From Golf to Crypto: Trump explains more than $ 600 million income, $ 1.6 billion in total assets, claim report – Times of India

In a report on financial disclosure that was released on Friday, Donald Trump stated more than $ 600 million in income from various companies, including cryptocurrency, golf branches, license agreements and other business interests, reported Reuters.The financial report, which apparently covers the calendar year 2024, indicates that the cryptocurrency investments of the president have significantly improved its wealth, in addition to substantial development costs and income from other companies. According to the president’s president’s calculations, the total assets of the president amount to at least $ 1.6 billion.Despite Trump’s claim that his business interests are managed by a trust under the supervision of his children, the disclosure shows that income from these sources ultimately improves the president, so that concern about possible conflicts of interest is expressed.Certain business companies, in particular in Cryptocurrency, have benefited from policy changes under his administration, causing criticism.The financial disclosure, reportedly signed on 13 June, did not specify the coverage period. However, the cryptocurrency details and other information suggest cover until December 2024, with the exception of most income from the recent cryptocurrency companies of the family.The document represents a specific moment in time, whereby the first trip of the family is recorded in cryptocurrency while maintaining their traditional interests in real estate development and golf branches.The President’s meme coin, $ Trump, launched this year, has generated around $ 320 million in reimbursements, although the distribution between Trump controlled by Trump remains unclear.In addition to Meme Coin income, the Trump family has collected more than $ 400 million from World Liberty Financial, a decentralized financial organization. Their portfolio also includes Bitcoin mining activities and digital assets-treated funds.The disclosures show that Trump received $ 57.35 million from the sale of World Liberty -Token and 15.75 billion governance to the company owns in the company.The wealth of the Republican President includes cryptocurrency to real estate, with a significant part linked to his interest in Trump Media & Technology Group, who owns Truth Social.In addition to business companies and income, the President reported minimum income of $ 12 million from passive investments of a total of at least $ 211 million, including interest and dividends, according to Reuters calculations.His primary investments were managed by Charles Schwab and Invesco in Blue OWL Capital Corp and funds of the government bonds.The disclosure offered value giving for assets and income; Reuters used minimal values, which suggests that higher actual totals.The report also detailed income from different properties in Florida. His three golf resorts – Jupiter, Doral and West Palm Beach – Plus Mar -A -Lago member club generated minimal income of $ 217.7 million.Trump National Doral, with the Blue Monster Course, proved the highest source of income for the family at $ 110.4 million. These figures represent income instead of net profit.The disclosure emphasized international business interests, including $ 5 million in Vietnamese development permit, $ 10 million of an Indian project and almost $ 16 million in Dubai License costs.Extra royalties came from different sources: $ 1.3 million from the Greenwood Bible (“The only Bible that was officially endorsed by Lee Greenwood and President Trump”); $ 2.8 million from Trump Watches; And $ 2.5 million from Trump sneakers and scents.Trump earned $ 1.16 million from NFT Digital Trading maps, while First Lady Melania Trump received around $ 216,700 from its NFT lender costs.