from licensing her image to the producers of her documentary “Melania,” according to the disclosures.
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