Trump's Cryptocurrency Ventures Surpass Real Estate Empire with $1.2 Billion in Revenue

President Donald Trump's financial disclosure revealed that his cryptocurrency ventures generated $1.2 billion in revenue last year, surpassing much of his real estate empire. The disclosure, released on July 1 by the Office of Government Ethics, shows that World Liberty Financial earned over $500 million from selling governance tokens and CIC Digital LLC made more than $600 million from sales of Trump-branded 'meme' coins.

The value of both governance tokens and meme coins has fallen sharply since they were sold. The disclosure also reported revenue from licensing consumer products, including Trump-branded Bibles, sneakers, and watches. Sales of Trump-branded watches alone generated $4.7 million.

Trump's traditional property business expanded significantly last year through new hotel, resort, and condominium projects overseas, with developments in the United Arab Emirates, Saudi Arabia, Romania, and Qatar contributing millions to his revenue. Mar-a-Lago in Florida also posted strong growth, generating $77 million in revenue, up about 50 percent from the previous year.