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Trump reports $600M income from ventures

Trump Ventures

Trump Ventures

Donald Trump, the former President of the United States, reported more than $600 million in income from various ventures in his recent financial disclosure report. The report covers the 2024 calendar year and offers insight into Trump’s extensive business holdings. According to the report, Trump’s push into cryptocurrency significantly contributed to his wealth.

He earned substantial fees from his real estate developments and other business activities as well. Reuters calculated that Trump’s assets are worth at least $1.6 billion. White House press secretary Karoline Leavitt affirmed the Trump Administration’s commitment to transparency and accessibility.

She stated, “President Trump, Vice President Vance, and senior White House staff have completed required ethics briefings and financial reporting obligations.”

Trump’s entry into the cryptocurrency market has been particularly lucrative. A meme coin released by Trump generated an estimated $320 million in fees. Trump also reported $57.35 million from token sales at World Liberty and holds 15.75 billion governance tokens in the venture.

Three of Trump’s golf-focused resorts in Florida—Jupiter, Doral, and West Palm Beach—along with his private members’ club at Mar-a-Lago, generated at least $217.7 million in income.

Trump’s expansive income sources revealed

Trump National Doral in Miami was the single largest income source at $110.4 million.

Trump also earned licensing fees from developments around the world. He earned $5 million from a development in Vietnam, $10 million from a project in India, and nearly $16 million from a project in Dubai. Besides his real estate and crypto ventures, Trump collected royalties from various deals.

He earned $1.3 million from the Greenwood Bible, $2.8 million from Trump Watches, and $2.5 million from Trump Sneakers and Fragrances. His NFT collections also proved profitable, with Trump earning around $1.16 million and First Lady Melania Trump earning approximately $216,700 from her NFT collection. The financial disclosure also revealed Trump’s passive investments, totaling at least $211 million.

His biggest investments included alternative fund manager Blue Owl Capital Corp. and government bond funds managed by Charles Schwab and Invesco. The disclosure underscores the expansive and diversified nature of Trump’s wealth, which spans from traditional real estate to modern digital assets.

As Trump contemplates his political future, these financial disclosures shed light on the extensive and varied engines of his wealth.

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