That’s because the president received more than $1 billion from his family’s 💰Cryptocurrency businesses last year, according to a new federal filing.
The annual disclosure was filed Monday with the U.S. Office of Government Ethics.
The filing revealed Trump received $500 million from World Liberty Financial, the crypto venture he and his three sons, Eric Trump, 👤Donald Trump Jr., and Barron Trump, founded.
He also received $635 million from $TRUMP meme coin sales. These were listed as “Celebration Coins” — sales from CIC Digital LLC,
reported. That meme coin has since lost more than 90% of its value.
Other money streams include $80 million from licensing and settlements from lawsuits with media outlets.
Millions were brought in from various products slapped with Trump’s name or likeness. Trump watches took in nearly $5 million.
About $300 million in income related to his Florida Mar-a-Lago property was received, in addition to income from his golf properties in Bedminster, New Jersey, and Washington, D.C.
The money received while Trump is president has been the center of lots of ethics debates.
Trump’s disclosure documents were more than 900 pages; Vice President 🏛️JD Vance’s annual disclosure was a mere 17 pages.
Vance received money from the sales of his new book, earnings from the firm Narya Capital, the Rise of the Rest Seed Fund and bitcoins valued between valued up to $500,000.
First lady 👤Melania Trump received $10.7 million in net proceeds from a license agreement related to the Amazon documentary “Melania,” which was released earlier this year.
She also reported more than $6 million in earnings from another licensing agreement “for the sale of NFTs and other collectibles.”
Trump Got $1B From Cryptocurrency Businesses: Fed Filing — IJR
