The U.S. Government Ethics Office released President Trump's financial documents on Friday, revealing that World Liberty Financial, a cryptocurrency company founded by Trump and his son last year, earned $57.7 million from token sales. Trump's current net worth is approximately $4.8 billion, with real estate and resorts remaining his largest income sources.
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ToggleWLFI Token Sales Earn Over $50 Million
The Trump family's cryptocurrency company, World Liberty Financial, went online in September last year. In the months before the U.S. election, Trump gradually linked himself to the cryptocurrency industry, including promising to relax cryptocurrency regulations.
According to the company's website, Trump and his three sons Donald Trump Jr., Eric Trump, and Barron Trump are all founders of the company. They earned approximately $57.7 million through token sales and hold 1.575 billion WLFI governance tokens.
Real Estate and Resorts Remain Largest Income Sources
Trump, who started in real estate, still derives his largest income from resorts. Trump Endeavor 12 LLC, based in Miami and owning golf courses and resorts, generated $110 million in income last year, while Mar-a-Lago also created over $50 million in resort-related income.
Trump's Net Worth Approximately $4.8 Billion
According to the Bloomberg Billionaires Index, Trump's net worth is estimated at $4.8 billion. He owns 22 assets valued at over $50 million, including Mar-a-Lago, the golf resort in Turnberry, Scotland, and his stakes in World Liberty Financial and Trump Media & Technology Group Corp.
Trump Family Still Has Multiple Crypto Incomes
Fight Fight Fight LLC, led by Trump's long-time business partner Bill Zanker, hosted a dinner in May for the top 220 $TRUMP token holders, which Trump also attended. After the event was announced in April, the token's price surged by 56%, a transaction not reflected in the documents.
(Trump's "TRUMP Meme Coin Dinner" Exposed: Top Token Holders Mostly Foreign, Raising Suspicions)
Another company, CIC Digital LLC, conducts business by licensing Trump's portrait and brand name, repeatedly launching Trump-related Non-Fungible Tokens, including Trump-branded shoes, watches, and commemorative coins. Its 2024 income was $1.1 million. It also owns a wallet containing at least $1 million worth of ETH.
CIC Digital LLC and Fight Fight Fight LLC jointly hold 80% of the $TRUMP meme coin supply, with a current total market value of approximately $2 billion.
Risk Warning
Cryptocurrency investment carries high risk, with potentially significant price volatility, and you may lose all your principal. Please carefully assess the risks.
