WASHINGTON (Reuters) - Donald Trump declared over $600 million in earnings derived from cryptocurrencies, golf clubs, licensing, and other ventures in a public financial report released on Friday, which offers a glimpse into the vast business wealth of the President of the United States.
The form, which apparently covers the calendar year 2024, shows that the President's efforts in the cryptocurrency sector have substantially increased his wealth, but he also reported high revenues from ventures and his other businesses. Overall, the President declared at least $1.6 billion in assets, according to Reuters' calculations.
Although Trump claims to have placed his businesses in a trust managed by his children, the documents show how these earnings still end up being attributed to the president -- something that exposes him to accusations of conflicts of interest.
Some of his businesses in areas such as crypto assets, for example, benefit from policy changes adopted under his administration and have become a source of criticism.
"President Trump, Vice President Vance, and senior White House advisors have completed the mandatory ethics training and financial disclosure obligations," said White House Press Secretary Karoline Leavitt in a statement emailed to Reuters. "The Trump administration is committed to transparency and accessibility for the American people."
The report was signed on June 13 and does not indicate the covered period. The details about the assets in cryptocurrencies and other information, however, suggest that it refers to the end of December 2024, which would exclude most of the amounts raised by the family's crypto ventures.
The wealth of the Republican businessman turned politician varies from cryptocurrencies to real estate, including resorts and golf clubs, as well as licensing fees from a venture in Vietnam, the development of a project in India, and another in Dubai.