Trump's $600 Million Income Revealed: Crypto. Golf. and Controversies Exposed!

Donald Trump reported over $600 million in income from various ventures, including cryptocurrency, golf clubs, and licensing deals, in a financial disclosure released on Friday. The annual report, which is seen as covering the 2024 calendar year, highlights the extent of Trump's business holdings, with assets valued at a minimum of $1.6 billion according to a Reuters calculation. While Trump claims to have placed his businesses into a trust managed by his children, the financial disclosures reveal that income from these sources continues to benefit him directly, raising concerns about potential conflicts of interest. Notably, some of his crypto ventures have profited from U.S. policy changes during his presidency. White House press secretary Karoline Leavitt emphasized the administration’s commitment to transparency, stating that Trump and senior staff have fulfilled their ethical obligations. The disclosure signed on June 13 suggests it covers activity through the end of December 2024, a period marked by Trump’s initial foray into cryptocurrency alongside his established real estate and golf enterprises. Among his crypto endeavors, Trump's meme coin, $TRUMP, is estimated to have generated $320 million, while the Trump family has earned over $400 million from World Liberty Financial, a decentralized finance company. Trump reported $57.35 million from token sales with World Liberty and holds 15.75 billion governance tokens in the venture. Trump's wealth is also linked to his stake in Trump Media & Technology Group, which owns the social media platform Truth Social. Beyond business revenues, he reported at least $12 million in income from passive investments totaling at least $211 million, primarily in alternative fund manager Blue Owl Capital Corp and government bond funds. The disclosure outlines income from Trump's Florida properties, with his three golf resorts generating approximately $217.7 million, and the Trump National Doral being the largest source at $110.4 million. Additionally, Trump reported $5 million in licensing fees from a development in Vietnam, $10 million from a project in India, and nearly $16 million from a Dubai venture. The report also lists royalty income, including $1.3 million from the Greenwood Bible, $2.8 million from Trump Watches, and $2.5 million from Trump Sneakers and Fragrances, as well as $1.16 million from his NFTs, alongside $216,700 earned by Melania Trump from her own NFT collection.