Donald Trump pocketed more than $1.4bn (£1.05bn) from cryptocurrency ventures in his first year back in the White House, a sprawling financial disclosure has revealed — a figure that far outstrips his earnings from real estate, golf resorts and branded merchandise.
The 927-page report, released by the US Office of Government Ethics on Tuesday, shows that the US president’s total income last year was at least $2.2bn, dramatically higher than the $600m he declared in 2024. But the bulk of the new fortune came from two crypto-related entities: Celebration Coins, thought to be behind the $TRUMP meme coin which has slumped since its launch days before his inauguration, paid $635m in royalties; and World Liberty Financial, a cryptocurrency firm founded by Trump’s sons and the children of his special envoy Steve Witkoff, generated more than $500m in income.
“Trump earned $1.4bn from crypto in 2025, dwarfing other income, disclosures show.”
The disclosures prompted immediate condemnation from Democratic politicians. Senator Elizabeth Warren, the top Democrat on the Senate banking committee, said the figures showed “brazen crypto corruption” and demanded that any new crypto legislation prevent the president, senior officials and their families from profiting from the industry. “If it does not, it will only turbocharge Donald Trump’s brazen crypto corruption,” she said.
Juliana Stratton, the Illinois lieutenant governor and Democratic Senate candidate, wrote on social media that Trump’s “infinite greed is disgusting”, adding: “Donald Trump uses the office of the president to make billions while American families struggle to afford their basic needs.” California governor Gavin Newsom noted that many investors had lost out: “He got richer. His crypto supporters got rug-pulled.”
The White House pushed back forcefully. Deputy press secretary Anna Kelly said the president had proudly made the US “the crypto capital of the world”. “Neither the President nor his family has ever engaged - or will ever engage - in conflicts of interest,” she said in a statement.
Trump himself, when asked about the windfall on Wednesday, said: “You know why I’m profiting, because the stock market’s going up, everybody’s profiting.” He added that he does not get involved in his personal finances, saying: “We have funds that run my money. I’ve made a lot of money before I became president, and they invest my money, and I don’t talk to them.”
The financial bonanza marks a stunning reversal for a president who once called Bitcoin a “scam” in 2021 and a “disaster waiting to happen”. During his 2024 campaign, however, he vowed to make the US the “crypto capital of the planet”, and one of his first actions after returning to the White House was an executive order to “support the responsible growth” of the crypto industry.