{"id":772241,"date":"2026-07-01T01:03:09","date_gmt":"2026-07-01T01:03:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/772241\/"},"modified":"2026-07-01T01:03:09","modified_gmt":"2026-07-01T01:03:09","slug":"trump-made-more-than-a-billion-dollars-from-cryptocurrency-ventures-in-first-year-back-in-office","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/772241\/","title":{"rendered":"Trump made more than a billion dollars from cryptocurrency ventures in first year back in office"},"content":{"rendered":"<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr173smo000x27nkdfmy09hy@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            President Donald Trump collected billions of dollars through an array of cryptocurrency holdings, royalty payments and property investments last year, according to his latest annual financial disclosure released on Tuesday.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr18rnxf00053b6rgs1qdsw2@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The 2025 report, which totals 927 pages, provides the most extensive look so far at the growing fortune that the president has amassed since returning to office, including through his stakes in companies co-founded by family members.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr18rnxg00063b6rnut8zkpg@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Trump netted more than $526 million from sales of cryptocurrency tokens tied to World Liberty Financial LLC \u2014 a firm managed in part by his sons, Eric and Donald Trump Jr. The president holds several other cryptocurrency investments totaling millions of dollars, according to the disclosures.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr18rnxg00073b6rdeb3j1j3@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            That windfall came on top of income that Trump has continued to generate from properties, including his Mar-a-Lago club, which generated $77 million alone in \u201cresort related revenue\u201d \u2013 up from about $50 million reported in <a href=\"https:\/\/www.whitehouse.gov\/wp-content\/uploads\/2025\/06\/President-Donald-J.-Trump.pdf\" target=\"_blank\" rel=\"nofollow noopener\">last year\u2019s disclosure<\/a>.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr18rnxg00083b6rz8yt3ut8@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The president has also continued to lend his name to a wide swath of products and ventures, collecting hefty royalties and licensing fees. One agreement with \u201cCelebration Coins\u201d paid Trump $635 million, according to the disclosure.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr18rnxg00093b6rh4dev58d@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Other, more modest, profit generators included $4.7 million in royalties for \u201cTrump Watches,\u201d $208,000 related to a bible that the president has frequently promoted and $67,634 for \u201cTrump Sneakers &amp; Fragrances.\u201d\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr18rnxg000a3b6rhbp4kxbx@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The scope and scale of Trump\u2019s holdings continued an unprecedented streak of profit-making for a sitting president that has drawn sharp criticism from opponents and repeated accusations of conflicts of interest.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr18rnxg000b3b6rts8ac727@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The White House has denied that the president is conflicted by his financial interest, emphasizing that he is not actively involved in managing his businesses or investments.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr18rnxg000c3b6r7zj3k687@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            But Trump has at times promoted businesses and policies that stand to benefit him and his family members financially, perhaps most notably in his vocal support for the cryptocurrency industry.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr18rnxg000d3b6rxkbonbhd@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The president also reported nearly $440,000 in gifts that he received over his last year in office, as CEOs, foreign leaders and others sought to win his favor. The gifts include $250,000 from a <a href=\"https:\/\/www.cnn.com\/2026\/06\/23\/politics\/live-news\/elections-new-york-maryland-south-carolina-utah#cmqrh14da00003b6rakyr93wy\" rel=\"nofollow noopener\" target=\"_blank\">New York businessman and GOP congressional candidate<\/a> for a statue of Trump raising his fist after the Butler, Pennsylvania, assassination attempt during the 2024 campaign, $50,000 for 10 2025 Super Bowl tickets from the New Orleans Saints owner, $6,750 for 30 tickets to two UFC fights from Dana White, and $15,000 for 10 tickets to the upcoming World Cup final in New Jersey from FIFA President Gianni Infantino.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr18rnxg000e3b6r6m0x5uv4@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Trump\u2019s financial disclosure also includes the various settlements he\u2019s struck with social media companies and news organizations. They include $8 million from Twitter, which is now X, after Elon Musk <a href=\"https:\/\/www.cnn.com\/2025\/02\/12\/business\/x-settlement-musk-trump-jan-6\" rel=\"nofollow noopener\" target=\"_blank\">settled with Trump<\/a> last February; $16 million each from ABC and CBS that was donated to the Donald J. Trump Presidential Library Foundation; $24.5 million from Facebook parent Meta that was also donated to the Trump library; and $22 million from YouTube that was given to the Trust for the National Mall.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr18rnxg000f3b6rx7uvb37m@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The profits disclosed on Tuesday follow Trump\u2019s disclosure last month of thousands of stock trades across the first three months of this year, including purchasing shares in companies that had been actively lobbying the administration over key decisions. Trump\u2019s company, the Trump Organization, said at the time that he had no ability to direct any of his trades.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr1aa2q300043b6r2swex3g5@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            In a separate disclosure, Vice President JD Vance reported earning between $1 million and $5 million in royalties from his memoir \u201cHillbilly Elegy,\u201d as well as thousands more in advance payments for the \u201cforeign publishing\u201d of the book.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmr1ade7x00003b6rdzv4hset@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            This story has been updated with additional details.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"President Donald Trump collected billions of dollars through an array of cryptocurrency holdings, royalty payments and property investments&hellip;\n","protected":false},"author":2,"featured_media":772242,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48],"class_list":["post-772241","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/772241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=772241"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/772241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/772242"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=772241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=772241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=772241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}