US President Donald Trump on Wednesday said he is not involved in managing his personal finances, a day after financial disclosures revealed he reported more than $1.4 billion in income from his family’s cryptocurrency ventures.Speaking to reporters at Joint Base Andrews before departing for North Dakota, Trump said, “I don’t get involved … We have funds that run my money”, according to Reuters.He also defended the gains reflected in his financial disclosures, saying they were tied to the strong performance of the US stock market.“You know why I’m profiting? Because the stock market’s going up, everybody’s profiting,” Trump said.The remarks came after his 2025 annual financial disclosure, filed with the US Office of Government Ethics, showed that companies linked to Trump earned nearly $800 million from World Liberty Financial, a cryptocurrency venture he co-founded with his sons.The filing showed that the income included more than $520 million from crypto token sales and over $250 million from the sale of interests in the World Liberty Financial business.Trump shares the income from the venture with family members.
Crypto becomes Trump’s biggest source of income
According to Reuters, digital assets have become the largest contributor to Trump’s earnings, with the president also reporting another $635 million from the sale of his $TRUMP meme coin.The disclosure highlights how cryptocurrency has transformed Trump’s financial profile. Reuters noted that he had reported $57.35 million from World Liberty token sales in the previous year’s filing, with that figure increasing nearly nine-fold in the latest disclosure.The president also reported more than $80 million in income from legal settlements with media companies and $52 million from licensing his name to overseas property developers, driven mainly by deals with Middle Eastern partners, according to Reuters.His traditional businesses continued to generate substantial revenue as well. Revenue from Trump’s golf courses and resorts rose 15 per cent to just over $500 million in 2025, with Mar-a-Lago alone generating $77 million.
White House rejects conflict of interest concerns
Trump’s growing involvement in the cryptocurrency sector has drawn criticism from ethics experts, particularly because his administration has introduced policies viewed as favourable to the crypto industry.After returning to office in 2025, Trump implemented measures including federal rules for stablecoins and reduced regulatory enforcement by the US Securities and Exchange Commission and the Justice Department, according to Reuters.Responding to concerns, White House Principal deputy press secretary Anna Kelly rejected allegations of conflicts of interest.“Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest. President Trump proudly made the United States the crypto capital of the world through executive actions,” Kelly said in a statement reported by Reuters.Financial disclosure rules require US presidents and vice presidents to report their income and assets annually.While Trump’s assets are held in a trust managed by his children, he remains the beneficiary of those assets, which continue to generate income for him.
