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SINGAPORE/NEW YORK (Reuters) -Donald Trump reported more than $600 million in income from crypto, golf clubs, licensing and other ventures in a public financial disclosure report released on Friday.
The annual financial disclosure form, which appeared to cover the 2024 calendar year, shows the billionaire president’s push into crypto added substantially to his wealth.
He also reported large fees from developments and revenue from his other businesses. A Reuters calculation shows the president reported assets worth at least $1.6 billion, overall.
SOME HIGHLIGHTS FROM THE REPORT:
INCOME FROM HOTELS AND GOLF:
The income figures provided are essentially revenue, not net profit after subtracting costs.
Total golf, restaurant and hotel-related income in the United States was $378 million plus another $22 million in management fees.
Trump’s three golf-focused resorts in Florida – Jupiter, Doral and West Palm Beach – and his private members’ club at Mar-a-Lago generated at least $217.7 million in income.
Trump National Doral, the expansive Miami-area golf hub known for its Blue Monster course, was the family’s single largest income source at $110.4 million.
Income from golf and hotels in Ireland and Scotland was 19 million euros plus 28.7 million pounds sterling ($38.9 million).
CRYPTO:
Trump listed $1.16 million in income from his NFTs – digital trading cards in his likeness – while First Lady Melania Trump earned around $216,700 from license fees on her own NFT collection.
ROYALTIES:
Royalty money from a variety of deals was at least $26 million.
That included $1.3 million from the Greenwood Bible (its website describes it as “the only Bible officially endorsed by Lee Greenwood and President Trump”); $2.8 million from Trump Watches, and $2.5 million from Trump Sneakers and Fragrances.
OVERSEAS LICENSE FEES:
License fees from foreign firms for the use of the Trump name generated upwards of $36 million, including $5 million from a development in Vietnam, $10 million in development fees from a project in India and almost $16 million for a Dubai project.
TRUMP’S INVESTMENTS:
Trump’s four investment accounts showed bulk of his investments are in fixed income, with amounts up to $5 million each in a range of corporate, municipal and U.S. government debt.
Equity investments were smaller, with a maximum of $250,000 in individual company stocks.
Larger investments included more than $50 million in the Schwab Government Money Fund and as much as $25 million each in an Invesco short-term Treasury fund and in alternative investment manager Blue Owl Capital.
(Reporting by Vidya Ranganathan; Editing by Stephen Coates)
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