HomeNewsCoindeskTrump's Empire Pulled In $57M From World Liberty Financial Last Year, Filing...

Trump’s Empire Pulled In $57M From World Liberty Financial Last Year, Filing Shows

-



Donald Trump’s crypto wallet and branding empire earned tens of millions of dollars last year, with World Liberty Financial netting the U.S. President $57.4 million, according to a newly released federal financial disclosure.

The document, published by the Office of Government Ethics, shows Trump’s personal crypto holdings are estimated to be between $1 million and $5 million. He also declared gold bars as investments between $250,000 and $500,000, various money market funds, equity and Treasury bond holdings, and real estate.

In addition to his crypto holdings and income, Trump seemingly collected over $11 million in royalties tied to branded merchandise.

That includes $3 million for a coffee table book titled “Save America,” $2.5 million from Trump sneakers and fragrances, $2.8 million from watches, $1.3 million for “The Greenwood Bible,” a religious book bearing his name, and $100,000 from non-fungible tokens (NFTs). The latter also brought in $1 million from licensing fees.

Trump’s assets are reportedly held in a trust managed by his children.

While the U.S. President’s financial disclosure document spans 234 pages, Vice President JD Vance filed a 15-page disclosure showing more modest holdings and not mentioning crypto.

The White House didn’t immediately respond to CoinDesk’s request for comments on Trump’s holdings.





Source link

News source: Trump’s Empire Pulled In $57M From World Liberty Financial Last Year, Filing Shows
Read the full article and more directly from the source!

Enjoying our initiative? Support us with a BTC donation:
BTC Wallet: bc1q0faa2d4j9ezn29uuf7c57znsm5ueqwwfqw9gde

LATEST POSTS

Why ‘Eve Frontier’ Is Opening Up to Everyone With Free Trial Experience

In brief Ethereum-powered space survival game Eve Frontier is running a free trial period for 10 days. Users can earn "Grace" for their actions, which...

Ripple to Drop Appeal in SEC Case Over XRP Sales, Ending Case ‘Once and for All’

Ripple CEO Brad Garlinghouse said on Friday that the fintech will drop its cross appeal in a long-running case with the U.S. Securities and...

Trump Blames Biden for Banks Blocking Crypto: ‘There Is a Lot of Debanking’

In brief President Trump called the practice of denying banking services to crypto companies and conservatives "very bad and very dangerous." Trump said that banking regulators,...

‘Rogue’ Police Are Destroying Bitcoin ATMs: Bitcoin Depot Legal Chief

In brief Police are occasionally using brute force to retrieve cash from Bitcoin ATMs. The funds belong to company's like Bitcoin Depot, the firm's CLO said. In...

Most Popular

spot_img