Economy02:21 · 1h ago

Trump Earns $1.2 Billion From Cryptocurrency Businesses in 2023, US Report Shows

YnetCenter
Translated & summarized from Ynet by baba
The story · English

A federal report released in the United States reveals that former President Donald Trump generated approximately $1.2 billion in revenue from his cryptocurrency ventures last year. According to the Associated Press, over $500 million of this income came from World Liberty Financial, a company selling new crypto products, while more than $600 million was earned through the sale of meme coins featuring Trump's image. The report details revenues rather than profits and highlights a significant increase in Trump's wealth since his return to the political spotlight. Additionally, the report notes income from branded merchandise sales and international real estate transactions. The White House maintains that Trump's businesses are managed by his sons and denies any conflict of interest.

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