Donald Trump uses his presidency to enlarge his private fortune in ways that none of his predecessors ever ventured to attempt.

In his first year back in office, Trump reported $2.2 billion in income, of which about $1.4 billion represented new revenues from cryptocurrency businesses, according to his annual Personal Financial Disclosure for 2025, released June 30.

Trump, as president last year, thus hauled in more money than he did in any previous year. One big chunk of the $1.4 billion was $635 million from a license agreement for his so-called $TRUMP digital “meme” coins, also called “crypto” coins or “tokens.”

$TRUMP coins surfaced three days before his inauguration on Jan. 20, 2025. The following month, Trump’s…