The two billion dollar man
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We are really talking here about corruption on a world-historical scale, the kind generally only found in tinpot dictatorships:
President Donald Trump’s reported income soared to more than $2.2 billion in 2025, as the president took in more than $1.4 billion from cryptocurrency, digital tokens and related partnerships, according to his latest financial disclosure forms.
The 927 pages of disclosures, released Tuesday, indicated that Trump’s income substantially increased after he reentered the White House last year.
Overall, Trump reported assets worth at least $2.4 billion and income of over $2.2 billion. His assets are almost certainly worth more, since the federal disclosure forms require only that asset values be reported in ranges that top out at“over $50 million,” which leaves the full value of the president’s holdings unclear.
In his 2024 financial disclosure, filed a year ago, Trump reported assets worth more than $1.6 billion and income of over $600 million.
In addition to income from crypto ventures, Trump reported over $620 million in real estate, hotel and golf-related income.
The president also reported receiving $86.5 million from settlements in five separate lawsuits against ABC, CBS, YouTube, Meta and the social media platform X.
The 2025 disclosure includes $635 million in royalties from a license agreement with Celebration Coins; at least $525 million in proceeds from token sales by World Liberty Financial, a cryptocurrency project founded by Trump and his sons; $65 million inproceeds from World Liberty Financial’s equity sale; and $196 million in net proceeds from a stablecoin transaction.
Trump also saw increased income from his golf clubs and resorts. He reported $121 million fromTrump National Doral in 2025, up from $110 million a year earlier, and $77 million from Mar-a-Lago, up from $56 million.
In retrospect, I’m not sure enough attention was paid to the fact that Hillary Clinton preferred not to use two BlackBerries in the 2016 campaign.