WASHINGTON – US President Donald Trump reported more than $1.4 billion in income in his latest annual financial disclosure, with cryptocurrency ventures accounting for the largest share of his earnings, according to filings submitted to the US Office of Government Ethics.

The disclosure showed that companies linked to Trump received nearly $800 million from World Liberty Financial, a cryptocurrency venture co-founded by the president and his sons. The reported income included more than $520 million from crypto token sales and over $250 million from the sale of ownership interests in the business.

Trump also reported approximately $635 million in income from the sale of his meme cryptocurrency tokens, underscoring the growing role of digital assets in his business portfolio.

The filing marks a sharp increase from the previous year’s disclosure, in which Trump reported $57.35 million in income from token sales through World Liberty Financial.

According to Reuters, the Trump family has earned at least $2.3bn from cryptocurrency-related projects since Trump’s return to the White House in 2025.

The disclosure comes as the Trump administration has introduced several measures viewed by the cryptocurrency industry as favourable, including new federal rules for stablecoins and a reduction in enforcement actions by the US Department of Justice and the Securities and Exchange Commission.

In addition to crypto-related income, Trump reported more than $80 million from legal settlements with media companies and $52 million from licensing his name to overseas property developers, with much of that revenue linked to projects in the Middle East.

White House spokesperson Anna Kelly rejected suggestions of any conflict of interest, saying neither Trump nor his family had engaged in conduct that conflicted with the president’s public duties. She added that the administration’s policies were intended to advance the interests of the United States.

Although cryptocurrency generated the largest share of Trump’s reported income, his golf courses and resorts also recorded strong performance. Revenue from those businesses exceeded $500 million in 2025, a 15 per cent increase from the previous year.

The Mar-a-Lago resort in Florida reported revenue of $77 million, up from $50 million in 2024, while Trump’s golf club in West Palm Beach also posted higher earnings. Revenue at the Trump National Golf Club in Los Angeles, however, declined.

Income from Trump’s commercial real estate holdings showed comparatively modest growth. The disclosure listed earnings from several long-held property investments, with reported income ranges for many properties remaining unchanged or lower than those disclosed a decade ago.

The Trump Organization described the nearly 1,000-page filing as one of the most comprehensive financial disclosures submitted by a US president, saying it reflected the company’s commitment to transparency.

Ethics experts noted that US presidents are exempt from certain federal conflict-of-interest laws that apply to executive branch employees. Don Fox, a former acting head of the Office of Government Ethics, said previous presidents had generally sought to avoid potential conflicts despite those exemptions, adding that Trump’s financial arrangements had renewed calls for stronger ethics legislation.