The U.S. Office of Government Ethics released President Donald Trump’s annual financial disclosure report on Tuesday, spanning a remarkable 927 pages.
The document covers 2025, the first year of Trump’s second non-consecutive term in the White House, and reveals an expanding financial empire.
Trump’s crypto-related income included approximately $515 million from the sale of tokens released through the firm World Liberty Financial.
The disclosure also shows Trump received $635 million in royalties from what the filing describes as “Celebration Coins,” with Bloomberg reporting those royalties were tied to CIC Digital LLC, Trump’s memecoin business.
Trump reported more than $290 million in income related to revenue from Mar-a-Lago Club, Trump National Doral, his Bedminster, NJ club, and other properties.
One of the most notable stock-buying episodes in the disclosure occurred on August 18, 2025, with three successive purchases of Apple (AAPL), Microsoft (MSFT), and Nvidia (NVDA), each valued between $5 million and $25 million.
The Nvidia purchase came exactly one week after Trump announced that Nvidia and AMD (AMD) had agreed to give the U.S. government 15% of their H20 chip sales to China in exchange for export approval, a deal that reopened a critical China revenue stream for Nvidia.
Apple had separately announced an additional $100 billion in U.S. investment on August 6, bringing its total planned U.S. commitment to $600 billion, just weeks before Trump’s purchase.
Trump also purchased Amazon (AMZN) stock worth between $500,000 and $1 million on September 23, the same day a trial began in Seattle federal court for an FTC lawsuit alleging Amazon duped customers into paying for Prime memberships.
That trial ended two days later after Amazon agreed to settle by paying a $1 billion civil penalty and $1.5 billion in refunds to an estimated 35 million customers.
Buried on page 157 of the filing is a disclosure of an investment in gold bars valued at between $500,000 and $1 million.
Trump disclosed gifts totaling more than $370,000, primarily consisting of tickets to sports events from various prominent figures and organizations.
Among the gifts were 10 FIFA World Cup tickets from FIFA President Gianni Infantino, 10 Super Bowl LIX tickets, and UFC event tickets from Dana White.
Trump also disclosed receiving a statue from Sticker Mule CEO Anthony Constantino, depicting Trump with his fist raised after the Butler, PA assassination attempt, valued at $250,000.
By contrast, Vice President JD Vance’s annual financial disclosure, released simultaneously by the ethics office, totaled just 17 pages compared to Trump’s 927.
