$57.4 Million Windfall From Crypto Sales
US President Donald Trump earned a staggering $57.4 million in 2024 from the sale of cryptocurrency tokens. These earnings were reported in the federal financial disclosures filed by the Office of Government Ethics, offering insight into Trump’s increasingly digital-focused portfolio.
World Liberty Financial Linked to Trump Family
The token sales were associated with World Liberty Financial, a crypto lending and investment platform founded by Trump and his sons. The venture released a Trump-branded memecoin in January 2024, shortly before his second inauguration, with 100 billion tokens issued—22.5 billion of which were allocated to DT Marks Defi, a Trump-affiliated company.
Crypto Ventures Raise Conflict of Interest Questions
Trump’s role in launching a crypto project while preparing to re-enter the White House has sparked ethical debates. Critics argue the timing of the platform’s launch raises serious conflict of interest concerns, especially given his renewed regulatory authority over the financial sector.
Trump’s Shift From Crypto Skeptic to Advocate
Trump, who previously criticized cryptocurrencies as volatile and dangerous, has now fully embraced the sector. His financial disclosure marks a sharp contrast to earlier remarks, suggesting a complete policy and ideological pivot on digital assets since his return to power.
Key Appointments Favor Crypto Expansion
One of the administration’s boldest crypto moves was appointing Paul Atkins, a well-known crypto advocate, as chairman of the SEC. The move signals the president’s intent to ease crypto regulations and support the sector’s institutional adoption.
Strategic Bitcoin Reserve Established
In another groundbreaking policy shift, the White House has created a Strategic Bitcoin Reserve. This federal initiative aims to track and manage Bitcoin seized by law enforcement, potentially using it as a hedge or audit mechanism in national reserves.
JD Vance Supports Pro-Crypto Agenda
Vice President JD Vance echoed the administration’s enthusiasm, calling cryptocurrencies “a champion and an ally” in current financial policy. His public endorsement suggests deep alignment at the highest levels of government on pro-crypto legislation.
Mar-a-Lago and Golf Resorts Deliver Big Earnings
Beyond crypto, Trump’s hospitality empire remains a significant revenue source. His Mar-a-Lago estate alone generated over $50 million, while his golf courses across Florida, including Miami and West Palm Beach, contributed over $139 million in total revenue.
Merchandising and Royalties Add Millions
Trump’s licensing deals continue to thrive internationally. Trump Watches earned him $2.8 million, while sales of Trump-branded sneakers and fragrances added another $2.5 million. These deals, supported by loyal consumer bases, reflect the power of his personal brand.
Screen Actors Guild Pension Still Active
Despite being in office, Trump continues to receive a monthly pension of $6,484 from the Screen Actors Guild. This benefit underscores his long-standing ties to the entertainment industry, stemming from his television career before politics.
