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Trump discloses over $600 million income in 2024, including $57 million from cryptocurrency

Trump discloses over $600 million income in 2024, including $57 million from cryptocurrency

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by Giorgi Kostiuk

18 hours ago


A recent financial disclosure covering the 2024 calendar year shows that former President Donald Trump earned over $600 million. His earnings came from a broad range of ventures including golf courses, real estate, licensing deals, digital collectibles, and cryptocurrency investments.

Crypto earned him $57 million

One of the biggest surprises in Trump’s disclosure was his massive gain from cryptocurrency. He earned around $57.35 million through his crypto-focused firm, World Liberty Financial. Co-founded with his sons, the company launched its own tokens, from which Trump not only profited significantly but also retained control via 15.75 billion governance tokens.

Diverse sources of income

Trump’s golf empire continues to be a financial powerhouse. U.S.-based resorts, including Trump National Doral and his Florida properties, brought in over $217 million. The Doral property alone accounted for $110 million of that total. Trump also raked in more than $36 million from international licensing agreements, with partnerships in countries like Vietnam, India, and the UAE. Additionally, over $26 million came from Trump-branded products such as sneakers, watches, Bibles, and digital collectibles like NFTs. On the asset side, Trump disclosed holdings worth at least $1.6 billion. This includes income from securities, bonds, and various trusts.

Implications and context

Despite placing his businesses in a trust managed by his children, Trump’s direct financial benefit continues, raising questions about conflicts of interest. These concerns become particularly relevant as he gears up for another potential presidential term. Moreover, Trump’s deeper involvement in cryptocurrency—through meme coins, DeFi platforms, and investment funds—signals a broader strategic move to tap into the digital asset space. His pro-crypto stance may influence investor confidence and future regulatory developments.

Donald Trump's financial disclosure for 2024 is a significant document that may impact perceptions of his business successes and political career.

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