Menu
SECTIONS
Iran war Russia-Ukraine war Español China Asia Pacific Latin America Europe Africa
TOP STORIES
- Ship runs aground in Strait of Hormuz, Iranian state TV reports
- Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisis
- As the Pentagon stays quiet, AP reconstructs a US strike that killed over 100 Iranian children
Newsletters
The Morning Wire\ \ Our flagship newsletter breaks down the biggest headlines of the day. The Afternoon Wire\ \ Get caught up on what you may have missed throughout the day.
SECTIONS
Immigration Weather Education Transportation Abortion LGBTQ+ Notable Deaths
TOP STORIES
- Los Angeles medical examiner says former child actor Daveigh Chase died of AIDS
- Harvard professor with polarizing alien theories is picked to lead new White House UFO council
- Dead baby is found in a portable toilet at a music festival in Michigan
Newsletters
The Morning Wire\ \ Our flagship newsletter breaks down the biggest headlines of the day.
AP QUIZZES
Test Your News I.Q. — take today’s quiz
SECTIONS
2026 Elections Election Results Election calendar White House Congress Supreme Court The latest AP-NORC polls Ground Game
TOP STORIES
- Supreme Court upholds birthright citizenship, rejecting Trump’s proposed limits
- The divided Supreme Court's birthright citizenship decision exposes sharp rifts among justices
- Supreme Court will consider whether laws known as assault weapons bans violate the Second Amendment
Newsletters
Ground Game\ \ Exclusive insights and key stories from the world of politics.
SECTIONS
FIFA World Cup NBA MLB NFL NHL Tennis Golf Soccer
TOP STORIES
- LeBron James not returning to Lakers, plans to play 24th season elsewhere
- Mexico ends a 40-year knockout drought, beats Ecuador 2-0 to reach the round of 16
- Mexico fans use a homophobic chant during the World Cup match against Ecuador
Newsletters
AP Top 25 Poll Alerts\ \ Get email alerts for every college football Top 25 Poll release. The Sports Wire\ \ Your home base for in-depth reporting from the world of sports.
SECTIONS
Movies Fashion Television Celebrity Interviews Music Books
TOP STORIES
- OpenAI film 'Artificial,' dropped by Amazon, finds a new home with Neon
- Japan’s Eiko Kadono, author of ‘Kiki’s Delivery Service,’ still believes in the magic of books at 91
- Movie Review: 'Minions & Monsters' is a very yellow mash note to Hollywood
Newsletters
SECTIONS
Tariffs Inflation Financial Markets Financial Wellness Technology
TOP STORIES
-
Trump filing shows he took in about $1.2 billion from crypto businesses last year
-
Egg producers will pay $3.3M and donate 53 million eggs to settle price fixing claims
-
Ford recalling more than 741,00 vehicles because of park system issue
SECTIONS
Space Animals The Ancient World Climate Medicine
TOP STORIES
TOP STORIES
-
Viral phenomenon in Argentina has young people identifying themselves as animals
-
Raccoon goes on drunken rampage in Virginia liquor store and passes out on bathroom floor
-
Runaway kangaroo on the loose named Sheila shuts down Alabama interstate
-
Lettuce introduce you to the live frog found in this grocery store salad bag
-
Nipper, stay! The future of a beloved dog statue on a New York warehouse is up in the air
-
Fatou, the world's oldest gorilla living in captivity, celebrates her 69th birthday at Berlin Zoo
SECTIONS
Trending Better health At home Working well For the climate Eating well
TOP STORIES
-
How to stay cool in a heat wave even without air conditioning
-
Scratching that bug bite might feel good at first but science explains why it's a bad idea
-
Questions about resume gaps are expected. Here's how job seekers can address them
SECTIONS
TOP STORIES
- A glowing red room in southern Lebanon shows life after the fighting
- At the Kaaba during Hajj, a photographer captures sense of unity and devotion
- A photo captures a wall of wild horses surging through western Germany
Newsletters
The World in Pictures\ \ Get The AP’s most compelling photographs sent directly to your inbox.
SECTIONS
Indigenous peoples and climate Climate Questions Climate Migration India Focus
TOP STORIES
-
Trump administration seeks to stomp out all fires quickly, reviving policy that has been discredited
-
How to stay cool in a heat wave even without air conditioning
TOP STORIES
-
Democrats in half of states sue Trump administration over Medicaid work rules
-
FDA panel on peptides will include experts who promote the unproven chemicals favored by RFK Jr.
-
Scratching that bug bite might feel good at first but science explains why it's a bad idea
-
Hospitals in Europe are gearing up for the next heat wave armed with lessons from this one
-
Millions drop Obamacare health coverage after subsidies expire and costs rise
SECTIONS
Artificial Intelligence Social Media
TOP STORIES
-
Americans are inundated with suspected scams. New polling shows why few victims report them
-
One Tech Tip: Don't use rice for your device. Here's how to dry out your smartphone
-
AP Exclusive: Nvidia's Jensen Huang says society needs 'new social norms' in the age of AI
SECTIONS
Food & Recipes Gardening Fashion Homes Travel Pets
TOP STORIES
-
After helping the US win the Cold War, the all-you-can-eat buffet is fading. Thanks, COVID
-
How the White House Rose Garden and its plantings have changed over the past century
-
This Stars and Stripes Pie is designed to wow on the Fourth of July
TOP STORIES
- Pope issues plea to breakaway traditionalist group to back off bishop consecrations
- Defying Pope Leo XIV, traditionalists go ahead with bishop consecrations in Switzerland
- What to know about the breakaway traditionalist Catholics defying Pope Leo XIV
Newsletters
World of Faith\ \ Comprehensive global coverage of how religion shapes our world.
SECTIONS
Política de EEUU Deportes Mundial de Fútbol FIFA
TOP STORIES
-
Arquidiócesis de San Francisco pagará $395 millones para zanjar demandas por abuso sexual infantil
-
Un australiano es acusado de asesinato por la muerte de una adolescente en Pattaya, Tailandia
-
MORE
Search Query Submit Search
Show Search Menu
Submit Search
Menu
SECTIONS
Iran war Russia-Ukraine war Español China Asia Pacific Latin America Europe Africa
TOP STORIES
- Ship runs aground in Strait of Hormuz, Iranian state TV reports
- Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisis
- As the Pentagon stays quiet, AP reconstructs a US strike that killed over 100 Iranian children
Newsletters
The Morning Wire\ \ Our flagship newsletter breaks down the biggest headlines of the day. The Afternoon Wire\ \ Get caught up on what you may have missed throughout the day.
SECTIONS
Immigration Weather Education Transportation Abortion LGBTQ+ Notable Deaths
TOP STORIES
- Los Angeles medical examiner says former child actor Daveigh Chase died of AIDS
- Harvard professor with polarizing alien theories is picked to lead new White House UFO council
- Dead baby is found in a portable toilet at a music festival in Michigan
Newsletters
The Morning Wire\ \ Our flagship newsletter breaks down the biggest headlines of the day.
AP QUIZZES
Test Your News I.Q. — take today’s quiz
SECTIONS
2026 Elections Election Results Election calendar White House Congress Supreme Court The latest AP-NORC polls Ground Game
TOP STORIES
- Supreme Court upholds birthright citizenship, rejecting Trump’s proposed limits
- The divided Supreme Court's birthright citizenship decision exposes sharp rifts among justices
- Supreme Court will consider whether laws known as assault weapons bans violate the Second Amendment
Newsletters
Ground Game\ \ Exclusive insights and key stories from the world of politics.
SECTIONS
FIFA World Cup NBA MLB NFL NHL Tennis Golf Soccer
TOP STORIES
- LeBron James not returning to Lakers, plans to play 24th season elsewhere
- Mexico ends a 40-year knockout drought, beats Ecuador 2-0 to reach the round of 16
- Mexico fans use a homophobic chant during the World Cup match against Ecuador
Newsletters
AP Top 25 Poll Alerts\ \ Get email alerts for every college football Top 25 Poll release. The Sports Wire\ \ Your home base for in-depth reporting from the world of sports.
SECTIONS
Movies Fashion Television Celebrity Interviews Music Books
TOP STORIES
- OpenAI film 'Artificial,' dropped by Amazon, finds a new home with Neon
- Japan’s Eiko Kadono, author of ‘Kiki’s Delivery Service,’ still believes in the magic of books at 91
- Movie Review: 'Minions & Monsters' is a very yellow mash note to Hollywood
Newsletters
SECTIONS
Tariffs Inflation Financial Markets Financial Wellness Technology
TOP STORIES
-
Trump filing shows he took in about $1.2 billion from crypto businesses last year
-
Egg producers will pay $3.3M and donate 53 million eggs to settle price fixing claims
-
Ford recalling more than 741,00 vehicles because of park system issue
SECTIONS
Space Animals The Ancient World Climate Medicine
TOP STORIES
TOP STORIES
-
Viral phenomenon in Argentina has young people identifying themselves as animals
-
Raccoon goes on drunken rampage in Virginia liquor store and passes out on bathroom floor
-
Runaway kangaroo on the loose named Sheila shuts down Alabama interstate
-
Lettuce introduce you to the live frog found in this grocery store salad bag
-
Nipper, stay! The future of a beloved dog statue on a New York warehouse is up in the air
-
Fatou, the world's oldest gorilla living in captivity, celebrates her 69th birthday at Berlin Zoo
SECTIONS
Trending Better health At home Working well For the climate Eating well
TOP STORIES
-
How to stay cool in a heat wave even without air conditioning
-
Scratching that bug bite might feel good at first but science explains why it's a bad idea
-
Questions about resume gaps are expected. Here's how job seekers can address them
SECTIONS
TOP STORIES
- A glowing red room in southern Lebanon shows life after the fighting
- At the Kaaba during Hajj, a photographer captures sense of unity and devotion
- A photo captures a wall of wild horses surging through western Germany
Newsletters
The World in Pictures\ \ Get The AP’s most compelling photographs sent directly to your inbox.
SECTIONS
Indigenous peoples and climate Climate Questions Climate Migration India Focus
TOP STORIES
-
Trump administration seeks to stomp out all fires quickly, reviving policy that has been discredited
-
How to stay cool in a heat wave even without air conditioning
TOP STORIES
-
Democrats in half of states sue Trump administration over Medicaid work rules
-
FDA panel on peptides will include experts who promote the unproven chemicals favored by RFK Jr.
-
Scratching that bug bite might feel good at first but science explains why it's a bad idea
-
Hospitals in Europe are gearing up for the next heat wave armed with lessons from this one
-
Millions drop Obamacare health coverage after subsidies expire and costs rise
SECTIONS
Artificial Intelligence Social Media
TOP STORIES
-
Americans are inundated with suspected scams. New polling shows why few victims report them
-
One Tech Tip: Don't use rice for your device. Here's how to dry out your smartphone
-
AP Exclusive: Nvidia's Jensen Huang says society needs 'new social norms' in the age of AI
SECTIONS
Food & Recipes Gardening Fashion Homes Travel Pets
TOP STORIES
-
After helping the US win the Cold War, the all-you-can-eat buffet is fading. Thanks, COVID
-
How the White House Rose Garden and its plantings have changed over the past century
-
This Stars and Stripes Pie is designed to wow on the Fourth of July
TOP STORIES
- Pope issues plea to breakaway traditionalist group to back off bishop consecrations
- Defying Pope Leo XIV, traditionalists go ahead with bishop consecrations in Switzerland
- What to know about the breakaway traditionalist Catholics defying Pope Leo XIV
Newsletters
World of Faith\ \ Comprehensive global coverage of how religion shapes our world.
SECTIONS
Política de EEUU Deportes Mundial de Fútbol FIFA
TOP STORIES
-
Arquidiócesis de San Francisco pagará $395 millones para zanjar demandas por abuso sexual infantil
-
Un australiano es acusado de asesinato por la muerte de una adolescente en Pattaya, Tailandia
-
MORE
Search Query Submit Search
Show Search Menu
Submit Search
Trump filing shows he took in about $1.2 billion from crypto businesses last year
Trump filing shows he took in about $1.2 billion from crypto businesses last year
1 of 2 | President Donald Trump said Wednesday he is not involved in managing his finances, insisting outside funds handle his investments. While disclosures show he made about $1.2 billion from cryptocurrency ventures last year, Trump said rising stock market gains have boosted his wealth.
Read More
2 of 2 | Flanked by Sen. Ted Cruz, R-Texas, left, Secretary of Commerce Howard Lutnick, second right, and White House AI and Crypto Czar David Sacks, President Donald Trump displays his signed AI initiative in the Oval Office of the White House, Dec. 11, 2025, in Washington. (AP Photo/Alex Brandon, File)
Read More
Trump filing shows he took in about $1.2 billion from crypto businesses last year
Read More
1 of 2
President Donald Trump said Wednesday he is not involved in managing his finances, insisting outside funds handle his investments. While disclosures show he made about $1.2 billion from cryptocurrency ventures last year, Trump said rising stock market gains have boosted his wealth.
Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share
Share
- Copy
Link copied
Read More
2 of 2 | Flanked by Sen. Ted Cruz, R-Texas, left, Secretary of Commerce Howard Lutnick, second right, and White House AI and Crypto Czar David Sacks, President Donald Trump displays his signed AI initiative in the Oval Office of the White House, Dec. 11, 2025, in Washington. (AP Photo/Alex Brandon, File)
Read More
2 of 2
Flanked by Sen. Ted Cruz, R-Texas, left, Secretary of Commerce Howard Lutnick, second right, and White House AI and Crypto Czar David Sacks, President Donald Trump displays his signed AI initiative in the Oval Office of the White House, Dec. 11, 2025, in Washington. (AP Photo/Alex Brandon, File)
Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share
Share
- Copy
Link copied
Read More
Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Updated 6:26 AM EDT, July 1, 2026
Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share
Share
- Copy
Link copied
NEW YORK (AP) — President Donald Trump took in nearly $1.2 billion from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors were socked with losses.
Mere startups when he took the oath of office, the new ventures have now eclipsed in revenue much of his vast property portfolio that took him decades to accumulate. Fueling their rise were billionaire investors and Trump’s own move to quash a federal crackdown on the industry.
Trump got more than $500 million from his World Liberty Financial business selling new crypto products, including “governance tokens,” according to the required annual disclosure report with the Office of Government Ethics. It also showed another crypto business, CIC Digital LLC, took in more than $600 million from sales of souvenir-type “meme” coins stamped with his face.
Both the tokens and the coins have plunged in value since the sales.
Trump also took in millions last year from selling Trump-branded Bibles, sneakers and other small items in another unprecedented move for the presidency. The sale of Trump-branded watches alone brought in $4.7 million.
Related Stories
Trump administration lifts restrictions on Anthropic’s Claude models after cybersecurity alarm
1 MIN READ
Victor Willis, who co-founded the Village People and co-wrote ‘Y.M.C.A.,’ dies at 74
2 MIN READ
Federal Reserve Chair Warsh emphasizes political independence, signals focus on inflation
2 MIN READ
The 927-page disclosure form paints a stark, if incomplete picture of the massive growth of the president’s wealth since taking office last January through a web of business interests — many of which have benefited from the policy moves of Trump’s own government. Trump has insisted that his sons direct his finances but the arrangement rejects the conflict of interest protections that his recent predecessors in office had instituted.
Forbes estimates Trump’s net worth at $6 billion, up from $2.3 billion in 2024.
The Trump business is growing abroad
The rise of crypto relative to Trump’s property is especially noteworthy because he first rode to office boasting of his property wins. It’s also remarkable because that mainstay business also boomed last year. Trump took in tens of millions in fees from a flurry of new hotel, resort and condo deals overseas that amounts to the biggest property expansion ever in the century since the family business was founded.
Many of those countries were negotiating with the U.S. over tariffs, military aid and other important matters while the family business was striking the deals.
A property in the United Arab Emirates generated $10.4 million for the Trump business last year. One in Saudi Arabia being built by a real estate developer close to the ruling family sent the president’s company $9 million. And one in Bucharest, Romania, and another in Qatar sent him $5 million each.
One of his prominent domestic properties, Mar-a-Lago in Florida, notched big growth last year, too.
Sign up for Morning Wire: Our flagship newsletter breaks down the biggest headlines of the day.
Email address
Sign up
By checking this box, you agree to AP's Terms of Use and acknowledge that AP may collect and use your data pursuant to our Privacy Policy.
Trump took in $77 million from the property, a 50% jump from the year earlier when he was just another citizen, as heads of state and business people flocked to it in his new term.
The disclosure report doesn’t give profit figures, just revenue, so it’s impossible to know how much he is earning.
Trump is now the billion-dollar crypto man
After taking office last year, Trump reversed the Biden administration’s tough stance on the crypto industry and pushed policies friendly to the industry.
But regulators still had some concerns. Before Trump’s World Liberty began selling “governance tokens,” they issued warnings about this new kind of crypto asset, saying that unlike stocks, the tokens offer no ownership stake in the issuing company, just voting power on certain corporate policies, and are difficult to value.
Buyers pounced anyway, including a Chinese billionaire who spent $75 million on the tokens and $200 million on the souvenir coins. In February last year, a federal lawsuit charging him with duping investors was paused before being settled for a $10 million fine.
The billionaire, Justin Sun, has repeatedly denied his spending on Trump businesses had anything to do with his federal case, while World Liberty has dismissed the notion of a conflict of interest.
Meanwhile, investors have seen the value of their Trump-tied holdings drop significantly.
The price of World Liberty tokens has fallen 80% since they started trading in September. And the Trump souvenir coins that spiked to more than $74 in the days after launching in January 2025 now sell for $1.68.
The White House says Trump only acts in the public interest
The White House has repeatedly said Trump put his business in a trust managed by his sons and is not involved in its decisions and that there are no ethics issues to discuss.
“Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest,” spokeswoman Anna Kelly said. “All actions by President Trump and his administration are taken in the best interest of the American people.”
The Trump umbrella company, the Trump Organization, has said its deals overseas were with private companies, not with governments.
Still, it is difficult to know what is truly private in countries ruled by authoritarians, royal families and one-party governments.
For a new Trump resort in Vietnam, the report shows Trump took in $5 million last year after the ruling Communist Party sent its deputy prime minister to sign off on the deal and, according to The New York Times, pushed farmers off the land to make way for the construction.
Whether the deals played any role in changing U.S. policies in ways these countries sought is nearly impossible to know, but the countries did get what they wanted.
Vietnam got tariff relief. Qatar got access to advanced U.S. technology previously off limits, and Saudi Arabia got U.S. fighter jets it had coveted for years.
\\\_
An earlier version of this story incorrectly reported that the disclosure form was released Monday.
Condon is an Associated Press investigative reporter covering breaking news. He has written about the Maui fire, the Afghanistan withdrawal, gun laws, Chinese loans in Africa and Trump’s business.
Read Original at AP News →