Trump earned more from crypto than real estate in 2025, filings show

Summary

Donald Trump’s 2025 financial disclosure shows crypto ventures became his biggest income source, bringing in over $1.4 billion, far more than real estate and resort businesses. Most of that came from memecoin royalties linked to Trump Coin, which generated about $635 million, and from World Liberty Financial, the family’s DeFi platform, which brought in about $588 million from token sales. He also reported $197 million from selling equity in a stablecoin venture. The filing intensified criticism that Trump is profiting from an industry he is also regulating, especially as his administration advanced pro-crypto policies and friendlier rules for digital assets. Trump’s real estate and resort income was more than $290 million, mainly from Mar-a-Lago and golf properties. Public Citizen called the arrangement a major conflict of interest and urged Congress to act.