AI Generated Image
Trump filing shows he took in about $1.2 billion from crypto businesses last year
AP News • • general
Key Points:
- President Donald Trump earned nearly $1.2 billion last year from his crypto businesses, surpassing revenue from his longstanding property portfolio.
- His World Liberty Financial business generated over $500 million from selling crypto products like “governance tokens,” while CIC Digital LLC made more than $600 million from “meme” coins featuring Trump’s image.
- The value of these crypto tokens and coins has since significantly declined, impacting investors who faced losses despite Trump's profits.
- Trump also earned millions from selling branded merchandise, including $4.7 million from Trump-branded watches.
- His property ventures expanded globally, with significant earnings from hotel and resort deals in countries such as the UAE, Saudi Arabia, Romania, and Qatar, coinciding with U.S. diplomatic and trade negotiations.
