Former President Donald Trump Reveals Financial Holdings: Cryptocurrency, Gold Bars, and Lucrative Investments
ICARO Media Group
In recently disclosed financial documents pertaining to former President Donald Trump's Republican presidential bid, it has been revealed that he owns over $1 million worth of cryptocurrency, including the popular digital currency ethereum, along with $100,000 to $250,000 in gold bars. These assets, among his portfolio of golf courses, real estate properties, and investments, contribute to Trump's billionaire status.
The 200-page dossier offers a glimpse into Trump's wealth and sheds light on the unorthodox ways in which he earns money. Notably, Trump reported earning $300,000 from the sales of a Bible edition called "The Greenwood Bible," which he endorsed alongside country singer Lee Greenwood. Additionally, he garnered $4.4 million in royalties from his book "Letters to Trump," and $500,000 from another titled "A MAGA Journey." Trump continues to receive royalties from various other books, including his famous 1987 release, "The Art of the Deal," which earned him between $50,000 to $100,000 in the past year.
It's worth mentioning that Trump still receives an annual pension of $90,776 as a former member of the Screen Actors Guild. However, his most significant current asset is likely his media company, which operates the social media platform Truth Social. Although Trump is currently restricted by a "lock-up" agreement preventing major shareholders from selling stock for six months following the company's public launch in March, his 114 million shares in Truth Social, valued at approximately $23 per share, make his holdings exceed $2 billion.
Among Trump's diverse investments, he holds a noteworthy amount of cryptocurrency ethereum, worth between $1 million to $5 million. This acquisition is interesting considering Trump's promise to relax regulations on the cryptocurrency industry if he were to return to the White House. In a related development, Trump reported earning $7.15 million in licensing fees from NFT INT, a digital token firm. Notably, his wife Melania earned $330,000 from selling NFTs.
Aside from these distinctive investments, Trump's financial disclosures also emphasize his extensive holdings in traditional stocks, municipal and school bonds, and various real estate properties worldwide. From licensing deals in Dubai, he reported over $3 million in income, while in Oman, his licenses brought in more than $2 million. Trump's golf courses also contribute significantly to his wealth, with his Bedminster club in New Jersey generating $37 million, his Jupiter club in Florida bringing in $31 million, and his Turnberry course in Scotland earning 26 million British pounds (equivalent to approximately $33.5 million USD) in revenue.
In addition to his business ventures, the financial documents also revealed debts held by Trump. These include litigation-related debts, such as a lawsuit against him by the New York attorney general's office alleging business fraud, with the debt amounting to over $50 million. Furthermore, Trump owes between $1 million and $5 million to E. Jean Carroll, who accused him of sexually assaulting her in 1996. Another debt stems from a magazine writer for which Trump owes more than $50 million, with judgments against him amounting to $5 million and $88 million respectively. Trump has appealed these verdicts.
These newly disclosed financial details offer a glimpse into the vast wealth and investment portfolio of former President Donald Trump. While they provide insight into some of his revenue streams and debts, the documents also highlight the complexity and diversity of his financial holdings.