Trump earns under $201 from Truth Social, up to $1 million from NFTs

Former President Donald Trump's personal financial disclosure form, filed on Friday, revealed that his social media platform, Truth Social, generated earnings of less than $201. However, his non-fungible token (NFT) trading cards, depicting him in various heroic guises, proved to be surprisingly lucrative, earning him between $100,000 and $1 million. The cards, originally priced at $99 each, sold out within hours, bringing in over $1 million. Trump's business empire is valued at roughly $1.2 billion, according to Bloomberg.

The disclosure form only requires Trump to report information in broad ranges, and he had secured two 45-day extensions before filing. The former president also revealed that he made more than $5 million in speaking fees and between $100,000 and $1 million for his 1987 memoir, "The Art of the Deal."

While the filing provides insight into how Trump's business ventures have fared since he left office, it remains to be seen whether Truth Social will gain traction and generate significant revenue. Trump owns 90% of the company, which is valued at between $5 million and $25 million.

Trump did not view his NFT trading cards as an investment but rather did it because he liked the art and thought the cards were "sorta cute." The disclosure form shows that Trump's business ventures remain a significant part of his financial portfolio.


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