In a recent public financial disclosure filed late Friday, President Donald Trump revealed over $600 million in income and $1.6 billion in assets. This extensive 234-page disclosure document, made public alongside other White House officials' disclosures, offers a detailed glimpse into Trump's financial landscape as he embarks on his 2024 presidential campaign.
The financial disclosure showcases Trump's diverse income sources, including his holdings in cryptocurrency, revenues from his extensive property portfolio, and profitable licensing agreements with foreign developers. Notably, one of his most significant income streams arose from his investment in the cryptocurrency platform World Liberty Financial, where he reported an impressive $57.3 million earned from token sales. According to the filing, Trump possesses 15.75 billion governance tokens in WLF.
In addition to Trump, Vice President JD Vance also filed a financial disclosure that highlighted his own cryptocurrency holdings, including at least $1 million in ethereum and $250,000 in bitcoin. While details about Trump's profits from his recently launched meme coin were not included in this report, the disclosure does indicate a significant engagement with the cryptocurrency market.
Trump's financial report revealed that he earned hundreds of millions of dollars from his golf and hotel properties. His flagship property, Trump National Doral, generated over $110 million in income, while his prestigious Mar-a-Lago estate brought in over $50 million. However, Trump's legal challenges loom large, as he reported owing over $50 million to both E. Jean Carroll, who sued him, and the New York attorney general due to a civil fraud case.
In total, Trump faces nearly $90 million in court-ordered payments across two judgments, in addition to $350 million plus interest from the civil fraud suit. Despite these financial burdens, Trump noted in his disclosure that any payments are currently “pending appeal.”
Trump's disclosure also highlights his income from various endorsement deals and royalties. He reported earning $1.3 million from royalties related to a Bible he endorsed, alongside $2.8 million from Trump-branded watches, $2.5 million from sneakers and fragrances, and $3 million from his book, Save America.
Additionally, the disclosure sheds light on some of the Trump family's international business dealings. Trump reported earning $5 million in income from a licensing agreement for a project in Vietnam. He also disclosed $5.2 million in licensing fees and $1 million in management fees from a partnership with Trump International Golf Club in Dubai.
In a notable mention, Melania Trump disclosed earning over $700,000 for two speeches delivered to the gay conservative group, Log Cabin Republicans. She also reported approximately $216,000 in licensing fees for her NFTs (non-fungible tokens), which are digital assets secured on the blockchain. Not to be outdone, Trump himself reported $1.2 million in income related to NFTs.
This financial disclosure not only provides transparency regarding Trump's financial situation but also underscores the complex interplay between his business interests and ongoing political aspirations as he aims for a second term in the presidency.
