Trump Earns $58 Million From Crypto Ventures In 2024

U.S. President Donald Trump earned over $58 million from crypto ventures in 2024, according to his mandatory 2025 financial disclosure report filed on Friday. The report detailed his earnings from all businesses between January 1 and December 31, 2024, revealing employment-related assets worth a minimum of $1.4 billion and revenue of at least $622 million.

Trump's earnings from crypto ventures before his second term started were significant. His stake in World Liberty Financial (WLF), a decentralized finance (DeFi) platform controlled by Trump and his sons, earned him $57.4 million in 2024. The earnings came from token sales, indicating that Trump must have sold part of his holdings of WLF tokens. Trump holds 15.75 million WLF governance tokens, which give him voting rights.

In addition to his earnings from WLF, Trump earned over $1 million from NFT INT, LLC, which licensed his non-fungible tokens (NFTs). He also earned $100,000 in royalties from NFT INT and over $216,000 in NFT licensing fees from Designers Manager. Eric Trump, the president’s son who runs the Trump Organization, expressed pride in the company's performance, stating that this has been the strongest year in the remarkable history of the Trump Organization.

Trump's crypto fortune is expected to grow significantly this year due to the crypto ventures he launched in the days before and since his inauguration. A June 5 report estimated that Trump has earned $1 billion from crypto ventures since launching his NFTs in 2022. The President launched the Official Trump (TRUMP) memecoin days prior to taking office for his second term. Two Trump-owned entities control 80% of the token’s supply and share trading fees with partners.

The memecoin has generated around $350 million in fees this year, but the token’s price has remained slumped after it reached a peak two days before Trump’s inauguration. This means that even as the majority of small investors have lost money on the token, Trump and his family have earned millions. If Trump took 90% of the fee earnings he’s supposed to share with his partners, similar to how Trump Media and Technology Group is structured, Trump could be sitting with $315 million.

Moreover, Trump’s financial disclosure does not include the funds raised by WLF in 2025, which will significantly impact his earnings this year. WLF’s first token sale took place in October 2024, when it raised around $300 million. On January 20, the day of Trump’s inauguration, WLF announced its second round of fundraising. The token sales were completed by March, with $250 million raised. According to calculations, Trump earned about $390 million from WLF’s token sales, netting $246 million after taxes. This week, the first USD1, a stablecoin launched by WLF, was also minted after the company airdropped $47 worth of USD1 to early backers last week.