The 927-page filing for 2025 revealed that Trump's biggest earnings came from digital assets, including $635 million in royalties linked to his Trump meme coin and more than $500 million from World Liberty Financial, the cryptocurrency company founded by his sons alongside the sons of special envoy Steve Witkoff.
The crypto windfall significantly exceeded the more than $600 million Trump disclosed in his previous financial report covering 2024.
The White House rejected suggestions that the president's business interests created a conflict of interest, noting that his companies are held in a trust managed by his sons.
White House deputy press secretary Anna Kelly said: "Neither the President nor his family has ever engaged - or will ever engage - in conflicts of interest.
"All actions by President Trump and his administration are taken in the best interest of the American people – and any so-called 'reporters' pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade."
Kelly also said Trump had proudly made the United States "the crypto capital of the world".
Trump, who once described Bitcoin as a "scam" and a "disaster waiting to happen", embraced the cryptocurrency industry during his presidential campaign and signed an executive order supporting its growth shortly after returning to office.
The filing also detailed income from Trump's property empire, including around $122 million from his Doral golf resort in Florida and approximately $77 million from his Mar-a-Lago club. His golf clubs in Bedminster, New Jersey, Jupiter, Florida, and Turnberry, Scotland each generated more than $30 million.
Away from property, Trump earned $4.7 million in royalties from Trump-branded watches, alongside income from Bibles, trainers, fragrances and guitars.
First Lady Melania Trump disclosed earnings of $10.7 million from a licensing agreement connected to a documentary released last year, as well as a further $6 million from sales of non-fungible tokens (NFTs).
Richard Painter, former chief White House ethics lawyer under President George W. Bush, described the crypto earnings as "extraordinary".
He said: "Of course it's a conflict of interest."
The filing also listed $86.5 million from legal settlements involving companies including ABC, CBS, Meta, YouTube and X, although the White House said most of those funds would support Trump's future presidential library or a nonprofit maintaining parks in Washington DC.
