_Author: Wenser, _Odaily Planet Daily

As the news spreads 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 vested interest in the merger facilitated by Dominari Securities, which could bring the Trump family millions or even tens of millions of dollars in revenue.

This year, from the meme project TRUMP, MELANIA to the DeFi project WLFI, and the stablecoin USD 1… Trump seems to treat the crypto market as a cash machine, profiting significantly. 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 empire. In this lengthy 234-page document, a business empire spanning real estate, tourism, media, and cryptocurrency is clearly outlined.

Odaily Planet Daily will briefly summarize 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 related to the "Trump Meme Coin" TRUMP issued on January 18 of this year, as well as subsequent revenues from MELANIA tokens and the issuance of USD 1 related to WLFI, are not included. Nevertheless, Trump's personal assets are already considerable.

Trump's Arena: Balancing Entertainment and Politics, Titles Beyond President of the United States

According to the document, aside from his government-related positions such as President of the United States, Trump's titles also include:

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

Financial Document Disclosure Information

Major 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 significant contributions from Trump Media & Technology Group shares, Trump Endeavor 12 LLC, and WLFI.

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 to Trump 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 captures the internet's 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: $2.8 million;

• "The Greenwood Bible": $1.3 million;

• "45" guitar: $1.05 million;

• NFT licensing and royalties: $1.15 million.

Royalty income is astronomical

It is worth mentioning that as a businessman with a strong awareness of intellectual property protection, Trump has also 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 includes assets related to First Lady Melania Trump.

"Trump" 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, Trump's financial report shows that golf-related assets also generate significant income.

Aside from the previously mentioned golf course-related income, Trump's RPV Development LLC (Note from Odaily Planet Daily: This company was purchased by Trump for $20 million in 2017, and the following year it depreciated by $7 million) fully owns VH Property Corp., which contributed 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 as a hobby?

Crypto Holdings: Holding 15.75 Billion WLFI Governance Tokens

In addition to the direct income from WLFI token sales, Trump also holds 15.75 billion governance tokens through an ETH wallet. The financial document values them at around $1,000 to $15,000, with income recorded as less than $201. _ (Note from Odaily: 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.)_

Is Trump also participating in WLFI governance?

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

Additionally, Trump's financial documents mention 11 liabilities, including:

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

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

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

Trump's Debt Revealed

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

Fun Fact: Trump's Financial Documents Far Exceed Biden and Harris' Combined

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

This highlights the difference in financial situations between a businessman who has navigated the commercial world for decades and a politician who has been in the political arena for decades: the former's situation is incredibly complex, while the latter's is straightforward.

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

According to the "Forbes Real-Time Billionaires List," Trump's current assets are around $5.2 billion, ranking him 718th on the billionaire list. Previously, when we mentioned his wealth in the article "24-Hour Reversal! Musk Just Extended an Olive Branch, Trump Declares 'Relationship Over'," his personal assets were $5.5 billion, and 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 ascended to the presidency of the United States through his own efforts and the opportunities of the times, and in the next four years of his tenure, his personal wealth may continue to expand at an astonishing rate.

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