President Donald Trump on Wednesday dismissed questions about the vast amounts of money disclosed in his extensive 2025 financial disclosure, saying his investment decisions were made by outside parties and that he only profited because the stock market was up.
“I don’t interfere in my personal affairs – we have funds that manage my money,” Trump told reporters at Joint Base Andrews before boarding a jumbo jet donated by Qatar that was converted into the new Air Force One.
Trump was asked what message Americans should take away from his highly lucrative first year in the White House.
“Well, I made a lot of money before I became president and they invest my money and I don’t talk to them. I never talk – I don’t even talk to them,” Trump said.
“I don’t know what they call it – closed accounts or something. You put your money in and that’s it. I don’t talk to them, they’re big institutions and they run it,” Trump said.
He added that he had “a great career in business,” then wondered aloud, “I don’t know if I had a better career in politics or in business.”
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In fact, Trump made significantly more money in 2025 than he did the year before. He reported at least $2.24 billion in revenue last year based on the employment assets and income he disclosed, according to a CNBC analysis of his annual disclosure forms. In comparison, at least $622 million was reported in 2024, before he returned to the White House, according to the New York Times.
This increase is largely due to the approximately $1.2 billion in cryptocurrency-related revenue that Trump reported in his 927-page disclosure.
The crypto figure includes about $580 million related to World Liberty Financial, the company co-founded by members of Trump’s family that issues the WLFI governance token and the $1 stablecoin. World Liberty launched USD1 in March 2025 after Trump began his non-consecutive second term as president.
Trump also announced that he received $635 million in royalties from so-called “celebration coins.” According to the disclosure, the royalties are tied to CIC Digital LLC, Trump’s memecoin business.
“What they’re doing is we’ve given it – I think it’s called a blind account,” Trump said of his money managers. “Basically they embrace it, and I intentionally never talk to the people who manage the money. But they are large institutions and they invest in everything they invest in.”
When asked by critics who accused him of profiting from the presidency, Trump replied: “Well, you know why I profit, because the stock market goes up, everyone profits.”
According to the Securities and Exchange Commission, 54.4% of Americans are invested in the stock market.
“So we all benefit. I benefit because I have a lot of money and a lot of cash and I give it to institutions,” Trump said. “I don’t know if they know what they’re doing or not, but they buy a wide variety of things.”
U.S. President Donald Trump speaks to the press before boarding Air Force One for his first flight aboard the Boeing 747-8 that Qatar donated to the United States for business travel at Joint Base Andrews in Maryland, July 1, 2026.
Saul Loeb | Afp | Getty Images
The extensive financial document also shows Trump’s purchases and sales of hundreds of company stocks. Some individual transactions amounted to millions of dollars, with the largest value ranging from $5 million to $25 million.
Some of these stock transactions occurred shortly before or after important news related to the respective companies. For example, the form shows that Trump bought Amazon Stocks worth between $500,000 and $1 million on Sept. 23, the same day a trial began over federal allegations that Amazon tricked customers into paying for Prime memberships.
Trump’s previous financial disclosure report, released in May and covering the first three months of 2026, also raised concerns about possible conflicts of interest, all of which the White House has denied.
“Neither the President nor his family have ever been, and never will be, involved in conflicts of interest,” White House spokeswoman Anna Kelly told CNBC in an email on Wednesday.
While CNBC had asked for clarity on who manages Trump’s finances, Kelly’s statement appeared tailored to defend the president’s crypto-related disclosures.
“President Trump has proudly made the United States the crypto capital of the world through executive actions, support of legislation like the GENIUS Act, and other common-sense policies to advance innovation and economic opportunity for all Americans,” Kelly said.
She also claimed that any reporters questioning whether Trump’s actions were in the best interests of Americans are “repurposing the same, tired, false narrative that Democrats and the legacy media have been promoting for a decade.”
Trump ignored a question about conflicts of interest on Wednesday morning.
—Nick Wells contributed to this report.
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https://www.cnbc.com/2026/07/01/trump-money-financial-disclosure-crypto-billions.html
