US President Donald Trump recorded about $1.2 billion in income from his family’s cryptocurrency activities during his first year back in office, according to financial disclosures released on Tuesday.
According to the 927-page document released Tuesday by the U.S. Office of Government Ethics, Trump received nearly $550 million from his ties to startup World Liberty Financial in 2025.
World Liberty Financial (WLF) was co-founded in September 2024 by Trump’s sons and the son of Trump’s special envoy to the Middle East, Steve Witkoff.
The filings also mention $635 million in royalties received under a licensing deal related to the $TRUMP cryptocurrency, launched just hours before the president’s inauguration in January 2025.
The president’s crypto activities are the main reason for the nearly tripling of his personal wealth, which grew from $2.3 billion to $6.5 billion between 2024 and 2026, according to Forbes.
The former real estate developer is regularly accused of conflicts of interest, particularly for investing in the cryptocurrency industry while as president he took steps to deregulate the sector, causing asset prices to soar.
The White House dismissed any ethical concerns.
“Neither the President nor his family have ever engaged — or will ever engage — in a conflict of interest,” principal deputy press secretary Anna Kelly said in a statement to AFP.
Kelly said Trump had “proudly made the United States the crypto capital of the world.”
“All actions by President Trump and his administration have been taken in the best interest of the American people — and any so-called ‘reporter’ who pushes otherwise is recycling the same tired and false narrative that Democrats and the legacy media have been pushing for a decade,” Kelly added.
– Bibles and bumper stickers –
A 1978 law requires the president and vice president of the United States to declare their income as well as their assets.
First Lady Melania Trump’s income is also determined in her husband’s financial disclosure.
That includes more than $10 million for an Amazon documentary about her and more than $500,000 for her book Melania.
The disclosures make some mention of World Liberty Financial, which launched its own cryptocurrency, WLFI, whose initial sale brought in $550 million.
Since it became tradable in September 2025, its value has fallen from 46 cents per unit to the current price of 6 cents.
Trump and his three sons also received, through an intermediary company, DT Marks Defi, an additional 22.5 billion WLFI, currently worth about $1.3 billion.
In April 2025, WLF also traded stablecoins – a digital currency whose value is tied to a traditional currency, in this case the dollar.
Beyond the income derived from WLF and its cryptocurrency, Trump has also earned several million dollars from stakes in various publicly listed companies active in cryptocurrencies, such as the exchange platform Coinbase.
There are also profits from Trump-branded merchandise, ranging from apparel to bumper stickers — and more than $208,000 from Bibles sold in partnership with country singer Lee Greenwood.
The president’s assets are held in a trust managed by his son, Donald Trump Jr.
But its bylaws stipulate that the entity can be dissolved at any time, meaning the billionaire could regain control of it once his second term ends in 2029.
Vice President JD Vance, meanwhile, also saw significant gains since becoming Trump’s running mate. He reported between $1 million and $5 million in royalties from his 2016 memoir Hillbilly Elegy.
