Trump’s Financial Disclosures Show Tens of Millions Earned from Branded Guitars, Bibles, and Watches

President Donald Trump retains substantial income from various luxury properties and business ventures, many of which are valued in the tens of millions. A comprehensive financial disclosure form released by the Office of Government Ethics recently highlights Trump’s financial activities. Spanning 234 pages, including 145 pages detailing stock and bond investments, the document is signed and dated by Trump. A significant portion of Trump’s income comes from his stake in World Liberty Financial, a cryptocurrency platform he launched last year, from which he earned over $57 million.

The disclosure indicates that the sales of digital tokens have proven highly profitable for Trump and his family. His three sons, Donald Jr., Eric, and Barron, are also recognized as co-founders of the company on its website. However, Trump’s other cryptocurrency venture, a meme coin known simply as $TRUMP, was launched in January and thus does not appear in this disclosure, which covers the fiscal year 2024. The year proved to be financially rewarding for Trump not just in cryptocurrency but also from royalty payments associated with merchandise featuring his name.

Noteworthy income sources include $3 million from a coffee table book titled “Save America,” $2.5 million from Trump-themed sneakers and fragrances, and additional payments from various other products like watches and NFTs. Additionally, the disclosure outlines liabilities, including at least $15,000 on an American Express credit card and obligations related to E. Jean Carroll’s successful lawsuit against Trump for sexual abuse and defamation. While Trump’s financial form is extensive, it starkly contrasts with those of other recent presidents; Joe Biden’s filing consisted of just 11 pages, primarily focused on conventional income. Many of Trump’s assets are held in a revocable trust managed by his eldest son, Donald Jr.

This includes a substantial number of shares in Trump Media and Technology Group, with Trump being the largest shareholder, holding nearly 53% of the company, which is now publicly traded.