NEW YORK (AP) — The man once known primarily as a real estate developer has transformed into a billion-dollar cryptocurrency mogul.
President Donald Trump’s most recent mandatory financial disclosure shows he pulled in roughly $1.2 billion last year, with cryptocurrency holdings far outpacing the real estate empire that originally made him a household name and helped launch his political career.
While it took Trump decades to build his property portfolio, his crypto wealth exploded in just over a year — a rapid rise fueled by his own administration’s favorable stance toward the industry, along with support from billionaires and other parties with significant business interests before the federal government.
The 900-plus-page report reveals Trump tapped into several new income sources last year, prompting scrutiny over whether he is financially benefiting from holding the nation’s highest office.
He collected tens of millions of dollars from new property ventures in foreign nations — many of which were simultaneously negotiating with the U.S. over tariffs, military assistance, and other critical issues. He also received tens of millions more through lawsuits against media companies that faced potential regulatory consequences, including broadcast license threats and pending deal approvals.
Trump also demonstrated his knack for branding on a smaller scale, earning millions by attaching his name to Bibles, guitars, and watches — with watches alone generating $4.7 million.
His company World Liberty Financial brought in more than $500 million selling what are known as
