Did Trump earn over $50 mn from crypto? POTUS made massive amount by selling watches, sneakers and bibles

President Donald Trump earned over $10 million last year from various items and $57.3 million from a cryptocurrency platform.

Updated on: Jun 15, 2025, 18:37:53 IST

By HT News Desk

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President Donald Trump made more than $10 million last year selling items like watches, sneakers, Bibles, and guitars. But the most money came from a cryptocurrency platform, according to a new financial disclosure.

Trump has promoted these items to supporters, despite critics accusing him of using his political fame for personal profit. (AFP)

The report, released Friday by the Office of Government Ethics, shows Trump earned $57.3 million from his stake in World Liberty Financial, a crypto company.

Trump’s "$TRUMP" memecoin wasn’t included in the report because it launched in January, but it has reportedly made about $320 million in fees so far.

Trump also made millions in licensing fees. His Mar-a-Lago resort in Florida brought in over $50 million, according to the 234-page report, which appears to cover income from the 2024 calendar year. In comparison, President Joe Biden’s financial disclosure was just 11 pages.

Trump’s other earnings include:

$2.8 million from Trump Watches

$3 million from "Save America" coffee table books

$2.5 million from Trump-branded sneakers and cologne

$1.3 million from sales of the Greenwood Bible

$1.05 million from “45” branded guitars

Trump launched the guitars in late 2023. The electric and acoustic models featured an American eagle and sold for $1,500 to $10,500. Earlier in 2024, Trump released his “Never Surrender” high-top sneakers at $399 a pair.

Also Read: Donald Trump to impose travel restrictions on 36 countries? Here's what we know

Trump has promoted these items to supporters, despite critics accusing him of using his political fame for personal profit.

His crypto work is also getting attention. A Financial Times report last month said Trump’s media company plans to raise $3 billion to invest in Bitcoin and other crypto.

Trump Media & Technology Group — which owns Truth Social — is reportedly trying to raise $2 billion in new equity and $1 billion through a bond deal.

Some critics say this raises conflict-of-interest concerns, as Trump could benefit from policies he supports in office.

Last month, Trump held a private dinner at his Virginia golf club for 200 top investors in the $TRUMP memecoin. One ethics group called it “nakedly corrupt.”

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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