United States President Donald Trump has defended earning an estimated $1.2 billion from his family’s cryptocurrency ventures last year, arguing that his gains reflect the broader rise in financial markets.
Speaking to reporters on Wednesday before boarding a new Air Force One aircraft donated by Qatar, Trump dismissed claims that he was using the presidency to enrich himself.
“You know why I’m profiting, because the stock market’s going up, everybody’s profiting,” Trump said.
Responding to concerns over a possible conflict of interest, the president maintained that his personal finances are managed through blind trusts, preventing him from influencing investment decisions.
“I don’t get involved in my personal (finances), we have funds that run my money,” he said. “I’ve made a lot of money before I became president, and they invest my money, and I don’t talk to them.”
Trump also attributed his wealth to his long-standing business career, even though the reported earnings were linked to cryptocurrency ventures launched after his return to the White House.
“I don’t know if I’ve had a better career in politics or business, but I had a great career in business, and you know, you saw the cash, and you report the different things,” he said.
“So we’re all profiting. I’m profiting because I have a lot of money and a lot of cash.”
Financial disclosure documents released on Tuesday by the United States Office of Government Ethics revealed that Trump earned nearly $550 million in 2025 through his links to World Liberty Financial.
The crypto company was co-founded in September 2024 by Trump’s sons alongside the son of Trump’s Middle East special envoy, Steve Witkoff.
The 927-page disclosure also reported that Trump received about $635 million in royalties under a licensing agreement tied to the $TRUMP cryptocurrency, which was launched just hours before his inauguration in January 2025.
According to Forbes, Trump’s cryptocurrency ventures have significantly boosted his wealth, with his net worth rising from $2.3 billion in 2024 to $6.5 billion by 2026.
During his presidency, Trump has introduced policies aimed at easing regulations on the cryptocurrency industry, contributing to a surge in digital asset prices. The White House has said he has “proudly made the United States the crypto capital of the world.”
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