Trump Financial Disclosure Shows Crypto Income, Stock Holdings and Licensing Revenue
President Donald Trump’s annual financial disclosure report for 2025 was released Tuesday by the U.S. Office of Government Ethics, providing a detailed view of his income, assets, liabilities and gifts during the first year of his second non-consecutive term.
The 927-page filing shows substantial income from cryptocurrency-related ventures. Trump reported about $515 million from the sale of tokens issued by World Liberty Financial, a Trump-linked crypto company co-founded by members of his family, as well as $65 million from sales of equity in the company’s holding entity. He also reported $635 million in royalties from “Celebration Coins,” though the filing did not clarify what those coins are.
Trump’s golf and club properties remained significant revenue sources. The disclosure lists more than $290 million in income tied to Mar-a-Lago, Trump National Doral, his Bedminster club, Jupiter Golf Club and Trump National Washington, D.C.
The filing also details major stock purchases, including August 2025 transactions involving Apple, Microsoft and Nvidia, each valued between $5 million and $25 million. Federal ethics disclosures list asset values in ranges rather than exact figures. Other reported investments included Amazon shares and gold bars valued between $500,000 and $1 million.
Trump reported more than $86 million in legal settlements from media and technology companies, including ABC, CBS, Meta, YouTube and X. The disclosure also listed royalty and licensing income from Trump-branded watches, sneakers, fragrances, books, a Bible project and other products. Some income from watches and sneakers was described as inadvertently omitted from earlier filings.
The report included liabilities related to civil judgments involving writer E. Jean Carroll, whose allegations Trump denies.
First lady Melania Trump’s income was also disclosed, including $10.7 million from a documentary licensing agreement and more than $6 million from NFTs and collectibles.
Vice President JD Vance’s separate 17-page disclosure listed book income, investment-related earnings and bitcoin holdings.