Trump’s $2.2 billion windfall: How cryptocurrencies and real estate fuel conflict-of-interest questions | Today’s news
President Donald Trump has announced that he has earned at least $2.2 billion in 2025 from his growing business empire, including cryptocurrency ventures, real estate holdings and other investments. The sharp jump represents a significant increase from the minimal $622 million his businesses generated in all of 2024 before he returned to the presidency.
Here’s how much he earned from various assets:
Crypto:
Trump reported making at least $1.4 billion in 2025 from crypto and memecoin-related businesses, according to his latest annual financial disclosures.
Trump announced that he made more than $594 million from the sale of World Liberty Financial, a crypto firm co-founded by Trump, his sons and Steven Witkoff, a top diplomat in his administration.
Meanwhile, CIC Digital LLC, Trump’s memecoin business, generated $636 million in revenue. Almost everything went in the form of royalties from the licensing agreement with Celebration Coins. In addition, he also made almost $197 million from the sale of shares of Stablecoin Holdco.
Read also | Trump Makes Over $1B in Crypto Trades, Part of 2025 Windfall
In fact, the crypto haul was by far the president’s biggest source of income. Those earnings far exceed the $77 million he earned in resort-related sales from his Mar-a-Lago resort or the $25 million from his Northern Virginia golf club.
Property:
Trump also earned at least $26 million in income from a number of new real estate ventures abroad, illustrating how his fortune has grown as his family has taken on foreign deals in his second term.
The revenue came from new business the Trump Organization made around the world in locations from Romania to the United Arab Emirates. The company has licensed the Trump name for real estate projects in Bucharest, Doha and Al Raha Beach in Abu Dhabi. Additional revenue flowed from previously inactive entities in the Indian cities of Gurugram, Noida and Pune.
Stocks
The disclosure lists more than 680 pages of transactions, including purchases and sales of stocks, including Amazon.com Inc. and Apple Inc.
Among the most traded stocks in his portfolio were Nvidia Corp., Microsoft Corp., Netflix Inc. and Exxon Mobil Corp.
Other assets
Trump also reported a surge in hospitality at his Mar-a-Lago resort in Florida, where revenue jumped 55% — from $50.1 million to $77.5 million — compared to last year’s filing.
Golf course revenue increased 12% to $399 million. Trump National Doral Miami — where the president is scheduled to host the Group of 20 summit later this year — saw a 10% increase in revenue to $122 million. Trump’s Palm Beach Club posted a 27% gain to $36.9m and Trump International Golf Links Aberdeen in Scotland, where Trump visited the second course last July, rose 51% to £6.7m.
Read also | Trump is urging Congress to end birthright citizenship by law
Has Trump’s Wealth Creation Raised Conflict of Interest Concerns?
Calling the scale of the wealth creation “absolutely unprecedented,” Megan Gorman, a tax attorney, told the New York Times that history shows U.S. presidents have taken steps to distance themselves from business interests, which could create a potential conflict of interest.
But Trump took a different approach. He and his family have expanded into new business ventures that “benefit from the actions Trump has taken since returning to the White House.”
However, the Trump Organization told Bloomberg that the president’s holdings are independently managed by third-party financial institutions that have control over all investment decisions, with trades executed through automated processes.
“Trump, his family members and his company have no role in conducting the transactions.”
On a similar note, senior deputy press secretary Anna Kelly said in a statement to AFP: “Neither the president nor his family have ever engaged – and will never engage – in a conflict of interest.”
“All actions taken by President Trump and his administration are in the best interest of the American people — and all the so-called ‘reporters’ who are pushing otherwise are recycling the same, tired, fake narrative that Democrats and the legacy media have been pushing for a decade,” Kelly added.
