Trump's financial exposure: Holding 15.7 billion WLFI tokens, $50 million settlement in sexual assault case

*Author: Wenser, * Odaily Planet Daily

With the news that "Tron is about to go public through a merger with SRM," the crypto market's attention is once again focused on the Trump family.

Although Trump's second son, Eric Trump, clarified in a post that he would not hold a position in the new company Tron.Inc, he and Trump's eldest son, Donald Trump Jr., still have a financial connection with Dominari Securities, the facilitator of this merger deal, which could bring millions or even tens of millions of dollars in revenue to the Trump family.

This year, from the meme project TRUMP, MELANIA to DeFi project WLFI, stablecoin USD1… Trump crypto seems to treat the crypto market as a cash machine, extracting profits extensively. However, the exact amount earned remains a mystery.

Last Friday, the White House Office of Government Ethics released Trump's financial disclosure documents, allowing us a glimpse into the palace's interior. In this lengthy 234-page document, a business empire spanning real estate, tourism, media, and cryptocurrency is clearly formed.

Odaily Planet Daily will briefly outline Trump's business assets in this article, providing a glimpse into the "shadow business empire" behind the "most powerful person in the world."

It is important to note that the cutoff date for this financial disclosure document is January 2025. Therefore, the income from the "Trump Meme Coin" TRUMP issued on January 18 of this year, as well as subsequent related incomes including MELANIA tokens and USD1 from WLFI, are not included. Nevertheless, Trump's personal assets can already be described as "wealthy."

Trump's Arena: Balancing Entertainment and Politics, Titles Beyond U.S. President

According to the document, aside from government-related positions such as U.S. President, Trump's titles also include:

• General Manager, Chairman, Secretary, and Chief Financial Officer of CIC Digital LLC (until January 9, 2025) (Odaily Planet Daily Note: This is a company specifically handling Trump's image licensing business in the NFT field, which also holds over $1 million worth of ETH);

• General Manager, Chairman, Secretary, and Chief Financial Officer of CIC Ventures LLC (until January 9, 2025);

• Current Chairman of Mar-A-Lago Club LLC (Odaily Planet Daily Note: Refers to Mar-a-Lago Club, Trump's private residence and membership-based club, purchased by Donald Trump in 1985);

• Chairman and Director of Trump Media & Technology Group (until March 22, 2024);

• Current Chairman of the Board of the John F. Kennedy Center for the Performing Arts.

It is evident that before taking office as president, Trump had distanced himself from potentially risky positions, but he still finds it "hard to let go" of his stronghold and cultural entertainment business.

Financial Document Disclosure Information

Main Assets: Resorts Contributing Over $100 Million, WLFI Sales Revenue of $57.355 Million

Looking through Trump's financial documents, there are as many as 22 assets exceeding $50 million, with Trump Media & Technology Group shares, Trump Endeavor 12 LLC, and WLFI contributing the most.

Trump owns 53% of Trump Media & Technology Group shares, which, based on the current market value of $5.129 billion, is approximately $2.7 billion in assets; Trump Endeavor 12 LLC contributed the largest single income last year, amounting to $110 million, primarily from golf and hotel-related profits.

WLFI token sales revenue reached $57.355 million, making it the largest cryptocurrency-related income.

WLFI token sales revenue exceeds $50 million (see document page 171)

Royalty Business Income Exceeds $10 Million

As a "celebrity president" who constantly attracts internet attention, Trump's published books, endorsed brands (including rights of publicity and reputation), and NFT-related royalty income are also substantial, specifically:

• "Save America": $3 million;

• "MAGA Journey": $150,000;

• "Letters to Trump": $250,000;

• Trump sneakers and perfume: $2.5 million;

• Trump watches: $280,000;

• "Greenwood Bible": $130,000;

• "45" guitar: $105,000;

• NFT licensing and royalties: $115,000.

Royalty income is astronomical

It is worth mentioning that as a businessman with a high awareness of intellectual property protection, Trump has applied for hundreds of trademarks worldwide, including in China, South Korea, Venezuela, and other countries, and has detailed that such assets do not belong to his personal investments, which also include assets related to First Lady Melania Trump.

"Trump" is prominently listed

Trump's "Interest Business": Golf-Related Income Exceeds $17 Million

Additionally, perhaps due to a natural sensitivity as a businessman or personal interests, the income from golf-related assets in Trump's financial report is also significant.

Aside from the previously mentioned golf course-related income, Trump's RPV Development LLC (Odaily Planet Daily Note: This company was purchased by Trump for $20 million in 2017, and the following year it lost $7 million in value) owns full shares of VH Property Corp., contributing over $17 million in income. According to Bloomberg's website, VH Property Corp. is a golf industry company established in 2000, with business lines including golf-related courses.

Golf-related income belongs to interest-based earnings?

Crypto Holdings: Holding 15.75 Billion WLFI Governance Tokens

Aside from the direct income from WLFI token sales, Trump also holds 15.75 billion governance tokens through an ETH wallet. The financial document estimates their value at around $1,000-15,000, with income recorded as less than $201. (Odaily Note: The first round sale price of WLFI was $0.015, the second round sale price was $0.05, and if calculated at the current off-market price of $0.1, the tokens held by Trump would be valued at $1.57 billion.)

Does Trump also want to participate in WLFI governance?

Balance Sheet: 11 Liabilities, Involving Real Estate Loans and Lawsuits

Additionally, Trump's financial documents mention his 11 liabilities, which include:

• Loans for Trump Tower, Trump National Doral Golf Club, 40 Wall Street, etc.: over $50 million;

• Debts related to E. Jean Carroll (Odaily Planet Daily Note: The woman who previously sued Trump for sexual assault and defamation): over $50 million;

• American Express credit card debt: $15,000-50,000;

Trump's Debt Revealed

Perhaps many would not expect that Trump is also a "veteran credit card user," a real estate tycoon, business legend, and U.S. president who is also a loyal user of bank credit cards, which only suggests that the road to the popularization of crypto stablecoins still has a long way to go.

Fun Fact 1: Trump's Financial Document Far Exceeds Biden and Harris

It is noteworthy that this lengthy 234-page financial document includes over a hundred income items that are less than $201, yet are still detailed. In contrast, former President Biden's financial form submitted in 2024 is only 11 pages long, with primary income sources from traditional sources such as banks and retirement accounts, while Democratic presidential candidate Harris's financial form is only 15 pages long.

This highlights the difference in financial situations between a businessman who has navigated the business world for decades and a politician who has navigated the political sphere for decades: the former is complex and intricate, while the latter is straightforward.

Fun Fact 2: Trump Made the Forbes Billionaires List as Early as 1982

According to the real-time list of Forbes billionaires, Trump's current assets are around $5.2 billion, ranking him 718th on the billionaire list. Previously, when we mentioned his wealth alongside Musk in the article "24 Hours Reversed! Musk Just Extended an Olive Branch, Trump Declares 'Relationship Over'," his personal assets were still $5.5 billion. Just a few days later, his wealth shrank by $300 million. It must be said that for wealthy individuals like Trump and Musk, wealth is truly just a numbers game.

As early as 1982, Trump, along with his father Fred, made it onto the very first Forbes 400 list, with the family's total net worth estimated at $200 million.

This son of a commercial real estate tycoon, born with a silver spoon, has now risen to the position of U.S. President through his own efforts and the opportunities of the times, and in the next four years of his presidency, his personal wealth may continue to expand at an astonishing rate.