Economy July 1, 2026 09:00 AM

Trump Says He Is Not Involved in Personal Finances as Disclosure Shows $1.4 Billion From Family Crypto Venture

President attributes gains to a rising stock market after filing shows nearly $800 million paid to his companies from World Liberty Financial

By Sofia Navarro
Share
Twitter Reddit Facebook LinkedIn

President Donald Trump told reporters he does not manage his personal finances and that professional funds handle his assets, a day after an annual ethics filing reported more than $1.4 billion in income tied to his family's crypto ventures. The 2025 disclosure to the U.S. Office of Government Ethics shows his companies received almost $800 million from World Liberty Financial, with more than $520 million from token sales and over $250 million from the sale of business interests.

Trump Says He Is Not Involved in Personal Finances as Disclosure Shows $1.4 Billion From Family Crypto Venture
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • The 2025 disclosure to the U.S. Office of Government Ethics reports over $1.4 billion in income tied to the president's family crypto ventures.
  • Companies controlled by the president reportedly received almost $800 million from World Liberty Financial, including more than $520 million from crypto token sales and over $250 million from sales of interests in the business - income the president splits with family.
  • The president told reporters at Joint Base Andrews that he does not personally manage his finances, saying "We have funds that run my money," and attributed his gains to the broader rise in the U.S. stock market.

President Donald Trump said on Wednesday he is not involved in the day-to-day management of his personal finances, emphasizing that outside funds handle his money. His remarks came a day after his annual financial disclosure for 2025 with the U.S. Office of Government Ethics showed substantial receipts tied to the family's crypto ventures.

Speaking to reporters at Joint Base Andrews as he prepared to fly to North Dakota, the president stated, "I don’t get involved ... We have funds that run my money." He added that many people are benefiting because the stock market has been rising, saying, "You know why I’m profiting? Because the stock market’s going up, everybody’s profiting."

The disclosure filed with the ethics office reported total income in excess of $1.4 billion from his family's crypto-related activities. Within that figure, the filings show that businesses controlled by the president received almost $800 million from World Liberty Financial, a crypto venture co-founded by Trump and his sons.

The reported receipts from World Liberty Financial were detailed into two principal components. More than $520 million came from the sale of crypto tokens, while in excess of $250 million derived from the sale of interests in the World Liberty business. The disclosure further notes that the income is divided among family members.

The president framed the gains in general market terms rather than as the result of any hands-on management, reiterating that professional funds oversee his assets. Beyond his statements at Joint Base Andrews and the figures contained in the 2025 disclosure, the filing itself is the source of the reported amounts and the characterization of their origin in the World Liberty venture.

This disclosure was submitted to the U.S. Office of Government Ethics as part of the usual annual reporting process for 2025. The document attributes the nearly $800 million in receipts to World Liberty Financial and breaks down the sources as token sales and sales of interests in the business, with the president sharing the income with family members.


Summary

The president says he does not oversee his personal finances and that funds manage his money. His 2025 ethics filing reports more than $1.4 billion in income from family crypto ventures, including almost $800 million paid to his companies by World Liberty Financial - over $520 million from token sales and more than $250 million from sales of business interests. He attributed the gains to a rising stock market.

Risks

  • Uncertainty about the degree of the president's personal involvement in the management of the assets, given his statement that he does not get involved - this leaves questions about oversight and decision-making.
  • Concentration of large receipts from a single crypto venture - the nearly $800 million reported from World Liberty Financial may raise scrutiny or questions, though the filing itself provides the stated totals without additional context.
  • Reliance on broad market performance as an explanation for the gains - attributing profits to a rising stock market does not illuminate the specific drivers of the reported crypto-related receipts.

More from Economy

Warsh Says Inflation Expectations Have Eased, Fed Still Focused on 2% Goal Jul 1, 2026 Delinquencies in Brazil's Unrestricted Credit Reach Record High Despite New Debt Relief Phase Jul 1, 2026 Warsh Declines to Offer Forward Guidance, Backs ECB Move to Drop Policy Path Signals Jul 1, 2026 Trump’s 2025 Filing Shows Crypto as Primary Income Source, Discloses Major Tech Purchases Jul 1, 2026 Saudi Aramco Slashes LPG Official Selling Prices Up to 27% for July Jul 1, 2026