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#特朗普披露超6亿美元加密收入 Trump’s 927-Page Financial Report Exposed: Three-Time Increase in Apple, Microsoft, and Nvidia Holdings, Gold Bar Positions Also Revealed
The 927-page filing shows that Trump’s 2025 income structure is diversified. Crypto business contributes significantly. Real estate projects continue to generate cash flow. Meanwhile, he also adds to holdings in technology stocks such as Apple, Microsoft, and Nvidia, and holds safe-haven assets such as gold bars.
The U.S. Office of Government Ethics (U.S. Office of Government Ethics) released President Trump’s 2025 annual financial disclosure report on Tuesday. The 927-page document records his assets and income in the first year after his return to the White House, as he began the first year of a second non-consecutive term. The size of cryptocurrency-related gains stands out in particular.
The disclosed information shows that Trump reaped major returns through businesses associated with World Liberty Financial: revenue from the issuance of tokens is about $515 million, and in addition he received $65 million from selling equity in the company’s controlling entity. The company was co-founded with the participation of Trump family members and mainly issues WLFI governance tokens and USD1 stablecoins.
Besides digital assets, his traditional business landscape still maintains a high level of profitability. The filing discloses that projects including the Mar-a-Lago Club in Palm Beach, Florida; Trump National Doral; Bedminster in New Jersey; Jupiter Golf Club; and Trump National Golf Club in Washington, D.C., collectively contributed more than $290 million in revenue.
In terms of investments, the filing records a key transaction that took place on August 18, 2025. On that day, Trump bought technology company stocks three times in a row, including Apple (AAPL), Microsoft (MSFT), and Nvidia (NVDA), with the amount of each transaction falling in the range of $5 million to $25 million. Under the filing rules, such assets are disclosed in ranges rather than specific figures.
The timing of the Nvidia-related transaction is close to a policy arrangement. Just one week earlier, Trump announced that Nvidia and AMD agreed to remit 15% of their H20 chip sales revenue to the U.S. government for sales to China, in exchange for export licenses—an arrangement that enabled Nvidia to resume revenue channels in the Chinese market. At the same time, Apple announced on August 6, 2025 that it would increase its U.S. investment commitment by $100 billion, bringing the cumulative investment scale to $600 billion.
The disclosure document also lists several high-value assets. For example, on page 157 of the document, a gold bar investment is marked as being worth between $500,000 and $1 million.
The report also reflects gifts received, with a total value of more than $370,000, mainly consisting of tickets to sports events. FIFA President Gianni Infantino gifted 10 tickets to the Men’s World Cup, worth $15,000; New Orleans Saints owner Gayle Benson provided 10 tickets to Super Bowl LIX; and UFC CEO Dana White gave two events a set of 15 tickets each. In addition, there are multiple tickets from the NFL, MLB, NCAA, and golf events.
The filing also records a statue gift valued at $250,000, given by Sticker Mule CEO Anthony Constantino. The statue recreates the image of Trump raising his fist after surviving an assassination attempt in Butler, Pennsylvania.
First Lady Melania Trump’s income and assets are also included in the disclosure. She earned net gains of $10.7 million through a licensing agreement for the documentary Melania. Another licensing agreement with Skyhorse Publishing generated $521,161. In addition, a licensing agreement involving “the sale of non-fungible tokens (NFTs) and other collectibles” contributed $6,011,259 to her.
On the same day, the U.S. Office of Government Ethics also released Vice President JD Vance’s financial disclosure document. By comparison, this report is only 17 pages. It covers his book income, Narya Capital earnings, income related to the Rise of the Rest Seed Fund, in which he previously served as a managing partner, and a Bitcoin asset valued between $250,000 and $500,000.