Trump Declared 820 Billion Won Income Last Year, with 78.4 Billion Won from Tokens

19 hours ago
BLOCKMEDIA
BLOCKMEDIA
Trump Declared 820 Billion Won Income Last Year, with 78.4 Billion Won from Tokens

Image source: Block Media

# Trump Amasses $600 Million in 2022 From Cryptocurrency Ventures and Real Estate Holdings Former U.S. President Donald Trump reportedly accumulated substantial income in 2022, driven by cryptocurrency ventures, real estate holdings, and licensing agreements totaling approximately $600 million (₩820 billion), as revealed by a financial disclosure from the U.S. Office of Government Ethics (OGE). ## Cryptocurrency Profits From Sons’ Enterprise Reports from Reuters and CNN indicate that Trump's earnings included $57.35 million (₩78.4 billion) from a blockchain-based token launched by "World Liberty Financial" (WLF), a crypto platform founded by his sons, Donald Trump Jr. and Eric Trump, in September 2022. The report also indicates WLF holds $15.75 billion (₩21.5 trillion) in cryptocurrency tokens. ## Real Estate as a Key Revenue Source Trump’s extensive real estate portfolio significantly boosted his income. His Florida-based golf resorts—Jupiter, Doral, West Palm Beach—and the renowned Mar-a-Lago club collectively generated at least $217.7 million (₩2.98 trillion). Notably, the Doral resort contributed $110.4 million (₩1.51 trillion) to this total. ## Income From Global Licensing Deals Additional income stemmed from various international licensing agreements, including $5 million (₩6.8 billion) from a Vietnamese development project, $10 million (₩13.6 billion) from Indian real estate deals, and $16 million (₩21.8 billion) in licensing fees from ventures in the United Arab Emirates (UAE). ## Growth in Digital Assets: NFTs and Branded Merchandise The former president also capitalized on the expanding digital assets market. Collaborations like the sale of the "Greenwood Bible," co-created with country singer Lee Greenwood, earned $1.3 million (₩1.7 billion). Further revenue came from Trump-branded products, including $2.8 million (₩3.8 billion) from "Trump Watches," $2.5 million (₩3.4 billion) from sneakers and perfumes, and $1.16 million (₩1.58 billion) from digital trading cards featuring his likeness. ## Absence of Trump Meme Coin Earnings for 2023 The report primarily focuses on 2022, omitting potential revenues from Trump’s meme coin, $TRUMP, launched shortly before leaving office in January 2023. Reuters estimates $TRUMP token-related transaction fees at $320 million (₩4.38 trillion). However, the allocation of this revenue remains unclear, raising concerns about potential conflicts of interest due to Trump’s regulatory influence over cryptocurrency policies while profiting from the coin. ## Investment Income and Total Net Worth The report also highlighted income from investments in funds managed by Blue Owl Capital, Charles Schwab, and asset manager Invesco, generating at least $12 million (₩16.4 billion) in interest and dividends. According to Reuters, Trump's net worth is estimated to exceed $1.6 billion (₩2.19 trillion). ## Financial Disclosures for Melania Trump The financial documents also included details for Melania Trump, the former first lady. She earned $475,000 (₩6.5 billion) for a speech at a New York event for conservative LGBTQ groups and approximately $217,000 (₩300 million) from her NFT sales. Trump's diverse income sources, spanning traditional real estate, innovative blockchain ventures, and digital collectibles, underscore the varied revenue streams driving the former president’s financial portfolio.
View original content to download multimedia: https://www.blockmedia.co.kr/archives/927501

Recommended News