Trump on financial disclosures: Everyone's profiting because stock market is up

Kitco Media
By Reuters
Published:
Updated:
Reuters
Trump on financial disclosures: Everyone's profiting because stock market is up teaser image

WASHINGTON, July 1 (Reuters) - President Donald Trump said on Wednesday he had nothing ​to do with his personal finances, a day ‌after he reported more than $1.4 billion in income from his family's crypto ventures.

He ​said many people are profiting ​because the U.S. stock market is ⁠up.

"I don't get involved ... We have ​funds that run my money," Trump told ​reporters at Joint Base Andrews as he prepared to fly to North Dakota.

The financial ​filings, his annual disclosure for ​2025 with the U.S. Office of Government Ethics, ‌showed ⁠that his companies received almost $800 million from World Liberty Financial, a crypto venture he and his sons co-founded.

That ​income, which ​the ⁠president splits with family members, included more than $520 million from ​sales of crypto tokens and ​more ⁠than $250 million from the sale of interests in the World Liberty business.

"You know ⁠why ​I'm profiting? Because the ​stock market's going up, everybody's profiting," Trump said.

Reporting ​by Steve Holland; editing by Michelle Nichols

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.