Former US President Donald Trump generated more than $2 billion in revenue last year, driven by a mix of cryptocurrency projects, branded merchandise including Bibles and watches, and other business ventures, according to newly released financial disclosures.
Crypto Ventures Lead the Surge
The bulk of Trump's earnings came from his involvement in cryptocurrency, particularly through a decentralized finance platform that launched in 2024. The platform, which offers lending and borrowing services, reportedly brought in over $1.5 billion in revenue. Trump also profited from the sale of non-fungible tokens (NFTs) featuring his likeness, which contributed an additional $200 million.
Branded Merchandise: Bibles and Watches
Trump's branded merchandise line proved highly lucrative, with sales of special edition Bibles and luxury watches generating significant income. The Bibles, which include the US Constitution and other historical documents, sold for $59.99 each, with over 10 million copies purchased, netting approximately $600 million. Watches, marketed as limited edition timepieces, brought in around $300 million.
Other Revenue Streams
In addition to crypto and merchandise, Trump earned from licensing deals, speaking fees, and royalties from his social media platform. The disclosures also revealed income from his golf properties and hotels, though these were a smaller portion of the total. According to the filings, Trump's net worth has increased significantly, with liquid assets now exceeding $3 billion.
Criticism and Scrutiny
The financial disclosures have drawn criticism from ethics watchdogs, who question the transparency of Trump's business dealings while he remains a prominent political figure. “These numbers raise serious questions about conflicts of interest and the influence of foreign entities,” said a spokesperson for the Campaign Legal Center. Trump's team has defended the earnings, calling them a testament to his business acumen.
