US President Donald Trump has disclosed a significant income of $57.4 million from his involvement with World Liberty Financial, a cryptocurrency venture backed by him and his sons, Donald Jr. and Eric. This substantial windfall is detailed in Trump's 2025 public financial disclosure filed with the US Office of Government Ethics on June 13.
What is World Liberty Financial?
World Liberty Financial is a cryptocurrency project focusing on DeFi (Decentralized Finance) and dollar-pegged stablecoins, aiming to challenge the traditional financial system. Launched in September 2024, the project has raised approximately $550 million through two public token sales:
First Token Sale: $200 million
Second Token Sale: $250 million
Notable investors include Tron founder Justin Sun, who invested $30 million in November 2024, and Web3Port, which invested $10 million in January.
Trump's Stake in World Liberty Financial
Trump holds 15.75 billion governance tokens in World Liberty Financial, granting him significant voting rights. Although the document doesn't specify the precise structure or market value of these tokens, the substantial income suggests that Trump has either monetized some portion of his position or valued the tokens at a high internal rate for disclosure purposes.
Concerns and Controversies
The Trump family's stake in World Liberty Financial has raised concerns about potential conflicts of interest and the project's centralized structure. Critics argue that the governance tokens, which cannot be traded, disproportionately favor insiders, and the project's structure keeps public investors from having real financial involvement. The Trump family is set to receive around $400 million in fees, with World Liberty retaining only 5% of the $550 million raised for platform development.
Additional Income Sources for Trump
Trump's financial disclosure also reveals income from other sources, including:
Book Royalties: $3 million for his "Save America" coffee table book
Branded Merchandise: $2.5 million from Trump Sneakers and Fragrances, $2.8 million from Trump-branded watches
Digital Collectibles: $1,057,490 from Trump digital trading cards
Speaking Fees: Over $700,000
Golf Courses: $29.1 million from his West Palm Beach golf course and $110.4 million from his Miami golf course
#Trump's financial disclosure