WASHINGTON — Donald Trump reported over $600 million in income from 2015 to 2018 in a public financial disclosure report on Friday, providing a rare glimpse into the president’s finances without his tax returns, which he has refused to release.
The annual financial disclosure form — it seemed to be for the 2024 calendar year — detailing the president’s foray into the world of crypto has become significantly wealthier, but for large fees from development and income from his other businesses. In all, the president listed assets of at least $1.6 billion, according to a Reuters calculation.
Although Trump has claimed he has put his businesses into a trust run by his children, the disclosures offer a window into how money from such sources ends up in the president’s pocket – a fact that has made him susceptible to accusations of conflicts of interest.
Some of his businesses in categories like crypto are , to some extent, indirect beneficiaries of U.S. policy changes under him and have been the subject of criticism. 
“President Trump, Vice President Vance, and [senior] White House staff have done all the requisite ethics briefings and financial reporting,” White House press secretary Karoline Leavitt said in a statement to Reuters by email. “The Trump Administration is dedicated to transparency and access for the American people.”
The financial disclosure was dated June 13 and did not specify the time frame it covered. The cryptocurrency listings and other details in the disclosure indicate that it was through the end of December 2024, which would leave out most of the money brought in through the family’s cryptocurrency ventures.
Just judging by how fast the Trump family has been doing business on his way to the White House, the filing is by now a relic, freezing in time a moment when the family was just getting into crypto but was still mostly swimming in real estate deals and golf clubs.
Crypto Income Highlights:
Fees have been lucrative for issuers: A meme coin released earlier this year by the president, $TRUMP — has generated at an estimated $320 million in fees, though how that amount has been split between an entity controlled by Trump and its partners has not been made public.
Besides the meme coin fees, the Trump family has collected more than $400 million from World Liberty Financial, a decentralized finance corporation. The Trump family is also connected to a bitcoin mining operation and exchange-traded funds that track digital assets.
Trump disclosed $57.35 million from the sales of tokens at World Liberty. He also claimed to own 15.75 billion governance tokens in the venture.
TRUMP MEDIA
The Republican businessman-turned-politician’s fortune, which is spread across everything from crypto to real estate, and the lion’s share of which is only on paper, is also pinned to his stake in Trump Media & Technology Group (DJT.O), owner of social media company Truth Social.
Investments and Passive Income:
In addition to assets and revenue from his business interests, the president reported at least $12 million in income from passive investment vehicles, including interest and dividends, with a combined value of at least $211 million, according to a Reuters calculation.
His largest holdings included alternative fund manager Blue Owl Capital Corp (OBDC. N) and government bond funds run by Charles Schwab (SCHW. N) and Invesco (IVZ. N).
The disclosure provided only ranges for the value of his assets and income, and Reuters used the lower end of the range listed, so the total value of Mr. Butler’s assets and income was almost certain to be higher.
Real Estate and Golf Income:
The filing revealed income received from a range of assets, including Trump’s properties in Florida. Trump’s three golf-oriented resorts in the state — Trump National Golf Club Jupiter, Trump National Doral, and Trump International Golf Club West Palm Beach, and his nearby private members’ club at Mar-a-Lago — produced at least $217.7 million in income, the filing shows.
The family’s single largest income source was Trump National Doral, the sprawling golf hub in the Miami area that boasts the Blue Monster course, which brought in $110.4 million. The reported income figures are essentially their revenues, not net profits after expenses.
Global Business & Licensing:
The disclosure underscored how the Trump family business is global, reporting that the president earned $5 million in license fees from a development in Vietnam and another $10 million in development fees from an India project, as well as nearly $16 million in licensing fees from a Dubai project.
Trump also recorded royalty money, by the way, from other arrangements — $1.3 million from the Greenwood Bible (its website boasts that it is “the only Bible officially endorsed by Lee Greenwood and President Trump”); $2.8 million from Trump Watches and $2.5 million from Trump Sneakers and Fragrances.
Trump also disclosed $1.16 million in income for his NFTs – digital trading cards produced online in his image – while First Lady Melania Trump brought in roughly $216,700 from license fees for her NFT collection.
