Trump made almost $58 million in crypto. Here's what his latest financial report shows
US President Donald Trump earned $57.7 million from the sale of tokens by a cryptocurrency firm he and his sons helped launch last year.
US President Donald Trump earned $57.7 million from the sale of tokens by a cryptocurrency firm he and his sons helped launch last year.
Bloomberg writes about this, referring to Trump’s financial report published on Friday.
Specifically, the amount of money came from sales of World Liberty Financial, a cryptocurrency firm launched last year before the election. According to its website, Trump and his three sons — Donald Trump Jr., Eric Trump and Barron Trump — are among its founders.
Meanwhile, the president’s largest source of income from private assets was Trump Endeavor 12 LLC, a Miami-based company that owns golf courses and a resort. The latter, according to the report, brought the US president $110 million in income.
Overall, Trump’s fortune, according to the Bloomberg Billionaires Index, is estimated at $4.8 billion.
Recall that recently, US President Donald Trump promised to make the country the «cryptocurrency capital of the world.»
In March, US President Donald Trump pardoned the three founders of the crypto investment exchange BitMEX (Bitcoin Mercantile Exchange), accused of violating the Bank Secrecy Act between 2015 and 2020.
Musk and Trump have had a «big, beautiful» feud that has it all: frustration, resentment, falling stocks and accusations of sexual harassment
Musk and Trump have had a «big, beautiful» feud that has it all: frustration, resentment, falling stocks and accusations of sexual harassment
Trump threatens to impose 25% tariff on iPhones made outside the US
Trump threatens to impose 25% tariff on iPhones made outside the US
Read the country’s main IT news in our Telegram
Read the country’s main IT news in our Telegram
