{"id":485234,"date":"2025-06-15T00:41:46","date_gmt":"2025-06-14T23:41:46","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=485234"},"modified":"2026-05-20T00:08:45","modified_gmt":"2026-05-19T23:08:45","slug":"trump-earned-over-58-million-from-crypto-ventures-in-2024","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/trump-earned-over-58-million-from-crypto-ventures-in-2024\/","title":{"rendered":"Trump earned over $58 million from crypto ventures in 2024"},"content":{"rendered":"

U.S. President Donald Trump<\/a>, who ventured into crypto during his presidential campaign last year, earned over $58 million from crypto ventures in 2024.<\/p>\n

Trump\u2019s mandatory 2025 financial disclosure report<\/a> filed on Friday detailed his earnings from all businesses between Jan. 1 and Dec. 31, 2024. In the filing, Trump reported employment-related assets worth a minimum of $1.4 billion and revenue of at least $622 million, according<\/a> to the New York Times.<\/p>\n

Trump\u2019s earnings from crypto before his second term started<\/h2>\n

According to Trump\u2019s mandatory 2025 financial disclosure report<\/a> filed on Friday, his stake in World Liberty Financial<\/a> (WLF) alone earned him $57.4 million in 2024. The filing indicates that the earnings came from token sales, meaning Trump must have sold part of his holdings of WLF tokens.<\/p>\n

The investment in WLF, a decentralized finance (DeFi) platform controlled by Trump and his sons, therefore, turned out to be the family\u2019s most lucrative investment in 2024. The filing also shows that Trump holds 15.75 million WLF governance tokens, which give him voting rights.<\/p>\n

Trump also earned over $1 million from NFT INT, LLC, which licensed his non-fungible tokens (NFTs). Additionally, he earned $100,000 in royalties from NFT INT and over $216,000 in NFT licensing fees from Designers Manager, according to the financial disclosure.<\/p>\n

In a statement on Friday, Eric Trump, the president\u2019s son who runs the Trump Organization, said:<\/p>\n

\u201cI have never been more proud of our company \u2014 our portfolio is operating flawlessly, and this has been the strongest year in the remarkable history of the Trump Organization.\u201d<\/p><\/blockquote>\n

Trump\u2019s crypto fortune is slated to grow<\/h2>\n

Trump\u2019s earnings from crypto are expected to be significantly greater this year in light of the crypto ventures he launched in the days before and since his inauguration. A June 5 Forbes report<\/a> estimated that Trump has earned $1 billion from crypto ventures since launching his NFTs in 2022.<\/p>\n

The President launched the Official Trump (TRUMP<\/a>) memecoin days prior to taking office for his second term. Two Trump-owned entities control 80% of the token\u2019s supply and share trading fees with partners.<\/p>\n

The memecoin has generated around $350 million in fees this year, according to crypto analytics firm Chainalysis, but the token\u2019s price has remained slumped<\/a> after it reached a peak<\/a> two days before Trump\u2019s inauguration.<\/p>\n

This means that even as the majority of small investors have lost money on the token, Trump and his family have earned millions. According to Forbes, if Trump took 90% of the fee earnings he\u2019s supposed to share with his partners, similar to how Trump Media and Technology Group is structured, Trump could be sitting with $315 million.<\/p>\n

Moreover, Trump\u2019s financial disclosure does not include the funds raised by WLF in 2025, which will significantly impact his earnings this year. WLF\u2019s first token sale took place in October 2024, when it raised around $300 million. On Jan. 20, the day of Trump\u2019s inauguration, WLF announced its second round of fundraising. The token sales were completed by March, with $250 million raised.<\/p>\n

According to Forbes\u2019 calculations, Trump earned about $390 million from WLF\u2019s token sales, netting $246 million after taxes. This week, the first USD1<\/a>, a stablecoin launched by WLF<\/a>, was also minted<\/a> after the company airdropped<\/a> $47 worth of USD1 to early backers last week.<\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. President Donald Trump, who ventured into crypto during his presidential campaign last year, earned over $58 million from crypto ventures in 2024. Trump\u2019s mandatory 2025 financial disclosure report filed on Friday detailed his earnings from all businesses between Jan. 1 and Dec. 31, 2024. 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