Trump earns over $ 600 million: the business behind the fame!

Trump earns over $ 600 million: the business behind the fame!

Mar-a-Lago, Florida, USA - President Donald Trump generated impressive income of over $ 600 million in 2024, as can be seen from a recent report by the Office of Government Ethics (OGE). These income come from a variety of business areas, including cryptocurrencies, golf plants and license contracts. Trump has organized his business in a fund run by his children, but the income continues to run under his name, which raises questions about possible conflicts of interest in public. Kosmo reports that the majority of its income comes from digital sources.

A remarkable part of the income resulted from the meme cryptocurrency "$ Trump", which earned him around $ 320 million alone. A partnership with the crypto company "World Liberty Financial" contributed an additional $ 400 million to Trump's assets. The company reported $ 57.35 million from token sales, and the founders are Trump's sons Donald Jr., Eric and Barron. Interestingly, the income from the digital collection coin "$ Trump" is not included in this report, since it was only offered shortly before it was taken in January 2025. The time adds that the full income report over 200 pages.

diverse sources of income

Trump has also increased its financial successes through its golf clubs and real estate. From his golf hotels in Florida alone, he generated at least $ 217.7 million. This includes income of around $ 110.4 million from the emblematic "Trump National Doral" in Florida. Trump also recorded international income, including $ 16 million from license fees in Dubai and eight million dollars from various projects in India and Vietnam.

In addition to the higher income from his golf courses and crypto-based shops, Trump also reported income from other areas, about $ 2.8 million from Trump watches and $ 1.16 million from NFT digital maps. His wife, Melania Trump, also achieved $ 216,700 with her own NFT collection.

political implications and crypto controversy

The influence of cryptocurrencies on Trump's financial situation should not be underestimated, especially in a political context in which dealing with digital currencies is becoming increasingly important. Trump's promise to make the United States a "Bitcoin superpower" and its announcement to reduce regulatory hurdles reflect the growing relevance of the crypto industry. These developments are not without controversy because the regulation of cryptocurrencies is a hotly discussed topic. lexicanum emphasizes that political decisions can significantly influence the cryptoma market, which is shown in the courses and the acceptance of Bitcoin and other cryptocurrencies.

Trump reports a total assets of at least $ 1.6 billion. The fact that this report now dates from the second term of office of the President could also have an impact on the discussion about conflicts of interest and ethics in the executive, since the White House has not yet made any statement on these financial results.