Trump Financial Disclosure Shows Crypto Overtook Real Estate as Largest Income Source

President Donald Trump reported more than US$1.4 billion in income from cryptocurrency-related ventures in 2025, according to his latest annual financial disclosure, highlighting the growing role of digital assets within his business portfolio.

The nearly 900-page filing with the U.S. Office of Government Ethics shows that cryptocurrency generated substantially more income than Trump’s traditional real estate holdings, marking a notable shift in the composition of his reported earnings. According to The Washington Post, Trump’s crypto-related businesses generated roughly US$1.2 billion last year, while Reuters’ analysis of the filing estimated crypto-related income exceeded US$1.4 billion, reflecting differences in methodology and the categories of income included.

A significant portion of the reported income came from World Liberty Financial, the crypto business co-founded with his sons. Reuters reported that the filing disclosed more than US$800 million in income from the venture, including proceeds from governance token sales and the sale of ownership interests. The disclosure also reported approximately US$635 million in revenue linked to Trump’s branded meme coin business.

Beyond cryptocurrency, the disclosure detailed continued revenue from international licensing agreements, golf resorts, hospitality assets, and branded consumer products. It also listed income associated with foreign real estate projects and proceeds from legal settlements involving media companies. Royalties from Trump-branded merchandise remained a smaller but notable contributor, with Trump Watches generating approximately US$4.7 million during the year.