NEW YORK — US President Donald Trump reaped a stunning windfall in his first year back in the White House in January 2025, The New York Times reported citing a new filing.The president pulled in at least $2.2 billion, a figure that includes other parts of his vast holdings, such as his real estate assets. That compares to a minimum of $622 million his enterprises pulled in for all of 2024, before he returned to the presidency.Trump made more than $1 billion last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025.In a 927-page disclosure, he reported $635 million in royalties from a Trump meme coin that has plunged in value since he launched it days before taking office.He also reported over $500 million in income from World Liberty Financial, a cryptocurrency firm founded by his own sons and the children of his special envoy, Steve Witkoff.He earned millions more from real estate and Trump-themed items. But the White House denied he was profiting from the presidency.The earnings from his latest financial disclosure far outpace the previous ones for 2024, when Trump disclosed over $600 million in income.The results, detailed in the mandatory financial disclosure report for 2025 released on Tuesday, pulled back the curtain on the president’s business operations. His crypto ventures, the report shows, are now some of his most lucrative enterprises, a remarkable turnabout for a man who once slammed crypto as a haven for drug dealers and scammers.The president’s finances, which had been something of a mystery, highlight a conflict in his crypto business: Trump is a major crypto industry operator and its top policymaker.It is hardly the only issue to arise from having a businessman serve as president. The president’s family business, the Trump Organization, has also capitalized on Trump’s popularity in certain parts of the world, licensing the Trump name to properties in countries that are crucial to US foreign policy interests.Anna Kelly, a White House spokeswoman, said in a recent statement that Trump “only acts in the best interests of the American public,” and that “there are no conflicts of interest.”Although the report released on Tuesday offered revenue figures for Trump’s crypto and real estate ventures, it did not reveal whether all of the businesses turned a profit or a loss, which is consistent with his previous filings.The report also offers little clarity on the president’s net worth, much of which is tied to estimated property values and the fluctuating paper worth of crypto assets and his stock portfolio. For his largest assets, including cryptocurrency and real estate, Trump reported a minimum valuation of $50 million with no upper limit.The president’s shares in his own publicly traded social media company, Trump Media & Technology Group, are worth about $875 million, according to other public filings, representing one of the single greatest sources of the president’s net worth. But it was Trump’s crypto business that proved to be a top revenue stream.Trump embraced the crypto industry on the campaign trail in 2024 and started a series of ventures that have reaped enormous sums.The Trump family also continued to pull in chunks of money from real estate branding deals, the new report showed, including some in the Middle East that generated a minimum of $35 million in revenue last year. Deals in Vietnam and Romania, as well as older ones in India, Turkey and Indonesia, combined to bring in at least another $20 million.And the president’s major real estate holdings in the United States, like Trump National Golf Club near Miami, pulled in $122 million in revenue, while his Mar-a-Lago club generated a total of $77 million for him, the report said.Now that Trump is flush with cash, and now that he has eliminated some of his long-running legal problems, he has reduced the liabilities on his balance sheet, including after an appeals court overturned a nearly half-billion-dollar legal judgment stemming from a civil fraud case in New York.The disclosure report shows that Trump still owes more than $50 million to the writer E. Jean Carroll, who accused him of sexually abusing and defaming her. The Supreme Court on Monday declined the president’s request to review one of the judgments Carroll secured against him.The financial disclosure captured several other legal wins for Trump, including payouts he collected from media and technology giants like ABC News, Paramount and Meta. ABC settled a defamation lawsuit, while Paramount agreed to pay him over the editing of an interview on the CBS News program “60 Minutes.” Meta settled a lawsuit he filed over the suspension of his Facebook and Instagram accounts after the Jan. 6, 2021, riot at the Capitol.The disclosure also captured gains in Trump’s investments in the financial markets. While these numbers appear in wide ranges, making it difficult to decipher meaningful trends or specific amounts, they suggest that Trump continues to get richer as president.
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