Trump's Businesses Pulled In More Than $2 Billion in 2025, Disclosure Shows, Powered by Crypto

President Donald Trump's businesses generated more than $2 billion in income in 2025, his first year back in the White House, according to his latest annual financial disclosure — a figure more than triple what he reported the year before and one that has intensified questions about a sitting president profiting from a sprawling private empire.

The largest gains came from the Trump family's cryptocurrency ventures. The disclosure reported $526 million in token sales tied to World Liberty Financial, the crypto firm run by his sons Eric and Donald Trump Jr., and roughly $635 million from a licensing arrangement connected to his $TRUMP meme coin. Together, the digital-asset businesses accounted for well over half of the reported total, transforming ventures that barely existed two years ago into the family's single biggest source of income.

Pressed on the windfall, Trump sought to distance himself from the day-to-day handling of the money, telling reporters that outside managers "run my money" and casting the ventures as the work of his children. Critics were unpersuaded. Ethics watchdogs and Democratic lawmakers argue the crypto operations create an unprecedented avenue for domestic and foreign interests to funnel money toward the president, given how difficult it is to trace who buys the tokens.

The disclosure landed the same week Trump took his first flight aboard a refurbished Boeing 747-8 that Qatar's government gifted the United States for use as Air Force One. He boarded the aircraft at Joint Base Andrews on July 1 en route to North Dakota for the dedication of the Theodore Roosevelt Presidential Library, and showed off the plane to reporters while sidestepping questions about the cost of retrofitting it. Democrats have seized on the jet as a symbol of what they call the blurring of public office and private gain.

Taken together, the $2 billion in income and the Qatari aircraft have handed the president's opponents a potent line of attack heading into the midterms, and revived a debate that has shadowed Trump since his first term: how to police conflicts of interest for a president whose personal fortune is bound up with businesses that court investors, licensees and foreign governments around the world. The White House has defended the arrangements as legal and fully disclosed. But the sheer size of the crypto haul — and the timing of a foreign-gifted jet — ensures the questions are not going away.