President Donald Trump reported earning over $600 million in 2024 from a wide range of ventures including cryptocurrency, golf resorts, licensing deals, and passive investments, according to a newly released financial disclosure signed on June 13.
The document, which sheds light on the business affairs of America’s billionaire president, offers a sweeping look at Trump’s financial landscape and his increasing entanglement with the crypto industry — a sector he once dismissed but now embraces as central to his economic agenda.
The disclosure, reviewed by Reuters and confirmed to cover the 2024 calendar year, places Trump’s minimum declared assets at $1.6 billion. That estimate is based on the lowest values in the reported ranges, meaning the true figure is likely far higher. While Trump has long maintained that he relinquished day-to-day management of his empire to a trust run by his children, the filing reaffirms that income from those businesses continues to accrue to him directly — raising ongoing ethical questions, particularly as many of those sectors, such as crypto, are affected by government policy decisions.
2024 marked a pivotal year for Trump’s financial strategy as he plunged full force into the cryptocurrency market, both personally and through policy. The most striking development was the release of the $TRUMP meme coin, a digital token bearing his name and likeness. Initially launched in early 2024 with relatively little institutional backing, the coin quickly exploded in popularity among online traders and conservative crypto enthusiasts, fueled by Trump’s public endorsements and relentless marketing.
Within weeks, the coin’s market cap ballooned, and frenzied speculation led to one of the most volatile and lucrative meme coin rallies in recent memory. Investors poured in, sending prices soaring and transaction volumes into the hundreds of millions. The disclosure reveals that $TRUMP generated an estimated $320 million in fees alone, though it remains unclear how much of that went directly to Trump or the entities he controls.
That rally served not just as a financial windfall, but also as a turning point in Trump’s political embrace of digital assets. His administration has since begun positioning cryptocurrency and blockchain technologies as essential to America’s next economic boom, signaling a policy shift that could entrench crypto as part of federal infrastructure and monetary policy.
While crypto has become Trump’s flashiest new income source, his traditional businesses, particularly his Florida-based golf empire, continued to perform strongly. His trio of golf properties in the Sunshine State — Trump National Doral, Trump National Golf Club Jupiter, and Trump International Golf Club West Palm Beach — along with the Mar-a-Lago private club, together raked in at least $217.7 million in revenue during 2024.
Trump National Doral, renowned for its “Blue Monster” course, was the crown jewel, accounting for $110.4 million in revenue, making it his single largest income source. These figures represent gross revenues rather than profits, but they underscore the continuing profitability of Trump’s luxury lifestyle brand — especially as it intersects with the political elite who frequent his clubs.
Trump’s international business also remains active. He reported $5 million in license fees from a Vietnam development project, $10 million from India, and $16 million from a Dubai venture. These projects reflect the enduring global appeal of the Trump name, even as political tensions around the world increase scrutiny on U.S.-linked business activity abroad.
Beyond real estate, Trump has capitalized heavily on his brand, earning $2.8 million from Trump Watches, $2.5 million from Trump Sneakers and Fragrances, and $1.3 million in royalties from the Greenwood Bible, which is billed as “the only Bible officially endorsed by Lee Greenwood and President Trump.”
Meanwhile, Trump’s digital collectibles — his NFTs, or non-fungible tokens — netted $1.16 million in 2024, while First Lady Melania Trump brought in $216,700 from her own NFT line. These ventures signal how the Trumps have turned their political fame into a monetized digital persona, finding yet another frontier to market their brand.
Trump’s more conventional investments also pulled in returns. The president reported at least $12 million in passive income from interest and dividends, anchored by significant holdings in investment funds such as Blue Owl Capital and government bond portfolios managed by Charles Schwab and Invesco. These investments, estimated at over $211 million, suggest Trump’s financial base remains diversified even as his more public ventures dominate headlines.
A substantial chunk of Trump’s perceived wealth remains tied up in Trump Media & Technology Group, the owner of the social media platform Truth Social. Though the company has faced questions about user growth and monetization, it continues to serve as a key part of Trump’s political communication strategy — and potentially, a lucrative asset if digital political media firms surge in value.
However, many believe that Trump’s deepening ties to sectors influenced by U.S. regulation, particularly crypto and digital finance, create potential conflicts of interest, especially as the policy under his administration begins favoring those very sectors.
For example, the U.S. Treasury and SEC have recently signaled openness to integrating blockchain solutions in federal finance, a move seen by some as aligning too closely with Trump’s personal financial interests.
