Trump crypto earnings hit $1.2bn in first year

MAGA or ME FIRST? | Fin disclosure reveals crypto ventures overtook property as key revenue source amid investor losses

New York: US President Donald Trump earned $1.2 billion in revenue from his crypto businesses last year, as per a federal financial disclosure, marking a dramatic shift in the source of his wealth.

The filing showed Trump received over $500 million from World Liberty Financial, which sells crypto products, including governance tokens, and $600 million through CIC Digital LLC from sales of Trump-branded meme coins. Both crypto assets have since lost significant value, leaving investors with steep losses.

The disclosure also listed millions of dollars in revenue from Trump-branded merchandise, including Bibles, sneakers and watches, with watch sales alone generating $4.7 million. The report highlighted continued expansion of Trump's overseas property business. Projects in the UAE, Saudi Arabia, Romania, Qatar and Vietnam generated millions in fees, while his Mar-a-Lago resort in Florida earned $77 million, up about 50% from the previous year.

The White House said Trump’s business interests are held in a trust managed by his sons and maintained there are no conflicts of interest. The filing reports revenue, not profits, and offers only a partial picture of the president’s financial holdings.

Memoir royalties fetch JD $1-5mn 

US Vice President JD Vance earned betw­een $1 million and $5 million in royalties from his bestselling memoir Hillbi­lly Elegy: A Memoir of a Family and Culture in Cri­sis, as per his latest annual financial disclosure. The filing reported income from foreign publishing rights, venture capital inve­stments and Bitcoin holdings worth $2,50,001-$5,00,000. It listed no repo­r­table gifts, travel reimbursements or out­side com­pensation exceeding $5,000.

Melania earns $17.2mn from film, NFTs 

US First Lady Melania Trump earned $17.2 million over the past year, mainly from a documentary film, non-fungible tokens (NFTs), collectibles and her memoir, according to President Trump’s annual financial disclosure. Her biggest income source was $10.7 million from an Amazon deal linked to a documentary on her life, followed by $6 million from NFTs and collectibles. She also disclosed $1 million each in US and Slovenia bank accounts.