President Donald Trump recently filed a required financial disclosure form outlining his 2025 income, which drew attention to the scale of his wealth — an estimated increase of more than $2 billion in one year. Trump responded to critics by saying he profited because the stock market is going up and he has a lot of money and cash.

Income Sources

However, the financial disclosure form shows that Trump’s sizable stock holdings make up more than 800 pages of the 927-page document, and they have undoubtedly increased in value along with the rest of the stock market. The form also reveals several major sources of income that have nothing to do with the stock market, including $1.4 billion from cryptocurrency and $400 million from non-stock sources such as real estate, legal settlements, overseas licensing agreements, and branded merchandise.

According to Kedric Payne, general counsel for the Campaign Legal Center, the vast majority of what Trump is reporting has increased outside of a direct connection to the stock market. The White House did not dispute these calculations, stating that President Trump has a lot of assets because he was a massively successful businessman prior to becoming President.

Cryptocurrency Ventures

Trump’s reported income from cryptocurrency ventures, including World Liberty Financial and Celebration Coins, is roughly $1.4 billion. However, rank and file investors have fared less well as the currency’s value has declined, with nearly 1 million people who bought his meme coin having collectively lost $3.81 billion in value through the end of June.

Other non-stock income sources added another $400 million, including $196 million from real estate, $88.5 million from legal settlements, $65 million from overseas licensing agreements, and $8 million from Trump-branded merchandise.

Original reporting: WRAL Raleigh — read the source article.