United States President Donald Trump earned approximately $1.2 billion from his family’s cryptocurrency ventures during his first year back in office, according to financial disclosure documents released by the US Office of Government Ethics.
The 927-page disclosure revealed that Trump received nearly $550 million in 2025 through his association with the cryptocurrency startup World Liberty Financial (WLF). The company was co-founded in September 2024 by Trump’s sons and the son of Trump’s Middle East special envoy, Steve Witkoff.
The filing also disclosed that Trump earned about $635 million in royalties under a licensing agreement connected to the $TRUMP cryptocurrency, which was launched just hours before his inauguration in January 2025.
According to Forbes, Trump’s cryptocurrency ventures have been the primary driver behind the sharp increase in his personal wealth, with his net worth rising from $2.3 billion in 2024 to $6.5 billion in 2026.
The president has faced repeated allegations of conflicts of interest over his investments in the cryptocurrency industry while serving in office. Critics argue that his administration’s efforts to deregulate the sector have contributed to rising cryptocurrency values, potentially benefiting his personal financial interests.
The White House dismissed the allegations, insisting that neither President Trump nor his family had engaged in any conflict of interest. Principal Deputy Press Secretary Anna Kelly stated that Trump had proudly made the United States the “crypto capital of the world” and maintained that every action taken by the president and his administration was in the best interest of the American people. She also accused critics and sections of the media of recycling false narratives that had been promoted for years.
Under a 1978 US law, both the president and vice president are required to publicly disclose their income and assets. The latest filing also included details of First Lady Melania Trump’s earnings, which exceeded $10 million from an Amazon documentary about her life, as well as more than $500,000 in royalties from her book, Melania.
The disclosure made several references to World Liberty Financial, which launched its own cryptocurrency, WLFI. Its initial token sale generated $550 million. However, since becoming publicly tradable in September 2025, the value of the token has fallen significantly from 46 cents to about six cents per unit.
Trump and his three sons also acquired an additional 22.5 billion WLFI tokens through an intermediary company known as DT Marks Defi. Those holdings are currently estimated to be worth about $1.3 billion.
In April 2025, World Liberty Financial introduced a stablecoin whose value is pegged to the US dollar. Beyond his earnings from the company and its cryptocurrencies, Trump also generated several million dollars from investments in publicly traded cryptocurrency-related companies, including the Coinbase exchange platform.
The financial disclosure further showed that Trump continued to receive income from the sale of branded merchandise, including clothing, bumper stickers and Bibles. His partnership with country singer Lee Greenwood for the sale of branded Bibles alone generated more than $208,000.
The president’s assets are currently held in a trust managed by his son, Donald Trump Jr. However, the trust’s governing rules allow it to be dissolved at any time, meaning Trump could regain direct control of the assets once his second presidential term concludes in 2029.
The disclosure also showed that Vice President JD Vance reported significant earnings after assuming office. He declared royalties of between $1 million and $5 million from his 2016 memoir, Hillbilly Elegy.
