White House · Donald Trump · Federal Reserve (FED) · The Guardian Technology
Alarm bells over conflict of interest as filing indicates Trump raked in $2bn in 2025
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Donald Trump has raked in more than $1bn from his crypto businesses since returning to the White House, according to financial disclosures, ringing alarm bells over a conflict of interest.
Key facts
- A property in the United Arab Emirates took in $10.4m; one in Saudi Arabia being built by a real estate developer close to the ruling family sent the president’s company $9m; and one in Bucharest
- According to a 927-page document released on Tuesday by the US Office of Government Ethics, in all Trump made more than $2.2bn last year, benefiting from a vast global network of businesses
- Donald Trump has raked in more than $1bn from his crypto businesses since returning to the White House, according to financial disclosures, ringing alarm bells over a conflict of interest
- Trump got more than $500m from his World Liberty Financial business selling new crypto products, including “governance tokens”, according to the required annual disclosure report
Summary
According to a 927-page document released on Tuesday by the US Office of Government Ethics, in all Trump made more than $2.2bn last year, benefiting from a vast global network of businesses and investments. That figure includes all the president’s revenue, from sources ranging from real estate and golf courses to royalty deals and Trump-branded products such as cologne. While many of the president’s crypto ventures were startups when he took the oath of office, their revenue has now eclipsed much of his vast property portfolio. In his second term, the president and his family have invested heavily in digital money and crypto businesses, with Trump announcing at the start of last year that he wanted the US to be the “crypto capital of the world”.