Insights from Donald Trump’s Initial Financial Filing: Earnings and Ventures Revealed

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US President Donald Trump disclosed earning hundreds of millions from cryptocurrency, golf clubs, and licensing deals. Key earnings include $57.35 million from token sales and over $400 million from World Liberty Financial.

President Donald Trump recently released a public financial report, unveiling that he earned hundreds of millions of dollars from cryptocurrency investments, golf clubs, and licensing deals. The report disclosed that he made $57.35 million from token sales through World Liberty and holds 15.75 billion governance tokens in the venture.

An estimated $320 million in fees were generated from a meme coin released earlier this year by the president, though the exact distribution of this amount remains unclear.

Aside from the meme coin earnings, the Trump family also earned over $400 million from World Liberty Financial, a decentralized finance firm established in 2024 by Zach Witkoff, son of Steve Witkoff, the president’s envoy for Ukraine-Russia peace talks and Iran negotiations. Trump's three sons, Donald Jr., Eric, and Barron, are co-founders of this venture as well.

Trump reported $1.16 million in income from his NFTs, digital trading cards featuring his image, while First Lady Melania Trump earned approximately $216,700 in licensing fees from her NFT collection.

Other Financial Disclosures:

  • Trump's Florida properties, including three golf resorts in Jupiter, Doral, and West Palm Beach, along with the Mar-a-Lago private club, brought in at least $217.7 million.
  • $5 million in licensing fees from a development project in Vietnam.
  • Earnings from various ventures, such as $1.3 million from the Greenwood Bible, $2.8 million from Trump Watches, and $2.5 million from Trump Sneakers and Fragrances.

The White House confirmed that Trump's assets are managed by his children during his second term, ensuring no conflicts of interest arise from his business dealings.

The liabilities section of the disclosure indicates that Trump still owes over $100 million in mortgage loans for properties like Trump Tower in Manhattan and Trump National Doral Golf Club in Miami. It also includes the $88 million in damages awarded to E. Jean Carroll and the $454 million civil fraud judgment secured by New York Attorney General Letitia James, with all judgments currently under appeal.

The financial disclosure form, signed on June 13, appears to cover the 2024 calendar year, showcasing how Trump's involvement in cryptocurrency significantly impacted his wealth, along with substantial fees from property developments and other business earnings.



Source: Mint
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