President Donald Trump 's annual financial disclosure report was released on Tuesday by the U.S. Office of Government Ethics , revealing income of hundreds of millions of dollars from proceeds of crypto tokens and holdings of hundreds of individual company stocks. Trump's disclosure report for 2025, which was the first year of his second non-consecutive term in the White House, totals 927 pages. The report reveals that Trump's crypto-related income included about $515 million from the sale of tokens released by the firm World Liberty Financial, and $65 million from sales of equity in WLF's holding company. WLF is the Trump-linked crypto company co-founded by members of his family that issues the WLFI governance token and USD1 stablecoin. Trump, who first made his name in business with real estate developments in New York, also disclosed that he received $635 million in royalties from what were described as "Celebration Coins." It was not immediately clear what those coins are. The Bloomberg news service reported that the royalties were related to CIC Digital LLC, Trump's memecoin business. Trump's golf and club properties continued to generate major revenue, according to the disclosure. The president reported more than $290 million in income related to revenue from his Mar-a-Lago Club in Palm Beach, Florida, his Trump National Doral golf property, his club in Bedminster, New Jersey, his Jupiter Golf Club and Trump National Washington, D.C. One of the largest bursts of stock buying by Trump detailed in the disclosure occurred on Aug. 18, 2025. The document shows three successive purchases of some of the biggest names in technology Apple, Microsoft, and Nvidia with each trade valued at between $5 million and $25 million. The values of Trump's holdings are given in dollar ranges, not in absolute amounts, as is normal for U.S. government ethics filings. The trades were among the largest individual stock transactions in the disclosure. The Nvidia purchase came exactly one week after Trump announced that Nvidia and AMD had agreed to give the U.S. government 15% of their H20 chip sales to China in exchange for export approval. That deal reopened a key China revenue stream for Nvidia. Apple also announced an additional $100 billion in U.S. investment on Aug. 6, bringing its total planned U.S. commitment to $600 billion. The filing also shows that Trump purchased Amazon stock worth between $500,000 and $1 million on Sept. 23. That was the same day a trial began in Seattle federal court for a lawsuit by the Federal Trade Commission, which alleged Amazon duped customers into paying for Prime memberships. The trial ended two days later after Amazon agreed to settle the suit by paying a $1 billion civil penalty to the FTC and refunds totaling $1.5 billion to an estimated 35 million customers. Trump also reported receiving a total of more than $86 million in settlements of legal disputes from media companies including ABC, CBS, Meta, YouTube and X. The massive filing is peppered with eye-opening assets, some of which are highly valued....
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