US President Donald Trump on Wednesday addressed mounting questions regarding his family’s substantial cryptocurrency earnings, defending the reported $1.2 billion income by stating that “everybody’s profiting” from the current market climate during his time in power.
Speaking to reporters ahead of a flight on a new Air Force One aircraft, Trump dismissed criticisms that he was leveraging his presidential position for personal financial gain. Recent financial disclosures from the US Office of Government Ethics revealed significant income streams. These included nearly $550 million from his affiliations with World Liberty Financial in 2025, alongside $635 million in royalties from a licensing agreement connected to the $TRUMP cryptocurrency token.
When pressed on the ethics of these earnings, Trump reiterated, “You know why I’m profiting, because the stock market’s going up, everybody’s profiting.” He further asserted that his personal finances are managed through blind trusts, insulating him from direct involvement. “I don’t get involved in my personal (finances), we have funds that run my money,” he explained, adding that his wealth predated his presidency.
World Liberty Financial (WLF), a decentralized finance platform, was publicly launched in September 2024. It was co-founded by Trump's sons and the son of his Middle East special envoy, Steve Witkoff.
According to Forbes, Trump's engagement in crypto ventures has been a primary driver behind a near tripling of his personal fortune, which reportedly surged from $2.3 billion to $6.5 billion between 2024 and 2026. While in office, the President has actively pursued measures aimed at deregulating the cryptocurrency sector, a move that analysts suggest has contributed to soaring asset prices. The White House has publicly declared that Trump “proudly made the United States the crypto capital of the world.”