Trump Reports Over $600 Million in Diverse Income Sources

WASHINGTON, June 14 (Reuters) – President Donald Trump reported more than $600 million in income from various ventures, including cryptocurrency, golf clubs, and licensing fees, according to a public financial disclosure released on Friday. This report, which appears to cover the 2024 calendar year, reveals a significant increase in his wealth due to his business activities.

The annual disclosure form shows that Trump’s assets total at least $1.6 billion, according to calculations by Reuters. Despite Trump stating that his businesses are managed by a trust run by his children, the income generated from these businesses ultimately benefits him, leading to concerns regarding potential conflicts of interest.

“President Trump, Vice President Vance, and senior White House staff have completed required ethics briefings and financial reporting obligations,” stated White House Press Secretary Karoline Leavitt in an email. She emphasized that the administration is committed to transparency for the American public.

The financial disclosure, signed on June 13, lacks a specific coverage period. However, the details within suggest it encapsulates the period through December 2024 and excludes many recent earnings from his family’s cryptocurrency ventures.

A notable aspect of Trump’s income comes from the newly launched $TRUMP meme coin, which has reportedly generated approximately $320 million in fees, although it is unclear how these earnings are divided between Trump-operated entities and their partners. Additionally, the Trump family’s World Liberty Financial, a decentralized finance company, has earned over $400 million.

Trump’s golf clubs, including his resorts in Florida – Jupiter, Doral, and West Palm Beach – collectively generated at least $217.7 million in income. Notably, Trump National Doral was the family’s highest single income source at $110.4 million.

International business endeavors are also highlighted in the report, such as $5 million earned from a development in Vietnam, $10 million from a project in India, and nearly $16 million in licensing fees from a Dubai project. Trump also reported various royalties, with $1.3 million coming from the Greenwood Bible and additional earnings from Trump Watches and Trump Sneakers.

First Lady Melania Trump contributed to the income as well, reportedly earning around $216,700 from licensing fees associated with her own NFT collection. The disclosure underlines the extensive reach of Trump’s business interests, from cryptocurrency to real estate, showcasing the complexities of his financial landscape as he continues his presidential term.