Trump earned more than $1.4 billion last year from his family-backed crypto ventures, including World Liberty Financial and the Trump meme coin, according to disclosures filed with the US Office of Government Ethics.

A Reuters analysis of the filings showed that as crypto earnings surged, Trump’s holdings in stocks and bonds also expanded sharply. His traditional investment portfolio grew from an estimated $225 million-$608 million at the end of 2024 to $703 million-$2.6 billion by the end of 2025.

The disclosures do not reveal exactly how Trump allocated his crypto earnings, but Reuters said the filings indicate that the president has preferred to move a large portion of the proceeds into conventional…