Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Business

Trump made millions on guitars, Bibles and watches with his name on them, disclosure reveals

by June 16, 2025
June 16, 2025
Trump made millions on guitars, Bibles and watches with his name on them, disclosure reveals

President Donald Trump continues to enjoy income streams from scores of luxury properties and business ventures, many of which are worth tens of millions of dollars, according to a financial disclosure form filed late Friday.

Released by the Office of Government Ethics, Trump’s 2025 financial disclosure spans 234 pages in all, including 145 pages of stock and bond investments. It is dated Friday with Trump’s signature.

One of the largest sources of income is the $57,355,532 he received from his ownership stake in World Liberty Financial, the cryptocurrency platform launched last year. The form shows that World Liberty’s sales of digital tokens have been highly lucrative for Trump and his family. Trump’s three sons, Donald Jr., Eric and Barron, are listed on the company’s website as co-founders of the firm.

Separately, Trump’s meme coin, known on crypto markets simply as $TRUMP, was not released until January and is therefore not subject to the disclosure requirements for this form, which covered calendar year 2024.

It was a lucrative year for Trump when it came to royalty payments for the various goods that are sold featuring his name and likeness.

Among the royalty payments:

The filing also includes a listing of liabilities, including at least $15,000 on an American Express credit card and payments due to E. Jean Carroll, the woman who successfully sued Trump over sexual abuse and defamation, though he is still seeking to appeal the decision.

The rest of the document includes dozens of pages of lengthy footnotes about his various assets.

The form was filed to comply with federal requirements for executive branch office holders. By comparison, the form former President Joe Biden filed in 2024 was 11 pages and consisted largely of conventional sources of income like bank and retirement accounts, while Kamala Harris’ was 15 pages.

Many of Trump’s key assets are held in a revocable trust overseen by Donald Trump Jr., his eldest son. They include more than 100,000 shares of Trump Media and Technology Group, the social media company that went public in 2024. Trump is the largest shareholder, and his nearly 53% is worth billions of dollars. Those holdings were still disclosed in the form.

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Netanyahu says Israel’s operation may lead to regime change in Iran. How likely is that?
next post
Supreme Court hands Ed Sheeran legal win in Marvin Gaye copyright fight

You may also like

Trump Organization sues Capital One bank over account...

March 10, 2025

JPMorgan begins suing customers who allegedly stole thousands...

October 29, 2024

Darden Restaurants sales disappoint as Olive Garden, LongHorn...

March 20, 2025

Starbucks announces several changes, including plans to cut...

January 30, 2025

U.S. charges former Wamco executive Kenneth Leech with...

November 26, 2024

23andMe files for bankruptcy as co-founder Anne Wojcicki...

March 25, 2025

Elon Musk and Sam Altman spar over Trump’s...

January 25, 2025

All Quiksilver, Billabong and Volcom stores to close...

February 7, 2025

Caroline Ellison, former FTX exec, sentenced to 2...

September 26, 2024

UnitedHealthcare sued by shareholders over reaction to CEO’s...

May 8, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • ‘It’s wrong’: Hawley warns Senate GOP not to boot Americans from Medicaid in Trump megabill

      June 16, 2025
    • Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill

      June 16, 2025
    • FLASHBACK: Trump launched his first presidential campaign ten years ago

      June 16, 2025
    • Mike Johnson calls off Israel trip amid Iran conflict

      June 16, 2025
    • Iran’s Mossad paranoia grows, amid fears of Israeli spies wearing ‘masks, hats and sunglasses’

      June 16, 2025
    • Trump says Iran would ‘like to talk’ about dialing down Israel-Iran conflict

      June 16, 2025

    Categories

    • Business (675)
    • Investing (661)
    • Politics (4,516)
    • World News (3,030)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 WhaleLargeCapital.com | All Rights Reserved