Golf clubs, crypto become major earners for Donald Trump, reveal mandatory financial filings

The annual financial disclosure form of US President Donald Trump that supposedly covered the year 2024 was released by the United States Office of Government Ethics (USOGE) on Friday night (Saturday morning in India). It revealed that the real estate magnate-turned-world leader made over $600 million in income from cryptocurrency, licensing fees, and, surprisingly, golf.

A rough calculation of the form and publicly available information put Donald Trump’s assets in the 2024 calendar year to be north of $1.5 billion. It could have gone up from the time he took office.

The USOGE disclosure was dated June 13, but it did not cite the period for the financial details. However, a close analysis of certain cryptocurrency particulars suggests the 12-month period ending December 2024.

Jupiter, Doral, and West Palm Beach—Trump’s Florida golf clubs—along with Mar-a-Lago generated more than $215 million, while Miami-based golf club Trump National Doral raked in more than $110 million.

Donald Trump was on his way to becoming a crypto mogul in 2024 ahead of his run for office. Trump reportedly made close to $60 million from token sales from his crypto platform, World Liberty Financial. Melania Trump added an additional $217,000 in licensing fees related to a digital token.

The USOGE filing is a mandatory disclosure report, and it revealed areas of possible conflict of interest for the US President, especially since the US Government could shape policies.

Moreover, Trump last year also revealed the crypto ‘memecoin‘ $TRUMP, but the disclosure did not include details on it.

However, the USOGE filings point to the fact that Trump transitioned from a real estate mogul to a crypto czar in the course of 2024.