President Donald Trump was wealthy long before he became known to the public. He first rose to millionaire status at age 8 (1) thanks to family foundations, before establishing himself as a bigwig in luxury development after inheriting his father’s eponymous construction company in the ’70s (along with several family foundations and loans (2) over the years).
His fortune has long been criticized, but the $2.2 billion he earned in 2025 alone is particularly in the spotlight right now.
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One of the other major factors in Trump’s massive $2.2 billion turnover, according to the US Office of Government Ethics’ 927-page disclosure (3), was the sale of a stake in his crypto company World Liberty Financial, which benefited from his policies promoting digital assets, as well as $635 million in royalties from his meme coin – which represented a loss for two-thirds of investors (3) – as well as brand deals worth millions of dollars.
Before that windfall was quantified in 927 pages of financial disclosures released this week, the White House had criticized reporters who suspected Trump was profiting from his time in office, telling them (4): “This is a president who actually lost money because he was president of the United States…he left behind a life of luxury and a life of running a very successful real estate empire for public service, not just once, but twice.”
CNN stated in the fall of 2020 that Trump was “much less rich (5) than when he was elected president,” largely due to declines in real estate values and the impact of COVID on his businesses. And to be fair, the leader’s net worth actually fell by about $600 million the year he took his first term (6) and by another $100 million the following year (7).
However, Forbes estimates that the president is now worth about $6.3 billion (8) during his current term, and a large portion of that is the $2.2 billion (9) he earned in 2025, which, although not from his role as president, has been condemned by senators like Elizabeth Warren and others.
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Most of Trump’s payday is due to crypto windfalls
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The incredible billion figure is due in part to $1.4 billion (3) in profits the Trump family made from their cryptocurrency investments in 2025. Trump’s defense (10) is that he benefits because “the stock market goes up, so everyone benefits,” and while the stock market has gone up (11), critics cry corruption and point to Trump’s position of power in crypto policy.
Warren is now calling for the president (whose tax forms are still not released), the vice president, senior administration officials, members of Congress and their families to be banned from profiting from the crypto sector. “If not, it will only accelerate Donald Trump’s brazen crypto corruption,” she wrote in a June 30 statement (12).
The president, meanwhile, has claimed that the investments in question were held in blind trusts managed by third parties.
“I don’t interfere in my personal (finances), we have funds that manage my money. I made a lot of money before I became president and they invest my money and I don’t talk to them,” he said in response to questions outside Air Force One on the subject, July 1 (13). His team has firmly denied any conflicts of interest.
Trump has been open about his goal of making America the crypto capital of the world (14), which included establishing the first federal regulatory system for stablecoins and other bureaucratic changes ranging from “ending regulatory efforts that deny banking services to the digital assets industry” to “resolving existing gaps in regulatory oversight.” Some of these are increasing oversight, others are reducing it, removing Biden-era restrictions to support sector growth.
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Business Insider (1); Wsj (2), (3); The Hill (4); CNN(5); NBC News (6); time (7); Forbes (8); The Guardian (9); Yahoo (10); Finance Yahoo (11); Banking Senate (12); CBS News (13); White House (14)
This article originally appeared on Moneywise.com with the title: White House said Trump ‘lost money’ in office – then its disclosure revealed $2.2 billion profit in 2025
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https://finance.yahoo.com/markets/crypto/articles/white-house-said-trump-lost-165251196.html
