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Trump Defends Earning More than $1bn on Crypto

Trump said his money is managed by funds as Forbes reported his crypto-linked fortune rose from $2.3 billion to $6.5 billion.

  • On Wednesday, President Donald Trump defended earning around $1.2 billion from cryptocurrency activities last year, telling reporters "everybody's profiting" from his time in power.
  • Government Ethics disclosures released Tuesday show Trump received nearly $550 million from World Liberty Financial and $635 million in royalties from the TRUMP cryptocurrency, launched in January 2025.
  • World Liberty Financial was co-founded in September 2024 by Trump's sons and the son of Middle East special envoy Steve Witkoff, driving Trump's fortune from $2.3 billion to $6.5 billion, according to Forbes.
  • Trump claimed he avoids personal financial involvement, stating, "I don't get involved in my personal , we have funds that run my money," while attributing profits to market growth.
  • Deregulation measures enacted by Trump have caused cryptocurrency asset prices to soar, as the White House stated he made the United States the crypto capital of the world.
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Polsat News broke the news on Wednesday, July 1, 2026.
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