On June 30, 2026, the Office of Government Ethics released Trump's annual financial disclosure for 2025, his first year back in office. It runs 927 pages; President Obama's final disclosure was eight pages and President Biden's was 11, NBC noted. By our count, the exact dollar amounts in the form's income column add up to about $2.16 billion, before revenue reported in pounds and euros; that is the basis for reports that he took in more than $2 billion. The total mixes new income with gross revenue from businesses he already owned, and revenue is not profit. Because many entries are reported only as ranges, NBC added, “it is impossible to state exactly how much Trump earned last year.”
About $1.4 billion came from crypto ventures, the largest source on the form. The biggest single line is $635,068,835 in royalties from a license agreement with “Celebration Coins,” held under CIC Digital LLC, the business that licenses his name for meme coins and NFTs. Through DT Marks Defi LLC, which holds a 38.25 percent stake in World Liberty Financial's parent company, he reported about $527 million in proceeds from World Liberty token sales and $65.6 million from a sale of equity, about $594 million in all; the Senate Banking Committee's ranking Democrat put that entity's 2025 income at “over $590 million.” His 2024 disclosure had shown just over $57 million from World Liberty token sales, Time reported. A separate line reports $196.9 million in proceeds tied to Stablecoin Holdco LLC, which the form calls his “Stablecoin business.”
Most of the rest is revenue from businesses he owned before 2025. Revenue at his golf courses and resorts rose 15 percent to more than $500 million, Time reported; Mar-a-Lago alone reported $77.5 million, up from $50 million in 2024. Licensing fees from foreign property developers come to about $60.8 million by our count of the form's lines (The New Republic said nearly $60 million; Time counted $52 million), from projects in the United Arab Emirates, Saudi Arabia, Qatar, India, Romania, Vietnam, the Philippines, Oman and Turkey; the Trump Organization had not pursued new foreign deals during his first term. The form lists $86.5 million in legal settlements with X, ABC, CBS, Meta and YouTube, but only X's $8 million is not marked as paid elsewhere: the ABC, CBS and Meta proceeds are listed as paid to the Donald J. Trump Presidential Library Foundation, and YouTube's $22 million to the Trust for the National Mall. He also reported $4.7 million in royalties from Trump Watches, and more than $350,000 in gifts, mostly tickets to sporting events.
The filing also records thousands of stock trades. The New Republic counted some 21,000, far more than the roughly 800 his earlier self-reports had shown. NBC noted purchases of the private-prison company GEO Group beginning 10 days after his inauguration, and CNBC noted an Nvidia purchase one week after he announced a deal letting Nvidia sell chips to China (see Trump's Q1 Disclosure Shows 3,700+ Stock Trades, Including Buys in Nvidia, Palantir, and Axon as His Administration Steered Billions in Business Their Way and Trump Bought Up to $5 Million in Axon Stock Two Weeks Before ICE Sought a $220 Million Taser Deal Tailored to the Company).
On July 1, boarding a new Air Force One, Trump said he does not “get involved” in his finances: “I've made a lot of money before I became president, and they invest my money, and I don't talk to them.” He called it “the blind account,” and said he was profiting “because the stock market's going up.” He has not placed his assets in a blind trust as recent predecessors did; they sit in a revocable trust overseen by Donald Trump Jr., which Trump can amend or revoke, Time reported. And the largest items on the form are not stock-market gains but ventures that carry his name. The president and vice president must disclose their finances, Time noted, but “are not subject to the ethics laws that prohibit conflicts of interest among most executive branch employees.” The White House: “Neither the President nor his family has ever engaged—or will ever engage—in conflicts of interest.”
The Trump Organization pointed to the form's length: “At nearly 1,000 pages, it represents one of the most comprehensive financial disclosure reports ever submitted and demonstrates a level of financial transparency unmatched in presidential history.” The filing itself says he paid late filing fees for transactions that had not previously been reported on the required periodic reports, CNBC noted. The historian Douglas Brinkley, of Rice University: “There is no precedent to compare it with. No president in the 20th or 21st century has had something that's vaguely comparable.”
Correction (September 25, 2026): earlier versions of this entry said Trump “made” more than $2 billion. That figure is the sum of the form's exact income amounts and includes gross business revenue, so the title and text now say so. The entry attributed a $1.4 billion figure and a $594 million World Liberty figure to a Bloomberg article we could not read, whose headline gives “at least $1.2 billion”; both figures are now drawn from the filing itself and other coverage. It said his stock trades rose from about 800 the prior year; The New Republic's point was that his earlier self-reports had shown about 800. It dated his remarks to June 30; he spoke on July 1. It cited a value for a $10,000 meme-coin stake that we could not find in any attached source, and that figure has been removed. Correction (September 25, 2026, later): a first recount put the exact amounts at $2.03 billion; it missed amounts written with cents, including the settlements and several foreign licensing fees. The corrected figure is about $2.16 billion.