Highlights from Trump’s business and income disclosure
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Highlights from Trump’s business and income disclosure
The annual financial disclosure form shows the billionaire president’s push into crypto added substantially to his wealth. A Reuters calculation shows the president reported assets worth at least $1.6 billion, overall. Trump’s three golf-focused resorts in Florida – Jupiter, Doral and West Palm Beach – and his private members’ club at Mar-a-Lago generated $217.7 million in income. First Lady Melania Trump earned around $216,700 from license fees on her own NFT collection of trading cards in her likeness. The income figures provided are essentially revenue, not net profit after subtracting costs. The report shows bulk of his investments are in fixed income, with amounts up to $5 million each in corporate, municipal and U.S. government debt.
SINGAPORE/NEW YORK, June 14 (Reuters) – Donald Trump reported more than $600 million in income from crypto, golf clubs, licensing and other ventures in a public financial disclosure report released on Friday.
The annual financial disclosure form, which appeared to cover the 2024 calendar year, shows the billionaire president’s push into crypto added substantially to his wealth.
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He also reported large fees from developments and revenue from his other businesses. A Reuters calculation shows the president reported assets worth at least $1.6 billion, overall.
SOME HIGHLIGHTS FROM THE REPORT:
INCOME FROM HOTELS AND GOLF:
The income figures provided are essentially revenue, not net profit after subtracting costs.
Total golf, restaurant and hotel-related income in the United States was $378 million plus another $22 million in management fees.
Trump’s three golf-focused resorts in Florida – Jupiter, Doral and West Palm Beach – and his private members’ club at Mar-a-Lago generated at least $217.7 million in income.
Trump National Doral, the expansive Miami-area golf hub known for its Blue Monster course, was the family’s single largest income source at $110.4 million.
Income from golf and hotels in Ireland and Scotland was 19 million euros plus 28.7 million pounds sterling ($38.9 million).
CRYPTO:
Trump listed $1.16 million in income from his NFTs – digital trading cards in his likeness – while First Lady Melania Trump earned around $216,700 from license fees on her own NFT collection.
ROYALTIES:
Royalty money from a variety of deals was at least $26 million.
That included $1.3 million from the Greenwood Bible (its website describes it as “the only Bible officially endorsed by Lee Greenwood and President Trump”); $2.8 million from Trump Watches, and $2.5 million from Trump Sneakers and Fragrances.
OVERSEAS LICENSE FEES:
License fees from foreign firms for the use of the Trump name generated upwards of $36 million, including $5 million from a development in Vietnam, $10 million in development fees from a project in India and almost $16 million for a Dubai project.
TRUMP’S INVESTMENTS:
Trump’s four investment accounts showed bulk of his investments are in fixed income, with amounts up to $5 million each in a range of corporate, municipal and U.S. government debt.
Equity investments were smaller, with a maximum of $250,000 in individual company stocks.
Larger investments included more than $50 million in the Schwab Government Money Fund and as much as $25 million each in an Invesco short-term Treasury fund and in alternative investment manager Blue Owl Capital.
(This story has been refiled to correct a typo in paragraph 10)
Reporting by Vidya Ranganathan; Editing by Stephen Coates
Our Standards: The Thomson Reuters Trust Principles. , opens new tab
Source: https://www.reuters.com/world/us/highlights-trumps-business-income-disclosure-2025-06-14/
It’s fascinating to see how diversified Donald Trump’s income streams are, especially with his recent push into crypto. The fact that he reported over $600 million in income from various ventures, including golf clubs and licensing, is quite impressive. However, I’m curious about the actual net profit after costs—revenue figures can be misleading without knowing the expenses. The NFT collection by Melania Trump is an interesting addition; it shows how even non-traditional assets are being leveraged. Do you think this level of wealth disclosure impacts public perception of political figures? Also, how sustainable are these income sources in the long term? I’d love to hear your thoughts on whether such financial activities could influence policy decisions.
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