- Donald Trump generated nearly $1.2 billion from cryptocurrency businesses last year, with these digital ventures now exceeding the revenue of much of his extensive property portfolio.
- His crypto earnings included over $500million from World Liberty Financial governance tokens and more than $600 million from Trump-branded 'meme' coins, both of which have since seen significant value drops.
- The rapid growth of these crypto enterprises was reportedly aided by billionaire investors and Trump's policy shifts, including reversing the Biden administration's tough stance on the industry.
- Trump also saw substantial income from other branded merchandise, such as bibles and sneakers, and his property business experienced a boom, generating millions from new overseas deals in countries that later received favourable US policy outcomes.
- While the White House maintains Trump's businesses are managed by his sons to avoid conflicts, the report highlights potential ethical concerns regarding his financial gains and policy decisions.
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