Original | Odaily Planet Daily ( @OdailyChina )
Author: Wenser ( @wenser 2010 )
As the news that TRON is about to go public through a backdoor listing by merging with SRM spread, the crypto markets attention once again focused on the Trump family.
Although Trumps second son Eric Trump issued a statement clarifying that he would not hold a position in the new company Tron.Inc, he and Trumps eldest son Donald Trump Jr. still have a vested interest in Dominari Securities, the matchmaker of the merger deal, which may bring millions or even tens of millions of dollars in revenue to the Trump family.
This year, from the meme project TRUMP, MELANIA to the DeFi project WLFI, the stablecoin USD 1... Trump Crypto seems to have used the crypto market as an ATM and made huge profits. But how much money he made remains a mystery.
Last Friday, the White House Office of Government Ethics released Trumps financial disclosure documents , which also gave us a glimpse into the corner of the palace. In this 234-page document, a business empire spanning real estate, tourism, media and cryptocurrency is clearly formed.
Odaily Planet Daily will briefly sort out Trump’s business assets in this article, giving us a glimpse into the “shadow business empire” behind this “most powerful man in the world”.
It is important to note that the deadline for this financial disclosure document is January 2025. Therefore, the income related to the Trump Meme Coin TRUMP issued on January 18 this year and the subsequent income including MELANIA tokens and USD 1 issued by WLFI are not included. Even so, Trumps personal assets can be called rich.
Trumps Vanity Fair: Entertainment and Politics, Title More Than Just the President of the United States
According to the documents, in addition to the US President and other government-related positions, Trumps titles also include:
General Manager, Chairman, Secretary and Treasurer of CIC Digital LLC (as of January 9, 2025) (Note from Odaily Planet Daily: This is a company that specializes in Trump’s image licensing business in the NFT field. The company also holds more than $1 million worth of ETH);
General Manager, Chairman, Secretary and Treasurer of CIC Ventures LLC (as of January 9, 2025);
Current Chairman of Mar-A-Lago Club LLC (Note from Odaily Planet Daily: Mar-A-Lago Club is Trump’s private residence and membership-based resort club, purchased by Donald Trump in 1985) ;
Chairman and Director of the Board of Directors of Trump Media Technology Group (as of March 22, 2024);
Current Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts.
It can be seen that before taking office as president, Trump had already distanced himself from any positions that might have potential risks, but he still cannot give up his base and cultural performing arts career.
Financial Document Disclosure Information
Major assets: Resort contribution exceeds $100 million, WLFI sales revenue $57.355 million
Looking through Trumps financial documents, there are as many as 22 assets worth more than 50 million US dollars, and Trump Media Technology Group Shares, Trump Endeavor 12 LLC, WLFI and other businesses contribute the most significantly.
Trump owns 53% of Trump Media Technology Group, which is equivalent to approximately $2.7 billion in assets based on its current market value of $5.129 billion. Trump Endeavor 12 LLC contributed the largest single income for Trump last year, $110 million, with its main source of income coming from golf and hotel-related profits.
The WLFI token sale revenue reached $57.355 million, the largest cryptocurrency-related revenue.
WLFI token sale revenue exceeds $50 million (see page 171 of the document)
Royalty business revenue exceeds $10 million
As an Internet celebrity president who always attracts the attention of the Internet, Trump has a lot of royalties from books he publishes, endorsed brands (portrait rights and reputation rights, etc.), and NFT-related royalties. Specifically:
Save America: $3 million
MAGA Journey: $150,000;
Letter to Trump: $250,000;
Trump sneakers and perfume: $2.5 million
Trump watch: $2.8 million;
Greenwood Bible: $1.3 million
45 guitar: $1.05 million;
NFT licensing and royalties: $1.15 million.
Royalties are already astronomical
It is worth mentioning that as a businessman with a high awareness of intellectual property protection, Trump has also applied for hundreds of trademarks owned around the world, including in China, South Korea, Venezuela and other countries, and detailed that such assets do not belong to his personal investment, including the relevant assets of First Lady Melania Trump.
Trump is on the list
Trumps hobby business: golf-related income exceeds $17 million
In addition, perhaps due to the natural sensitivity of businessmen, or perhaps due to personal interests and hobbies, the income brought by golf-related assets in Trump’s financial reports is not low.
In addition to the golf course-related income mentioned above, VH Property Corp., which Trump owns a wholly-owned stake in RPV Development LLC (Odaily Planet Daily Note: Trump bought the company for $20 million in 2017 , and the price dropped by $7 million the following year), contributed more than $17 million in revenue. According to Bloomberg , VH Property Corp. is a golf industry company founded in 2000, whose business lines include golf-related courses.
Is golf-related income considered as making money from hobbies?
Crypto holdings: 15.75 billion WLFI governance tokens
In addition to the direct income from the WLFI token sale, Trump also holds 15.75 billion governance tokens held through an ETH wallet. The financial documents calculate its value at around $1,000-15,000, and the income is recorded as less than $201. (Odaily Note: The unit price of WLFI in the first round of sales was $0.015, and the second round of sales was $0.05. If calculated based on the current over-the-counter price of $0.1, the tokens held by Trump are worth $1.57 billion.)
Trump also wants to participate in WLFI governance?
Balance sheet: 11 liabilities, including real estate loans and litigation
In addition, Trumps financial documents also mentioned 11 of his liabilities, including:
Trump Tower, Trump National Doral Golf Club, 40 Wall Street and other real estate loans: more than $50 million;
E. Jean Carroll (Odaily Planet Daily Note: the woman who previously sued Trump for sexual abuse and defamation) Debt related to the case: over $50 million;
American Express credit card debt: $15,000-50,000;
Trumps Debt Revealed
Perhaps many people would not have thought that Trump is actually a senior credit card user. The real estate tycoon, business legend, and President of the United States is also a loyal user of bank credit cards. It can only be said that there is still a long way to go before crypto stablecoins can be popularized.
Interesting fact 1: Trump’s financial documents far exceed those of Biden and Harris
It is worth noting that in this 234-page financial document, as many as hundreds of income items are less than $201, but they are still listed in detail. In contrast, the financial form submitted by former US President Biden in 2024 is only 11 pages , with the main sources of income being traditional sources such as banks and retirement accounts, while the financial form of Democratic presidential candidate Harris is only 15 pages .
From this we can see the difference in financial situation between a businessman who has been in business for decades and an official who has been in officialdom for decades: the former is extremely complicated, while the latter is clear at a glance.
Interesting fact 2: Trump was on the Forbes rich list as early as 1982
According to the Real-time List of Forbes Billionaires , Trumps current assets are around 5.2 billion US dollars, ranking 718th on the rich list. Previously, when we mentioned his and Musks wealth in the article 24-hour reversal! Musk just extended an olive branch, and Trump declared the end of the relationship , his personal assets were still 5.5 billion US dollars. Just a few days later, his wealth had shrunk by 300 million US dollars. It has to be said that for rich people like Trump and Musk, wealth is really just a numbers game.
As early as 1982, Trump and his father Fred appeared on the first-ever Forbes 400 list, with their total family net worth estimated at $200 million.
This son of a commercial real estate tycoon who was born with a silver spoon in his mouth has now ascended to the presidency of the United States due to his own efforts and the circumstances of the times. In the next four years of his term in office, his personal wealth may continue to expand at an astonishing rate.
Recommended reading:
Bloomberg: The Trump familys business empire
How the Trump family is using TRUMP tokens to reap the crypto market
