14 June 2025 , 12:51
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Donald Trump claimed he had transferred his businesses into a trust managed by his children, but data shows that income from these sources continues to flow to the U.S. president.
U.S. President Donald Trump has released a financial disclosure indicating he earned over $600 million from cryptocurrencies, golf clubs, licensing, and other ventures.
This was reported by Reuters on Saturday, June 14.
The financial disclosure, signed on June 13, did not specify the exact period it covers. However, certain details in the document suggest it extends through the end of December 2024 and excludes a significant portion of the profits generated by the Trump family’s cryptocurrency ventures.
Overall, journalists estimate that Trump declared assets worth at least $1.6 billion. Although he claimed to have transferred his businesses into a trust managed by his children, the published data shows that income from these sources continues to flow to the president, raising allegations of a conflict of interest.
Some of Trump’s businesses—particularly in areas like cryptocurrency—have benefited from changes in U.S. policy under his leadership and have come under criticism, Reuters notes.
One memecoin launched by the president earlier this year, $TRUMP, generated around $320 million in commissions, although it remains publicly unclear how that sum was distributed between Trump-controlled entities and their partners.
Politics Editor