President Donald Trump made more than a billion dollars during his first year back in office, thanks in part to his cryptocurrency assets, as First Lady Melania Trump raked in millions from her documentary.
Much of the president’s earnings last year came from his family’s crypto ventures, in which he secured more than $1.4 billion (£1 billion), according to a financial disclosure filing released on Tuesday by the US Office of Government Ethics.
It details how Trump earned more than $580 million from crypto-related activities, including approximately $515 million tied to token sales from World Liberty Financial LLC, which is managed in part by his sons, Donald Trump Jr and Eric Trump.
He also made about $65 million from equity sales associated with the firm and another $635 million from the sale of his $TRUMP meme coins.
Meanwhile, the first lady reported $10.7 million in net proceeds from a licensing agreement connected to her eponymous documentary, ‘Melania’, which performed better than Hollywood magnates had expected.
An additional licensing deal tied to the firm’s publisher generated more than $500,000, according to the disclosure.
The film earned $7 million in ticket sales across the US and Canada in just its opening weekend, making it the best-performing theatrical release for a documentary, outside of concert films, since 2012.
Amazon had paid an eye-watering $40 million for the rights, as well as an additional $35 million to market the movie.
