President Donald Trump made over $10 million in the final 12 months selling watches, sneakers, bibles and guitars, but his stake in a cryptocurrency platform was the most profitable of all.
Trump’s financial disclosure report, launched Friday by the Workplace of Authorities Ethics, lays naked the huge wealth of the president and his family.
The president has made $57,355,532 from his stake in World Liberty Financial, the cryptocurrency platform. His $TRUMP meme coin was not half of the disclosure report as a result of it solely launched in January, but is estimated to have earned $320 million in charges.
The president has additionally made tens of millions in license charges, the 234-lengthy disclosure report exhibits. By comparability, former President Joe Biden’s 2024 submitting was 11 pages.
Trump’s Mar-a-Lago property and members-solely membership in Palm Seaside introduced in additional than $50 million, based on the submitting, which seems to cowl the 2024 calendar 12 months.
Different gadgets raking it in for Trump embrace “Trump Watches,” that made $2.8 million, “Save America” espresso desk books that introduced in $3 million, and Trump sneakers and fragrances which made $2.5 million.
Gross sales of the Greenwood Bible made $1,306,035 and “45” guitars made $1,055,100.
Trump launched the “restricted version” American Eagle-branded electrical and acoustic guitars in November final 12 months, retailing from $1,500 to as a lot as $10,500. And earlier in 2024, Trump additionally unveiled his “Never Surrender” high-top shoes for $399.
The president has never shied away from pushing his merchandise on supporters, despite critics accusing him of shameless grift.
His cryptocurrency venture has come under the spotlight recently. According to a Financial Times report last month, Trump’s media company is planning to raise $3 billion to spend on Bitcoin and other cryptocurrencies.
Trump Media & Technology Group, which owns the Truth Social app, aims to raise $2 billion in fresh equity and $1 billion in a convertible bond, according to the report.
The move is the latest potential conflict of interest that has seen Trump pursue policies inside the White House that may financially benefit him and his family outside of it.
Last month the president also hosted 200 of the largest investors in the $TRUMP memecoin at a personal banquet at his Virginia golf club — a move that one special interest watchdog called “nakedly corrupt.”
