Trump Defends $1.2 Billion Crypto Earnings, Says ‘Everybody’s Profiting’ From His Presidency

US President Donald Trump has defended earning an estimated $1.2 billion from cryptocurrency-related ventures linked to his family, dismissing accusations that he is using the presidency for personal financial gain.

Speaking to reporters on Wednesday before boarding a new Air Force One aircraft gifted by Qatar, Trump argued that his financial success reflects broader gains in the US economy rather than any abuse of office.

“You know why I’m profiting, because the stock market’s going up, everybody’s profiting,” Trump said.

The president rejected claims that his position has enabled him to enrich himself, insisting that his assets are managed through blind trusts and that he has no direct involvement in his day-to-day financial affairs.

“I don’t get involved in my personal finances. We have funds that run my money,” Trump said. “I’ve made a lot of money before I became president, and they invest my money, and I don’t talk to them.”

Trump also maintained that his wealth stems from his long business career, even though much of the reported income is tied to cryptocurrency projects launched after he returned to the White House.

“I don’t know if I’ve had a better career in politics or business, but I had a great career in business,” he said. “So we’re all profiting. I’m profiting because I have a lot of money and a lot of cash.”

The remarks followed the release of financial disclosure documents by the US Office of Government Ethics, which showed that Trump earned nearly $550 million in 2025 through his connection to World Liberty Financial (WLF), a cryptocurrency startup co-founded in September 2024 by his sons alongside the son of Middle East envoy Steve Witkoff.

The disclosures also revealed that Trump received approximately $635 million in royalties from a licensing agreement linked to the $TRUMP cryptocurrency token, which was launched just hours before his inauguration in January 2025.

According to Forbes, Trump’s expanding crypto interests have significantly boosted his personal fortune, with his net worth increasing from $2.3 billion in 2024 to an estimated $6.5 billion in 2026.

His administration has simultaneously pursued policies aimed at easing regulations on the cryptocurrency industry, a move supporters say encourages innovation but critics argue could create conflicts of interest given Trump’s financial involvement in the sector.

The White House has defended the administration’s approach, saying Trump has “proudly made the United States the crypto capital of the world.”