Nearly 1,000 pages of official documents released by the US Office of Government Ethics have laid bare the financial empire of Donald Trump during his first year back in the White House – and the numbers are extraordinary.
The 927-page disclosure dwarfs the 17-page report filed by Vice-President JD Vance and the 11 pages submitted by Joe Biden for his final year in office. Among the sea of figures, one number towers above the rest: more than $1bn (£750m) from cryptocurrency dealings alone.
“Trump's 2025 financial disclosure reveals over $1bn from crypto, plus millions from Bibles, perfume, and merchandise.”
But the president’s finances also reveal a lucrative sideline in merchandise. Trump earned $1.8m from his coffee-table book, Save America, while a Trump-embossed Bible generated $208,000. His branded trainers and fragrances – including Victory 47 perfume for women, retailing at $249 a bottle – brought in $67,000. Even musicians contributed: the “American Eagle” limited-edition guitar added around $36,000 to Trump’s coffers.
America’s first lady, Melania Trump, also cashed in. Her eponymous Amazon documentary – which cost the tech giant $40m to make and credited her as producer and subject – earned her $10.7m. The film generated $7m at the box office in 2025. She made a further $6m from the sale of non-fungible tokens and $520,000 from her book, also titled Melania.
Trump’s financial disclosure detailed an eye-watering 21,285 share trades during 2025, spanning a vast array of companies. One notable holding was Nvidia, the chipmaker whose technology is central to the future of artificial intelligence. Nvidia last October became the first publicly-traded firm valued at $5tn, and has been at the centre of a trade and national security tug-of-war between the US and China.
Last summer, Nvidia agreed with the White House to invest billions in manufacturing its chips in the US, sending its share price soaring. Then in August, the Trump administration announced that Nvidia had agreed to pay the government 15% of revenue from selling one of its AI chips to China. Later that month, investors acting on behalf of Trump purchased between $5m and $25m in Nvidia stock.
The documents paint a portrait of a president whose business interests remain vast and varied – from cryptocurrency to cologne, from Bibles to blockbuster films. And with a financial disclosure running to nearly a thousand pages, the full picture of Trump’s 2025 earnings is only just beginning to emerge.