Trump says outside funds “run my money” after 2025 disclosure
President Donald Trump brushed off questions about the staggering amount of money reported in his sprawling 2025 financial disclosure, saying his investment decisions are made by outside parties and he’s only profiting because the stock market is up.
“I don’t get involved in my personal — we have funds that run my money,” Trump told reporters before boarding a Qatar-gifted jumbo jet converted to become the new Air Force One.
Asked what message Americans should take from his highly lucrative first year back in the White House, Trump said he does not speak to the managers who invest his funds and that the institutions run the investments.
He added that he had “a great career in business,” then wondered aloud whether he has had a better career in politics or business.
2025 revenue jumps to at least $2.24 billion
Trump reported at least $2.24 billion in revenue in 2025 based on the employment assets and income he disclosed, according to CNBC analysis of his annual disclosure forms. That compares with at least $622 million reported for 2024, according to The New York Times.
The increase is largely tied to roughly $1.2 billion in cryptocurrency-related income reported in his 927-page disclosure.
Crypto income details: World Liberty Financial and WLFI-linked activity
The crypto figure includes about $580 million connected with World Liberty Financial, the company co-founded by members of Trump’s family that issues the WLFI governance token and USD1 stablecoin. The company launched USD1 in March 2025 after Trump began his non-consecutive second term as president.
Trump also disclosed receiving $635 million in royalties from what were described as “Celebration Coins.” The royalties are tied to CIC Digital LLC, Trump’s memecoin business, according to the disclosure.
Trump said the money managers act through what he described as “blind” accounts, and he does not speak with the people who run the investments.
Response to profit-from-presidency criticism and broader investing context
When asked to respond to critics accusing him of profiting off the presidency, Trump said he is profiting because the stock market is going up and “everybody’s profiting.”
He pointed to Securities and Exchange Commission data that 54.4% of Americans are invested in the stock market.
Trump said he gives money to institutions and that he does not know whether they know what they are doing, adding that they buy a wide array of things.
Stock purchases, transaction timing, and potential conflict-of-interest concerns
The financial disclosure also shows Trump’s purchases and sales of hundreds of companies’ stocks. Some individual transactions totaled millions of dollars, with the biggest valued between $5 million and $25 million.
Some stock transactions occurred shortly before or after major news related to the corresponding companies. For example, the form shows Trump purchased Amazon stock worth between $500,000 and $1 million on Sept. 23, the same day a trial began on federal allegations that Amazon duped customers into paying for Prime memberships.
Trump’s previous financial disclosure report, released in May and covering the first three months of 2026, raised concerns about potential conflicts of interest, which the White House denied.
White House spokeswoman Anna Kelly said neither the President nor his family has ever engaged or will ever engage in conflicts of interest.
Kelly also said Trump supported policies intended to make the United States the “crypto capital of the world” and claimed that questions about whether Trump’s actions are in Americans’ best interests reflect a long-running “false narrative.”
Trump ignored a question about conflicts of interest on Wednesday morning.