Trump’s Crypto Venture: How He Earned $57.3 Million According to White House Financial Disclosures

President Donald Trump made significant earnings in 2024 through various ventures. His income sources included luxury properties and royalty payments, totaling over $57 million from his cryptocurrency initiative with World Liberty Financial. This information was disclosed in an Executive Branch Financial report released on June 13.

Launched in September, World Liberty Financial is a family-owned crypto platform run by Trump’s sons, Donald Jr. and Eric, with 18-year-old Barron Trump playing a key role. The project is led by Zach Witkoff, son of Trump’s Middle East envoy. According to the report, this venture accounted for a large portion of Trump’s income, generating around $57.3 million, with Trump holding 75 percent ownership.

Interestingly, Trump’s $TRUMP token, which saw a surge in valuation just before inauguration day, wasn’t included in the financial report since it was released in 2024. The arrival of $MELANIA meme coins for the First Lady close to inauguration date has raised ethical questions. Recently, Trump hosted a dinner for top holders of the $TRUMP token.

In the broader context, the upcoming GENIUS Act, which aims to provide less oversight for banks and companies issuing stablecoins, has sparked controversy. Senator Elizabeth Warren has publicly criticized the act, claiming it could enable corruption linked to Trump’s financial dealings. Recently, World Liberty Financial launched a USD1 stablecoin backed by treasury bonds.

Additionally, Trump’s luxury resort, Mar-a-Lago, earned over $50 million in 2024, while he received $15 million in licensing fees from a property in Dubai. He also generated $3 million from royalties for his coffee table book, Save America, and made additional profits from Trump-branded sneakers, fragrances, and even Bibles produced in China.

The report also revealed significant liabilities. Trump faces over $50 million in legal disputes related to cases brought by E. Jean Carroll, who won both sexual abuse and defamation lawsuits against him.

These financial developments not only illustrate Trump’s diverse income streams but also highlight the complex financial landscape he navigates amid ongoing legal challenges. As public interest remains high, social media discussions around these topics continue to evolve, reflecting varied user opinions on Trump’s business activities.

For more details, you can refer to the full public financial disclosure here.

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