The White House discloses Trump's financial status: the resort's main business earns over 100 million a year; WLFI sales reach 57 million dollars.

CN
7 hours ago

Original Title: "Trump's Financial Exposé: Holding 15.7 Billion WLFI Tokens, $50 Million in Sexual Assault Settlement"

Original Author: Wenser, Odaily Planet Daily

As the news of "Tron merging with SRM for a backdoor listing" spreads, the crypto market's attention is once again focused on the Trump family. Although Trump's second son, Eric Trump, clarified in a post that he would not hold a position in the new company Tron.Inc, he and Trump's eldest son, Donald Trump Jr., still have vested interests with the merger facilitator, Dominari Securities, which could bring millions or even tens of millions of dollars in revenue to the Trump family.

This year, from the meme project TRUMP, MELANIA to the DeFi project WLFI, stablecoin USD 1… Trump crypto seems to treat the crypto market as an ATM, profiting extensively. However, the exact amount earned remains a mystery. Last Friday, the White House Office of Government Ethics released Trump's financial disclosure documents, allowing us a glimpse into the celestial palace. In this lengthy 234-page document, a business empire spanning real estate, tourism, media, and cryptocurrency is clearly outlined.

Odaily Planet Daily will briefly summarize Trump's business assets in this article, providing a glimpse into the "shadow business empire" behind the "most powerful person in the world." It is important to note that the cutoff date for this financial disclosure document is January 2025. Therefore, the income related to the "Trump Meme Coin" TRUMP issued on January 18 of this year, as well as subsequent revenues from MELANIA tokens and the issuance of USD 1 related to WLFI, are not included. Nevertheless, Trump's personal assets can already be considered "substantial."

Trump's Fame and Fortune: Balancing Entertainment and Politics, Titles Beyond U.S. President

According to the document, aside from his government-related positions such as U.S. President, Trump's titles also include:

  • General Manager, Chairman, Secretary, and Chief Financial Officer of CIC Digital LLC (as of January 9, 2025) (Note from Odaily Planet Daily: This is a company specifically handling Trump's image licensing in the NFT space, which also holds over $1 million in ETH);

  • General Manager, Chairman, Secretary, and Chief Financial Officer of CIC Ventures LLC (as of January 9, 2025);

  • Current Chairman of Mar-A-Lago Club LLC (Note from Odaily Planet Daily: Referring to the Mar-a-Lago Club, Trump's private residence and membership-based resort, purchased by Donald Trump in 1985);

  • Chairman and Director of Trump Media & Technology Group (as of March 22, 2024);

  • Current Chairman of the Board of the John F. Kennedy Center for the Performing Arts.

It is evident that before assuming the presidency, Trump had distanced himself from potentially risky positions, but he still finds it "hard to let go" of his stronghold and cultural entertainment ventures.

Financial Document Disclosure Information

Main Assets: Resorts Contributing Over $100 Million, WLFI Sales Revenue of $57.355 Million

Looking through Trump's financial documents, there are as many as 22 assets exceeding $50 million, with significant contributions from Trump Media & Technology Group shares, Trump Endeavor 12 LLC, WLFI, and others.

Trump holds 53% of Trump Media & Technology Group shares, which, based on the current market value of $5.129 billion, equates to approximately $2.7 billion in assets; Trump Endeavor 12 LLC contributed the largest single income last year, amounting to $110 million, primarily from golf and hotel-related profits.

WLFI token sales revenue reached $57.355 million, making it the largest cryptocurrency-related income.

WLFI token sales revenue exceeds $50 million (see page 171 of the document)

Royalty Business Income Exceeds $10 Million

As a "celebrity president" who constantly captures the internet's attention, Trump's published books, endorsed brands (including rights of publicity and reputation), and NFT-related royalty income are also substantial, specifically:

  • "Save America": $3 million;

  • "MAGA Journey": $150,000;

  • "Letters to Trump": $250,000;

  • Trump sneakers and perfume: $2.5 million;

  • Trump watches: $280,000;

  • "Greenwood Bible": $130,000;

  • "45" guitar: $105,000;

  • NFT licensing and royalties: $115,000.

Royalty income is astronomical

It is worth mentioning that as a businessman with a strong awareness of intellectual property protection, Trump has applied for hundreds of trademarks worldwide, including in China, South Korea, Venezuela, and other countries, and has specified that such assets do not belong to his personal investments, which also includes assets related to First Lady Melania Trump.

"Trump" prominently listed

Trump's "Interest Business": Golf-Related Income Exceeds $17 Million

Additionally, perhaps due to a natural sensitivity as a businessman or personal interests, the income from golf-related assets in Trump's financial report is also considerable. Aside from the previously mentioned golf course-related income, Trump's RPV Development LLC (Note from Odaily Planet Daily: This company was purchased by Trump in 2017 for $20 million, and the following year it depreciated by $7 million) fully owns VH Property Corp., which contributed over $17 million in income. According to Bloomberg, VH Property Corp. is a golf industry company established in 2000, with business lines including golf-related courses.

Golf-related income as a hobby?

Crypto Holdings: Holding 15.75 Billion WLFI Governance Tokens

Aside from the direct income from WLFI token sales, Trump also holds 15.75 billion governance tokens through an ETH wallet. The financial document values them at around $1,000 to $15,000, with income recorded as less than $201. (Note from Odaily: The first round sale price of WLFI was $0.015, the second round sale price was $0.05, and if calculated at the current off-market price of $0.1, the tokens held by Trump would be valued at $1.57 billion.)

Is Trump also participating in WLFI governance?

Balance Sheet: 11 Liabilities, Involving Real Estate Loans and Lawsuits

Additionally, Trump's financial documents mention his 11 liabilities, which include:

  • Loans for Trump Tower, Trump National Doral Golf Club, 40 Wall Street, etc.: over $50 million;

  • Debts related to the E. Jean Carroll case (Note from Odaily Planet Daily: The woman who previously sued Trump for sexual assault and defamation): over $50 million;

  • American Express credit card debt: $15,000 to $50,000;

Trump's Debt Revealed

Perhaps many would not expect that Trump is also a "seasoned credit card user," a real estate tycoon, business legend, and U.S. president who is also a loyal user of bank credit cards, which only indicates that the road to the popularization of crypto stablecoins still has a long way to go.

Interesting Fact 1: Trump's Financial Document Far Exceeds Biden and Harris

It is noteworthy that this lengthy 234-page financial document includes over a hundred items of income that are less than $201, yet they are still detailed. In contrast, former U.S. President Biden's financial form submitted in 2024 is only 11 pages long, with primary income sources from traditional sources like banks and retirement accounts, while Democratic presidential candidate Harris's financial form is only 15 pages. This highlights the difference in financial situations between a businessman who has navigated the business world for decades and a politician who has navigated the political arena for decades: the former is complex and intricate, while the latter is straightforward.

Interesting Fact 2: Trump Made the Forbes Billionaires List as Early as 1982

According to the "Forbes Real-Time Billionaires List," Trump's current assets are around $5.2 billion, ranking him 718th on the billionaire list. Previously, when we mentioned his wealth in the article "24 Hours Reversed! Musk Just Extended an Olive Branch, Trump Declares 'Relationship Over'," his personal assets were still $5.5 billion, and just a few days later, his wealth shrank by $300 million. It must be said that for wealthy individuals like Trump and Musk, wealth is truly just a numbers game.

As early as 1982, Trump, along with his father Fred, appeared on the very first Forbes 400 list, with the family's total net worth estimated at $200 million.

This son of a commercial real estate tycoon, born with a silver spoon, has now ascended to the presidency of the United States through his own efforts and the opportunities of the times, and in the next four years of his tenure, his personal wealth may continue to expand at an astonishing rate.

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