Original Title: "Trump's Financial Exposé: Holding 1.57 Billion WLFI Tokens, $50 Million Sexual Assault Settlement"
Original Author: Wenser, Odaily Planet Daily
As the news of "TRON's Alleged Reverse Merger with SRM Corporation for IPO" spreads, the crypto market's attention has once again turned to the Trump family. Although Trump's second son, Eric Trump, issued a statement clarifying that he will not serve in any capacity at the new company, Tron.Inc, both he and Trump's eldest son, Donald Trump Jr., appear to maintain financial ties with Dominari Securities, the broker facilitating the merger. This connection is speculated to bring millions, if not tens of millions, of dollars to the Trump family.
From meme projects like TRUMP and MELANIA to DeFi projects like WLFI and stablecoins such as USD 1, Trump-branded crypto appears to have turned the crypto market into a cash cow, greedily extracting profits. However, the exact extent of these earnings has remained opaque—until now. Last Friday, the Office of Government Ethics at the White House released Trump’s financial disclosure document, shedding light on just a fragment of his empire. In this 234-page document, a sprawling commercial empire spanning real estate, tourism, media, and cryptocurrency comes sharply into focus.
Odaily Planet Daily provides a concise summary of Trump’s business holdings in this article, offering a glimpse into the "shadow business empire" behind "the most powerful man in the world." Note: The financial disclosure document is valid up until January 2025. Therefore, revenue derived from ventures initiated after that date—such as the "Trump Meme Token" (TRUMP) issued on January 18 of this year, along with subsequent tokens like MELANIA and WLFI’s USD 1—are not included. Despite this omission, Trump’s personal wealth remains nothing short of "substantial."
According to the disclosure, besides his government role as President of the United States, Trump’s additional titles include:
· General Manager, Chairman, Secretary, and Financial Officer of CIC Digital LLC (as of January 9, 2025) (Editor’s Note, Odaily Planet Daily: This is a company specializing in Trump’s image licensing business within the NFT space, and it reportedly holds ETH valued at over $1 million);
· General Manager, Chairman, Secretary, and Chief Financial Officer of CIC Ventures LLC (until January 9, 2025);
· Current Chairman of Mar-A-Lago Club LLC (Odaily Planet Daily<\/em> note: referring to the Mar-a-Lago Club, a private estate and membership club acquired by Donald Trump in 1985, also serving as his private residence);
· Chairman and Board Member of Trump Media & Technology Group (until March 22, 2024);
· Current Chairman of the John F. Kennedy Center for the Performing Arts Board.
It’s apparent that even before his presidential tenure, Trump had already distanced himself from roles that might pose potential risks. However, he remains deeply tied to his primary base and pursuits in cultural and performing arts.
Financial Disclosure Information
A glance at Trump’s financial filings reveals 22 assets exceeding $50 million each. The most notable contributions came from shares in Trump Media & Technology Group, Trump Endeavor 12 LLC, and WLFI-related ventures.
Trump holds a 53% stake in Trump Media & Technology Group, which, based on its current valuation of $5.129 billion, translates to approximately $2.7 billion in assets. Trump Endeavor 12 LLC, on the other hand, generated Trump’s largest single revenue stream last year, amassing $110 million, primarily driven by profits associated with golf and hotel operations.
The sale of WLFI tokens brought in a staggering $57.355 million, representing the largest source of cryptocurrency-related revenue.
WLFI token sales exceeded $50 million (as detailed on page 171 of the document)
As a "celebrity president" who consistently captures the attention of the internet, Trump has also garnered considerable royalty income from his book publications, brand endorsements (such as image and publicity rights), as well as NFT-related ventures. Specifically:
· *Save America*: $3 million
· *MAGA Journey (Make America Great Again)*: $150,000
· *Letters to Trump*: $250,000
· Trump-branded sneakers and perfumes: $2.5 million
· Trump watches: $2.8 million
· *The Greenwood Bible*: $1.3 million
· "45" guitars: $1.05 million
· NFT licensing and royalties: $1.15 million
Royalty income has reached astronomical figures
Worth noting is that Trump, as a businessman with a strong awareness of intellectual property protection, has applied for hundreds of trademarks worldwide, including in China, South Korea, Venezuela, and other countries. He has explicitly stated that these assets do not constitute personal investments, which also include assets related to the First Lady, Melania Trump.
"Trump" is prominently listed
Additionally, whether due to the instincts of a businessman or personal hobbies, golf-related assets as per Trump’s financial disclosures have brought in substantial revenue. Excluding the previously mentioned income from golf courses, RPV Development LLC—fully owned by Trump (Odaily Planet Daily Note: This company was acquired by Trump in 2017 for $20 million, losing $7 million in value the following year)—has a subsidiary, VH Property Corp., which contributed over $17 million in income. According to Bloomberg, VH Property Corp. is a golf industry company incorporated in 2000, with business lines that include golf-related training programs.
Is income from golf-related activities considered a hobby-based way of making money?
Apart from direct revenue from WLFI token sales, Trump holds an additional 15.75 billion governance tokens through his ETH wallet. Financial filings assess their value at around $1,000 to $15,000, with declared income listed as less than $201. (Odaily Note: In the first round of sales, WLFI tokens were priced at $0.015, the second round at $0.05. Based on the current OTC price of $0.1, Trump's holdings are worth approximately $1.57 billion.)
Is Trump getting involved in WLFI governance?
In addition, Trump’s financial filings also document 11 liabilities, including:
· Loans tied to Trump Tower, Trump National Doral Golf Club, and 40 Wall Street: Exceeding $50 million;
· Debt related to E. Jean Carroll (Odaily Note: The woman who previously sued Trump for sexual assault and defamation): Over $50 million;
· American Express credit card debt: $15,000-$50,000;
Revealing Trump's Liabilities
Perhaps many people wouldn’t expect that Trump is also a “seasoned credit card user.” The real estate tycoon, business legend, and former President of the United States remains a loyal patron of bank-issued credit cards, highlighting how much ground is left to cover in the adoption of crypto stablecoins.
It is worth noting that this 234-page financial file lists hundreds of income entries amounting to less than $201 each, yet they are detailed nonetheless. In contrast, former President Biden's 2024 financial disclosure is merely 11 pages long, primarily listing traditional income sources like banks and retirement accounts. Similarly, Democratic presidential candidate Kamala Harris's form spans just 15 pages. This starkly highlights the difference between the financial complexities of a businessman navigating decades of market tides versus a career politician: the former’s finances are intricate beyond measure, while the latter’s are comparatively straightforward.
```According to the Forbes Billionaires Real-Time Rankings, Trump currently has an estimated net worth of around $5.2 billion, ranking 718th on the list. In a previous article titled "24-Hour Reversal! Musk Extends an Olive Branch, Trump Declares 'Relationship Over'", we mentioned that Trump's net worth stood at $5.5 billion when comparing his wealth to Musk's. Just a few days later, his fortune shrank by $300 million. It has to be said that for the likes of Trump and Musk, net worth is truly just a number game.
As early as 1982, Trump, along with his father Fred, made it onto the inaugural Forbes 400 list of the richest Americans, with their family's total net worth estimated at $200 million at the time.
This son of a real estate tycoon, born with a silver spoon, has climbed to the position of U.S. President thanks to his own efforts and the opportunities presented by the times. Over the next four years of his term, it is likely that his personal wealth will continue to grow at an astonishing pace.
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