Trump claims he was unaware of family’s crypto earnings totaling $1.4 billion
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President Donald Trump told CNBC he did not know about his family’s cryptocurrency investments that generated about $1.4 billion, while his 2025 financial disclosure shows total earnings of $2.2 billion.
President Donald Trump said he was not aware of his family’s cryptocurrency activities that contributed roughly $1.4 billion to his reported $2.2 billion income for 2025. In a July 2 interview with CNBC, Trump stated, "I could know about it. I didn’t. I mean, there’s nothing illegal, there’s nothing wrong with it. I could know," when asked about the crypto ventures disclosed in his 2025 financial report filed with the U.S. Office of Government Ethics.
The disclosure shows most of the earnings came from two sources: about $800 million linked to World Liberty Financial, a firm co-founded by his sons Eric, Donald Jr. and Barron, and $635 million from sales of a $TRUMP meme coin. Real-estate holdings and other assets made up the remainder of his income, which was more than three times the $622 million his businesses generated in 2024, according to reporting by the New York Times.
Trump’s sons manage the Trump Organization and related investments, and the president attributed his wealth to overall market performance. He added, "I’m a really good business person. I’ve made money. I’ve made a tremendous amount of money, more than I would have ever thought I would have made and I let people invest it."
Critics have pointed to the timing of the crypto earnings and policy moves that favor the industry, such as easing federal rules for asset-backed coins and reducing enforcement by the Department of Justice and the Securities and Exchange Commission. Trump defended his stance on digital assets, saying the United States must lead in the sector to prevent competitors like China from gaining an advantage.