🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 84 (from laksa038)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa084.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.nytimes.com/interactive/2025/07/02/business/donald-trump-wealth-net-worth.html\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.nytimes.com/interactive/2025/07/02/business/donald-trump-wealth-net-worth.html\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.nytimes.com\/interactive\/2025\/07\/02\/business\/donald-trump-wealth-net-worth.html","crawl_time":1773839990,"first_indexed_time":1751450920,"http_code":200,"src_unparsed":"com,nytimes!www,\/interactive\/2025\/07\/02\/business\/donald-trump-wealth-net-worth.html s443","src_root_hash":"4566504020376537684","history_drop_reason":null,"meta_title":"What Is Trump’s Net Worth? Here’s What We Know and Can’t Know. - The New York Times","meta_descriptions":["Though some aspects of the president’s net worth are murky, it has unmistakably soared in the early months of his second term."],"attrs_boilerpipe_text":"Asset Values\nCryptocurrencies\nAs much as\n$7.1 billion\nStocks, bonds and cash\nAt least\n$2.2 billion\nReal estate and other business holdings\nAt least\n$1.3 billion\nFees & Payouts\nCrypto ventures\nAt least\n$620 million\nsince 2024, some shared with partners\nRoyalties\nAt least\n$11 million\nin 2024\nLiabilities\nReal estate debt\nAt least\n$100 million\nLawsuit judgments\n$540 million\nplus interest\nPresident Trump has long boasted of being a billionaire — even as journalists, accountants and the New York attorney general\nhave cast doubt\non just how many billions he is worth.\nMr. Trump’s precise net worth is unknowable, partly because the Trump family business is a privately held company that discloses little about its financials. The president also derives some of his wealth from real estate, the value of which can be difficult to estimate. And some of his assets are shared with family members or business partners, making it tricky to untangle what portion belongs to him.\nStill, some of the president’s financial holdings — for example, those in the stock market and the cryptocurrency industry — are publicly known. And\nthe annual financial disclosure\nthat Mr. Trump must file as president offers a snapshot of the murkier elements of his business. It also lists his outstanding debts, including from a few recent legal judgments against him.\nTogether, that information shows that Mr. Trump’s net worth has soared in the early months of his second term, mostly thanks to his crypto investments, suggesting that he might now be worth $10 billion or more. Yet a vast majority of that sum is not liquid. He would have to unload investments and sell his stakes in various ventures to realize much of that wealth.\nHere is a breakdown of what we know — and don’t know — about the president’s net worth.\nCryptocurrencies\nAs much as\n$7.1 billion\nCrypto is a relatively new area for the Trump family. But in just a couple of years, Mr. Trump has accumulated a sprawling array of crypto investments that touch virtually every part of the industry.\nMemecoin\nA massive portion of Mr. Trump’s wealth is only six months old: a so-called memecoin, $TRUMP, that he unveiled just days before his inauguration in January. (A memecoin is a type of digital currency tied to an online joke or mascot, and it typically has no function beyond speculation.) Mr. Trump and his partners still own the lion’s share of the $TRUMP coins that have been created.\nAt the current trading price of around $8.67, as of noon E.T. on July 1, those holdings amount to about $6.9 billion. But this value is not liquid: The coins owned by Mr. Trump cannot currently be traded, and any large sale would cause the price to crater. It is also unclear how much belongs to Mr. Trump versus his partners.\n$TRUMP memecoin market value\nSource: CoinGecko\nNote: Market value calculated by multiplying 800 million coins (those held by Trump and his business partners) and 200 million coins (non-Trump holdings) by the daily price of $TRUMP memecoin. Data is through July 1.\nBy Karl Russell\nAlong with the value of the $TRUMP coins that the president holds, he also benefits from transaction fees every time the memecoin is traded. To date, these fees have totaled at least $320 million, which the Trump family shares with its business partners, according to Chainalysis, a crypto analytics firm.\nWorld Liberty Financial\nThe president’s headfirst dive into the crypto industry has been highly lucrative — and not just because of his memecoin. The crypto firm that he helped start during last year’s presidential campaign, World Liberty Financial,\nhas also generated a significant sum\nfrom the sale of its own digital tokens, known as WLFI.\nA business owned by the Trump family is entitled to 75 percent of the revenue from token sales, after a $30 million threshold is reached and expenses are deducted. World Liberty said in March that it had sold\n$550 million\nin tokens, and then reported subsequent sales of\n$25 million\nand\n$100 million\n. The sales likely netted more — possibly much more — than $300 million for the Trump family, though the president’s precise earnings will not be known until he files his next annual financial report.\nMr. Trump also controls his own stash of more than 15 billion World Liberty tokens, according to his most recent disclosure. The tokens are currently not tradeable, making it difficult to estimate their value. For now, owning them simply allows holders to vote on some of World Liberty Financial’s business decisions.\nBut data collected by the crypto forensics firm Nansen shows that some of the tokens were originally sold at 1.5 cents apiece — consistent with pricing information that World Liberty circulated to investors last year.\nThat would put the value of Mr. Trump’s holdings at roughly $236 million.\nAnd it’s possible that World Liberty will eventually allow the tokens to be traded, which could cause their value to skyrocket. The company has said it is working on making the tokens “transferable,” though it’s not clear exactly what that means. At a crypto conference in New York on June 25, one of World Liberty’s founders, Zak Folkman, hinted that an announcement could come in the next couple of weeks.\n“Everybody is going to be very, very happy,” he said.\nStocks, bonds and cash\nAt least\n$2.2 billion\nTrump Media & Technology Group\nThe second largest source of President Trump’s net worth, after the memecoin, is his stake in the publicly traded corporation that runs his social media venture, Truth Social. The president owns 115 million shares in the company, Trump Media & Technology Group, making his stake worth about $2 billion based on the current price of the stock.\nBut unless he sells the shares, this aspect of his net worth is theoretical, existing only on paper. And the value of Trump Media shares has fallen precipitously since his inauguration. At its peak, Mr. Trump’s stake in the company was worth about $6 billion.\nTrump Media & Technology market value\nSource: LSEG Data & Analytics\nNote: Trump holdings calculated by multiplying Trump entities’ 115 million shares by the daily close price. Total is the historical market capitalization. Data is through July 1.\nBy Karl Russell\nOther investments\nThe president also has an expansive financial investment portfolio that was worth at least $236 million, according to his most recent financial disclosure, which covers 2024. The exact size of his portfolio is unknown because his financial disclosure reports these assets in wide ranges.\nOne entry in the disclosure indicated that Mr. Trump held more than $50 million in a money-market fund with no top value provided, making it impossible to determine the true maximum total of his holdings.\nThe New York Times previously analyzed\nthe financial disclosure he filed last year to determine the breakdown of his holdings in bonds, cash and stocks.\nIf Mr. Trump held the low end of the range for each asset listed, bonds would have accounted for about 60 percent of Mr. Trump’s portfolio; cash and similar investments for roughly 30 percent; and stocks for less than 10 percent. Municipal bonds represented nearly 80 percent of Mr. Trump’s bond holdings, according to the minimum values reported.\nAt minimum, Mr. Trump’s investment portfolio of stocks, bonds and cash produced $13 million in dividends and interest last year.\nReal estate and other business holdings\nAt least\n$1.3 billion\nBefore Mr. Trump was a crypto mogul, he drew much of his net worth from the value of his real estate — hotels, residential properties, golf clubs and commercial office towers. This business has ebbed and flowed over the years, though it remains important for Mr. Trump.\nIt is difficult to determine the exact value of his real estate; he offers only estimates in his financial disclosures. For example, he valued 19 different real estate assets at more than $50 million each in his latest disclosure, with no reported maximum. All told, he valued his properties and other business holdings at a minimum of $1.3 billion, excluding Trump Media and World Liberty.\nThe New York attorney general accused Mr. Trump of inflating his real estate  values to secure favorable loans from banks, prompting a monthslong civil trial that resulted in a nearly half-billion-dollar judgment against him.\nThese properties also generate revenue, though he does not reveal his expenses or investments in the properties, so profit or loss cannot be determined. In 2024, the top two revenue generators were in Florida: the Trump National Doral golf club near Miami ($110 million) and his Mar-a-Lago private club and estate ($50 million).\nRoyalties\nAt least\n$11 million\nin 2024\nGold watches. An electric guitar. A coffee-table book. Sneakers and a Bible.\nMr. Trump has put his name on a wide variety of consumer products — and these deals generate a steady flow of royalty payments for him. In 2024, he received more than $11 million in such payments, according to his financial disclosure.\nDebts\nMore than\n$640 million\nplus interest\nReal estate\nLike almost any real estate investor, Mr. Trump has sizable loans on some of his properties. His company\nsaid it recently paid off a $160 million loan\non its 40 Wall Street office building in Manhattan, though he still owed more than $100 million on other properties, according to his latest disclosure.\nLawsuit judgments\nThe president’s biggest debt stems from his recent legal troubles: the nearly half-billion-dollar judgment from the attorney general’s office and two lawsuits brought by the writer E. Jean Carroll. In one of those two cases, a Manhattan jury ordered Mr. Trump\nto pay Ms. Carroll $83.3 million\nfor defaming her after she accused him of sexual assault.\nA separate jury had earlier\nawarded Ms. Carroll $5 million\nafter finding that Mr. Trump had sexually abused her in a Bergdorf Goodman dressing room in the mid-1990s and had defamed her in a Truth Social post.\nAfter these courtroom losses, Mr. Trump had to secure hundreds of millions of dollars in so-called appellate bonds, which spare him from paying the judgments while he appeals them. But to do so, he had to pledge a significant amount of his assets to the companies providing the bonds. And if he ultimately loses the appeals, Mr. Trump will owe the full amount of the judgments, plus significant interest.","attrs_markdown":"[Skip to content](https:\/\/www.nytimes.com\/interactive\/2025\/07\/02\/business\/donald-trump-wealth-net-worth.html#site-content)[Skip to site index](https:\/\/www.nytimes.com\/interactive\/2025\/07\/02\/business\/donald-trump-wealth-net-worth.html#site-index)\n\nSearch & Section Navigation\n\nSection Navigation\n\nSearch\n\n[Business](https:\/\/www.nytimes.com\/section\/business)\n\n[Log in](https:\/\/myaccount.nytimes.com\/auth\/login?response_type=cookie&client_id=vi&redirect_uri=https%3A%2F%2Fwww.nytimes.com%2Fsubscription%2Fonboarding-offer%3FcampaignId%3D7JFJX%26EXIT_URI%3Dhttps%253A%252F%252Fwww.nytimes.com%252Finteractive%252F2025%252F07%252F02%252Fbusiness%252Fdonald-trump-wealth-net-worth.html&asset=masthead)\n\n[Today’s Paper](https:\/\/www.nytimes.com\/section\/todayspaper)\n\nTrump Administration\n\n- live[Updates](https:\/\/www.nytimes.com\/live\/2026\/03\/18\/us\/trump-news)\n  \n  March 18, 2026, 9:13 a.m. ET6m ago\n- live[War in the Middle East](https:\/\/www.nytimes.com\/live\/2026\/03\/18\/world\/iran-war-news-trump-oil)\n  \n  March 18, 2026, 9:16 a.m. ET3m ago\n- [Counterterrorism Official Resigns](https:\/\/www.nytimes.com\/2026\/03\/17\/us\/politics\/joe-kent-counterterrorism-resigns-iran-war.html)\n- [Job Losses](https:\/\/www.nytimes.com\/2026\/03\/06\/business\/economy\/what-to-know-about-the-report.html)\n- [Epstein Files](https:\/\/www.nytimes.com\/interactive\/2026\/us\/epstein-files-names-fired-resigned-fallout.html)\n- [Approval Rating](https:\/\/www.nytimes.com\/interactive\/polls\/donald-trump-approval-rating-polls.html)\n\nAdvertisement\n\n[SKIP ADVERTISEMENT](https:\/\/www.nytimes.com\/interactive\/2025\/07\/02\/business\/donald-trump-wealth-net-worth.html#after-top)\n\n# What Is Trump’s Net Worth? Here’s What We Know and Can’t Know.\nBy [Ben Protess](https:\/\/www.nytimes.com\/by\/ben-protess), [Andrea Fuller](https:\/\/www.nytimes.com\/by\/andrea-fuller) and [David Yaffe-Bellany](http:\/\/www.nytimes.com\/by\/david-yaffe-bellany)\n\nJuly 2, 2025\n\n- Share full article\n- 143\n\n### Asset Values\n![Cryptocurrencies](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/crypto-yellow.png)\n\nCryptocurrencies\n\nAs much as \\$7.1 billion\n\n![Stocks, bonds and cash](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/stocks.png)\n\nStocks, bonds and cash\n\nAt least \\$2.2 billion\n\n![Real estate and other business holdings](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/realestate-yellow.png)\n\nReal estate and other business holdings\n\nAt least \\$1.3 billion\n\n### Fees & Payouts\n![Crypto ventures](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/crypto-green.png)\n\nCrypto ventures\n\nAt least \\$620 million since 2024, some shared with partners\n\n![Royalties](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/royalties.png)\n\nRoyalties\n\nAt least \\$11 million in 2024\n\n### Liabilities\n![Real estate debt](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/realestate-red.png)\n\nReal estate debt\n\nAt least \\$100 million\n\n![Lawsuit judgments](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/lawsuits.png)\n\nLawsuit judgments\n\n\\$540 million plus interest\n\nPresident Trump has long boasted of being a billionaire — even as journalists, accountants and the New York attorney general [have cast doubt](https:\/\/www.nytimes.com\/2024\/02\/16\/nyregion\/trump-civil-fraud-trial-ruling.html) on just how many billions he is worth.\n\nMr. Trump’s precise net worth is unknowable, partly because the Trump family business is a privately held company that discloses little about its financials. The president also derives some of his wealth from real estate, the value of which can be difficult to estimate. And some of his assets are shared with family members or business partners, making it tricky to untangle what portion belongs to him.\n\nStill, some of the president’s financial holdings — for example, those in the stock market and the cryptocurrency industry — are publicly known. And [the annual financial disclosure](https:\/\/oge.app.box.com\/s\/k0hxcezgk7j1cyqoue16cillsi9srmfu) that Mr. Trump must file as president offers a snapshot of the murkier elements of his business. It also lists his outstanding debts, including from a few recent legal judgments against him.\n\nTogether, that information shows that Mr. Trump’s net worth has soared in the early months of his second term, mostly thanks to his crypto investments, suggesting that he might now be worth \\$10 billion or more. Yet a vast majority of that sum is not liquid. He would have to unload investments and sell his stakes in various ventures to realize much of that wealth.\n\nHere is a breakdown of what we know — and don’t know — about the president’s net worth.\n\n![](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/crypto-yellow.png)\n\n## Cryptocurrencies\nAs much as\n\n\\$7.1 billion\n\nCrypto is a relatively new area for the Trump family. But in just a couple of years, Mr. Trump has accumulated a sprawling array of crypto investments that touch virtually every part of the industry.\n\n**Memecoin**\n\nA massive portion of Mr. Trump’s wealth is only six months old: a so-called memecoin, \\$TRUMP, that he unveiled just days before his inauguration in January. (A memecoin is a type of digital currency tied to an online joke or mascot, and it typically has no function beyond speculation.) Mr. Trump and his partners still own the lion’s share of the \\$TRUMP coins that have been created.\n\nAt the current trading price of around \\$8.67, as of noon E.T. on July 1, those holdings amount to about \\$6.9 billion. But this value is not liquid: The coins owned by Mr. Trump cannot currently be traded, and any large sale would cause the price to crater. It is also unclear how much belongs to Mr. Trump versus his partners.\n\n### \\$TRUMP memecoin market value\n![](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/trump-memecoin-600.png)\n\n\\$45\n\nbillion\n\n40\n\n35\n\n30\n\n25\n\n20\n\n15\n\nTotal\n\n10\n\nTrump holdings\n\n5\n\nJan.\n\nFeb.\n\nMarch\n\nApril\n\nMay\n\nJune\n\n2025\n\n![](data:image\/gif;base64,R0lGODlhCgAKAIAAAB8fHwAAACH5BAEAAAAALAAAAAAKAAoAAAIIhI+py+0PYysAOw==)\n\n\\$45\n\nbillion\n\n40\n\n35\n\n30\n\n25\n\n20\n\n15\n\nTotal\n\n10\n\nTrump holdings\n\n5\n\nJan.\n\nFeb.\n\nMarch\n\nApril\n\nMay\n\nJune\n\n2025\n\nSource: CoinGecko\n\nNote: Market value calculated by multiplying 800 million coins (those held by Trump and his business partners) and 200 million coins (non-Trump holdings) by the daily price of \\$TRUMP memecoin. Data is through July 1.\n\nBy Karl Russell\n\nAlong with the value of the \\$TRUMP coins that the president holds, he also benefits from transaction fees every time the memecoin is traded. To date, these fees have totaled at least \\$320 million, which the Trump family shares with its business partners, according to Chainalysis, a crypto analytics firm.\n\n**World Liberty Financial**\n\nThe president’s headfirst dive into the crypto industry has been highly lucrative — and not just because of his memecoin. The crypto firm that he helped start during last year’s presidential campaign, World Liberty Financial, [has also generated a significant sum](https:\/\/www.nytimes.com\/2025\/04\/29\/us\/politics\/trump-crypto-world-liberty-financial.html) from the sale of its own digital tokens, known as WLFI.\n\nA business owned by the Trump family is entitled to 75 percent of the revenue from token sales, after a \\$30 million threshold is reached and expenses are deducted. World Liberty said in March that it had sold [\\$550 million](https:\/\/www.businesswire.com\/news\/home\/20250317855322\/en\/Trump-Inspired-World-Liberty-Financial-Closes-%24550-Million-Across-Token-Sales) in tokens, and then reported subsequent sales of [\\$25 million](https:\/\/www.dwf-labs.com\/news\/541-us-expansion-wlfi-crypto-investment-announcement) and [\\$100 million](https:\/\/www.bloomberg.com\/news\/articles\/2025-06-26\/trump-s-crypto-project-gets-100-million-from-uae-based-fund). The sales likely netted more — possibly much more — than \\$300 million for the Trump family, though the president’s precise earnings will not be known until he files his next annual financial report.\n\nMr. Trump also controls his own stash of more than 15 billion World Liberty tokens, according to his most recent disclosure. The tokens are currently not tradeable, making it difficult to estimate their value. For now, owning them simply allows holders to vote on some of World Liberty Financial’s business decisions.\n\nBut data collected by the crypto forensics firm Nansen shows that some of the tokens were originally sold at 1.5 cents apiece — consistent with pricing information that World Liberty circulated to investors last year.\n\nThat would put the value of Mr. Trump’s holdings at roughly \\$236 million.\n\nAnd it’s possible that World Liberty will eventually allow the tokens to be traded, which could cause their value to skyrocket. The company has said it is working on making the tokens “transferable,” though it’s not clear exactly what that means. At a crypto conference in New York on June 25, one of World Liberty’s founders, Zak Folkman, hinted that an announcement could come in the next couple of weeks.\n\n“Everybody is going to be very, very happy,” he said.\n\n![](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/stocks.png)\n\n## Stocks, bonds and cash\nAt least\n\n\\$2.2 billion\n\n**Trump Media & Technology Group**\n\nThe second largest source of President Trump’s net worth, after the memecoin, is his stake in the publicly traded corporation that runs his social media venture, Truth Social. The president owns 115 million shares in the company, Trump Media & Technology Group, making his stake worth about \\$2 billion based on the current price of the stock.\n\nBut unless he sells the shares, this aspect of his net worth is theoretical, existing only on paper. And the value of Trump Media shares has fallen precipitously since his inauguration. At its peak, Mr. Trump’s stake in the company was worth about \\$6 billion.\n\n### Trump Media & Technology market value\n![](data:image\/gif;base64,R0lGODlhCgAKAIAAAB8fHwAAACH5BAEAAAAALAAAAAAKAAoAAAIIhI+py+0PYysAOw==)\n\n\\$10\n\nbillion\n\n8\n\n6\n\nTotal\n\n4\n\n2\n\nTrump holdings\n\nM\n\nJ\n\nJ\n\nA\n\nS\n\nO\n\nN\n\nD\n\nJ\n\nF\n\nM\n\nA\n\nM\n\nJ\n\n2024\n\n2025\n\n![](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/trump-media-600.png)\n\n\\$10\n\nbillion\n\n8\n\n6\n\nTotal\n\n4\n\nTrump holdings\n\n2\n\nMay\n\nJune\n\nJuly\n\nAug.\n\nSept.\n\nOct.\n\nNov.\n\nDec.\n\nJan.\n\nFeb.\n\nMarch\n\nApril\n\nMay\n\nJune\n\n2024\n\n2025\n\nSource: LSEG Data & Analytics\n\nNote: Trump holdings calculated by multiplying Trump entities’ 115 million shares by the daily close price. Total is the historical market capitalization. Data is through July 1.\n\nBy Karl Russell\n\n**Other investments**\n\nThe president also has an expansive financial investment portfolio that was worth at least \\$236 million, according to his most recent financial disclosure, which covers 2024. The exact size of his portfolio is unknown because his financial disclosure reports these assets in wide ranges.\n\nOne entry in the disclosure indicated that Mr. Trump held more than \\$50 million in a money-market fund with no top value provided, making it impossible to determine the true maximum total of his holdings.\n\n[The New York Times previously analyzed](https:\/\/www.nytimes.com\/2025\/04\/18\/us\/politics\/trump-bonds-tariffs.html) the financial disclosure he filed last year to determine the breakdown of his holdings in bonds, cash and stocks.\n\nIf Mr. Trump held the low end of the range for each asset listed, bonds would have accounted for about 60 percent of Mr. Trump’s portfolio; cash and similar investments for roughly 30 percent; and stocks for less than 10 percent. Municipal bonds represented nearly 80 percent of Mr. Trump’s bond holdings, according to the minimum values reported.\n\nAt minimum, Mr. Trump’s investment portfolio of stocks, bonds and cash produced \\$13 million in dividends and interest last year.\n\n![](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/realestate-yellow.png)\n\n## Real estate and other business holdings\nAt least\n\n\\$1.3 billion\n\nBefore Mr. Trump was a crypto mogul, he drew much of his net worth from the value of his real estate — hotels, residential properties, golf clubs and commercial office towers. This business has ebbed and flowed over the years, though it remains important for Mr. Trump.\n\nIt is difficult to determine the exact value of his real estate; he offers only estimates in his financial disclosures. For example, he valued 19 different real estate assets at more than \\$50 million each in his latest disclosure, with no reported maximum. All told, he valued his properties and other business holdings at a minimum of \\$1.3 billion, excluding Trump Media and World Liberty.\n\nThe New York attorney general accused Mr. Trump of inflating his real estate values to secure favorable loans from banks, prompting a monthslong civil trial that resulted in a nearly half-billion-dollar judgment against him.\n\nThese properties also generate revenue, though he does not reveal his expenses or investments in the properties, so profit or loss cannot be determined. In 2024, the top two revenue generators were in Florida: the Trump National Doral golf club near Miami (\\$110 million) and his Mar-a-Lago private club and estate (\\$50 million).\n\n![](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/royalties.png)\n\n## Royalties\nAt least\n\n\\$11 million\n\nin 2024\n\nGold watches. An electric guitar. A coffee-table book. Sneakers and a Bible.\n\nMr. Trump has put his name on a wide variety of consumer products — and these deals generate a steady flow of royalty payments for him. In 2024, he received more than \\$11 million in such payments, according to his financial disclosure.\n\n![](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/lawsuits.png)\n\n## Debts\nMore than\n\n\\$640 million\n\nplus interest\n\n**Real estate**\n\nLike almost any real estate investor, Mr. Trump has sizable loans on some of his properties. His company [said it recently paid off a \\$160 million loan](https:\/\/www.reuters.com\/business\/finance\/trump-organization-pays-off-loan-40-wall-street-new-york-2025-06-23\/) on its 40 Wall Street office building in Manhattan, though he still owed more than \\$100 million on other properties, according to his latest disclosure.\n\n**Lawsuit judgments**\n\nThe president’s biggest debt stems from his recent legal troubles: the nearly half-billion-dollar judgment from the attorney general’s office and two lawsuits brought by the writer E. Jean Carroll. In one of those two cases, a Manhattan jury ordered Mr. Trump [to pay Ms. Carroll \\$83.3 million](https:\/\/www.nytimes.com\/2024\/01\/26\/nyregion\/trump-defamation-trial-carroll-verdict.html) for defaming her after she accused him of sexual assault.\n\nA separate jury had earlier [awarded Ms. Carroll \\$5 million](https:\/\/www.nytimes.com\/interactive\/2023\/05\/09\/nyregion\/trump-liable-verdict-form-jury.html) after finding that Mr. Trump had sexually abused her in a Bergdorf Goodman dressing room in the mid-1990s and had defamed her in a Truth Social post.\n\nAfter these courtroom losses, Mr. Trump had to secure hundreds of millions of dollars in so-called appellate bonds, which spare him from paying the judgments while he appeals them. But to do so, he had to pledge a significant amount of his assets to the companies providing the bonds. And if he ultimately loses the appeals, Mr. Trump will owe the full amount of the judgments, plus significant interest.\n\n- Share full article\n- 143\n\nLily Boyce and Karl Russell contributed graphics.\n\nSee more on: [U.S. Politics](https:\/\/www.nytimes.com\/section\/politics), [Trump Media & Technology Group](https:\/\/www.nytimes.com\/topic\/trump-media-technology-group), [Donald Trump](https:\/\/www.nytimes.com\/spotlight\/donald-trump)\n\nRead 143 comments\n\n- Share full article\n- 143\n\n***\n## The Latest on the Trump Administration\n***\n- **Legal Retribution Campaign:** In the wake of a lacerating ruling by a federal judge derailing an inquiry into the Federal Reserve chair, Jerome Powell, [prosecutors are floundering](https:\/\/www.nytimes.com\/2026\/03\/16\/us\/politics\/trump-justice-department-investigations.html) in the most basic steps of criminal investigations into those President Trump wants scrutinized.\n- **Susie Wiles Diagnosed With Breast Cancer:** Trump’s White House chief of staff, the first woman to ever hold that position, said that the disease was caught in its early stages, and [she is not planning to take a leave](https:\/\/www.nytimes.com\/2026\/03\/16\/us\/politics\/susie-wiles-breast-cancer.html).\n- **War in the Middle East:** The president is no stranger to staking out contradictory stands, part of what his aides say is his negotiating style. But on Iran, [Trump’s shifting positions](https:\/\/www.nytimes.com\/2026\/03\/16\/us\/politics\/trump-iran-war.html) are colliding with the consequences of war. And a surge in oil price is threatening to raise costs across the economy and [cut into the already modest stimulus](https:\/\/www.nytimes.com\/2026\/03\/16\/us\/politics\/trump-iran-tax-cuts.html) the tax cuts passed by Republicans last year were poised to deliver.\n- **Kennedy Center****:** The board of the John F. Kennedy Center for the Performing Arts has [voted to shutter the institution](https:\/\/www.nytimes.com\/2026\/03\/16\/arts\/design\/kennedy-center-renovations-trump.html) for a two-year renovation project after Trump warned them that the building was in “very bad shape” and had been on “the verge of collapse” before he took over.\n***\n**How We Report on the Trump Administration**\n\nHundreds of readers asked about our coverage of the president. Times editors and reporters [responded to some of the most common questions](https:\/\/www.nytimes.com\/2025\/03\/06\/insider\/how-the-new-york-times-reports-on-trump.html).\n\n## Related Content\n### [More in Business](https:\/\/www.nytimes.com\/section\/business)\n- [‘It’s Just Crazy’: High Car Payments Make Ownership Feel Impossible](https:\/\/www.nytimes.com\/2026\/03\/16\/business\/car-ownership-prices-interest-rates.html)\n  \n  ![Davine Greene, 24, has not been able to keep up with her car payments and has had to file for bankruptcy.](https:\/\/static01.nyt.com\/images\/2026\/03\/15\/multimedia\/15biz-car-payments-greene-bpfv\/15biz-car-payments-greene-bpfv-square640.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Josh Ritchie for The New York Times\n- [The Tax Bill Haunting Your 401(k) and I.R.A.](https:\/\/www.nytimes.com\/2026\/03\/15\/business\/roth-ira-taxes-retirement-401k.html)\n  \n  ![](https:\/\/static01.nyt.com\/images\/2026\/03\/15\/business\/08biz-retiring-Roth-illo\/08biz-retiring-Roth-illo-square640.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Peter and Maria Hoey\n- [His Father Lost His Life’s Savings in a Scam. A Fake Lawyer Offered to Help.](https:\/\/www.nytimes.com\/2026\/03\/13\/business\/financial-fraud-money-scams-elderly-recovery.html)\n  \n  ![Nick Jonas requested a video call with a lawyer who said he could help his father, who had fallen victim to a scam. The lawyer was a fraud.](https:\/\/static01.nyt.com\/images\/2026\/03\/13\/multimedia\/13Biz-Recovery-Scams-zhcg\/13Biz-Recovery-Scams-zhcg-square640.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Jeenah Moon for The New York Times\n- [Driverless Big Rigs Are Coming to American Highways, and Soon](https:\/\/www.nytimes.com\/2026\/03\/17\/business\/self-driving-semi-trucks-texas-us.html)\n  \n  ![Putting driverless trucks, like the ones made by Aurora Innovation, onto regular interstate routes will be a turning point for the industry.](https:\/\/static01.nyt.com\/images\/2026\/03\/03\/business\/00wheels-trucks\/00wheels-trucks-square640.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Aurora Innovation\n\n### Editors’ Picks\n- [To the Delight of Many, Kingston, N.Y. Loses a Defining Feature](https:\/\/www.nytimes.com\/2026\/03\/17\/realestate\/kingston-new-york-pike-plan-sidewalks-time-capsule.html)\n  \n  ![Dozens of buildings in Kingston, N.Y., have had parts of their facades torn off as part of a community-led refurbishment effort. ](https:\/\/static01.nyt.com\/images\/2026\/03\/17\/multimedia\/17re-kingston-mainst-qhvk\/17re-kingston-mainst-qhvk-square640.jpg?quality=75&auto=webp&disable=upscale)\n- [How Did the Naked Dressing Trend Start?](https:\/\/www.nytimes.com\/2026\/03\/09\/fashion\/naked-dressing-red-carpet.html)\n  \n  ![Jennifer Lawrence at the Golden Globes in a Givenchy gown strategically embroidered with flowers.](https:\/\/static01.nyt.com\/images\/2026\/03\/05\/multimedia\/05openthread-askvanessa-wkpq\/05openthread-askvanessa-wkpq-square640.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Frederic J. Brown\/Agence France-Presse — Getty Images\n\n### Trending in The Times\n- [A Widow’s Guide to Sex](https:\/\/www.nytimes.com\/2026\/03\/18\/podcasts\/joan-price-widow-sex.html)\n  \n  ![](https:\/\/static01.nyt.com\/images\/2026\/03\/18\/podcasts\/18modernlove-Joan-Price\/18modernlove-Joan-Price-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Illustration by Brian Rea\n- [Why Some Birds Seem to Be Developing a Cigarette Habit](https:\/\/www.nytimes.com\/2026\/03\/18\/science\/bird-nests-cigarettes.html)\n  \n  ![A blue tit nesting in a cigarette disposal bin in Surrey, England.](https:\/\/static01.nyt.com\/images\/2026\/03\/18\/science\/18HS-tb-cigarette-birds\/18HS-tb-cigarette-birds-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Gillian Pullinger\/Alamy\n- [Opinion: The Scrappy Mayor Showing Democrats How It’s Done](https:\/\/www.nytimes.com\/2026\/03\/17\/opinion\/scranton-biden-2026-midterms.html)\n  \n  ![](https:\/\/static01.nyt.com\/images\/2026\/03\/17\/multimedia\/17-Cottle-007-zvlq\/17-Cottle-007-zvlq-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Jonno Rattman for The New York Times\n- [17 Unforgettable Looks at the Oscars](https:\/\/www.nytimes.com\/2026\/03\/15\/style\/oscars-red-carpet-2026.html)\n  \n  ![Jessie Buckley packed a one-two punch in two-tone Chanel.](https:\/\/static01.nyt.com\/images\/2026\/03\/15\/multimedia\/15oscars-moststylish-buckley2-jzkf\/15oscars-moststylish-buckley2-jzkf-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Daniel Cole\/Reuters\n- [\\$375,000 Homes in Pennsylvania, Missouri and Michigan](https:\/\/www.nytimes.com\/2026\/03\/18\/realestate\/pennsylvania-michigan-missouri-home-sales.html)\n  \n  ![](https:\/\/static01.nyt.com\/images\/2026\/03\/22\/realestate\/18re-WYG-StLouis\/18re-WYG-StLouis-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Canon Shots Photography\n- [The War Is Making It Harder to Keep the Lights On, 2,000 Miles Away](https:\/\/www.nytimes.com\/2026\/03\/16\/business\/iran-bangladesh-imported-gas.html)\n  \n  ![“Bangladeshis are very good at doing one thing, like ready-made garments,” said Mohiuddin Rubel, who runs several garment factories. “We are not diversified.”](https:\/\/static01.nyt.com\/images\/2026\/03\/16\/multimedia\/16Biz-Iran-Bangladesh-02-wlvm\/16Biz-Iran-Bangladesh-02-wlvm-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Fabeha Monir for The New York Times\n- [Looking for Rotisserie Chicken Heaven? It’s in Montreal.](https:\/\/www.nytimes.com\/2026\/03\/17\/dining\/rotisserie-chicken-la-lune-montreal.html)\n  \n  ![](https:\/\/static01.nyt.com\/images\/2026\/03\/17\/multimedia\/17FD-MONTREAL-CHICKEN-promo-ljkc\/17FD-MONTREAL-CHICKEN-promo-ljkc-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Alexi Hobbs for The New York Times\n- [Airport Security Lines Grow Amid Partial Government Shutdown](https:\/\/www.nytimes.com\/video\/travel\/100000010782015\/tsa-lines-dhs-shutdown.html)\n  \n  ![](https:\/\/static01.nyt.com\/images\/2026\/03\/16\/arts\/TSA-THumb2\/TSA-THumb2-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Associated Press\n- [Meteor Streaks Across the Sky Over Pennsylvania and Ohio](https:\/\/www.nytimes.com\/video\/us\/100000010784787\/meteor-ohio-nasa.html)\n  \n  ![The meteor above Western Pennsylvania on Tuesday morning. 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estate and other business holdings](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/realestate-yellow.png)\n\nReal estate and other business holdings\n\nAt least \\$1.3 billion\n\n### Fees & Payouts\n![Crypto ventures](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/crypto-green.png)\n\nCrypto ventures\n\nAt least \\$620 million since 2024, some shared with partners\n\n![Royalties](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/royalties.png)\n\nRoyalties\n\nAt least \\$11 million in 2024\n\n### Liabilities\n![Real estate debt](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/realestate-red.png)\n\nReal estate debt\n\nAt least \\$100 million\n\n![Lawsuit judgments](https:\/\/static01.nytimes.com\/newsgraphics\/bk-RRo1mJBPnUKDUw\/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs\/_assets\/icons\/lawsuits.png)\n\nLawsuit judgments\n\n\\$540 million plus interest\n\nPresident Trump has long boasted of being a billionaire — even as journalists, accountants and the New York attorney general [have cast doubt](https:\/\/www.nytimes.com\/2024\/02\/16\/nyregion\/trump-civil-fraud-trial-ruling.html) on just how many billions he is worth.\n\nMr. Trump’s precise net worth is unknowable, partly because the Trump family business is a privately held company that discloses little about its financials. The president also derives some of his wealth from real estate, the value of which can be difficult to estimate. And some of his assets are shared with family members or business partners, making it tricky to untangle what portion belongs to him.\n\nStill, some of the president’s financial holdings — for example, those in the stock market and the cryptocurrency industry — are publicly known. And [the annual financial disclosure](https:\/\/oge.app.box.com\/s\/k0hxcezgk7j1cyqoue16cillsi9srmfu) that Mr. Trump must file as president offers a snapshot of the murkier elements of his business. It also lists his outstanding debts, including from a few recent legal judgments against him.\n\nTogether, that information shows that Mr. Trump’s net worth has soared in the early months of his second term, mostly thanks to his crypto investments, suggesting that he might now be worth \\$10 billion or more. Yet a vast majority of that sum is not liquid. He would have to unload investments and sell his stakes in various ventures to realize much of that wealth.\n\nHere is a breakdown of what we know — and don’t know — about the president’s net worth.\n\nCryptocurrencies\n\nAs much as\n\n\\$7.1 billion\n\nCrypto is a relatively new area for the Trump family. But in just a couple of years, Mr. Trump has accumulated a sprawling array of crypto investments that touch virtually every part of the industry.\n\n**Memecoin**\n\nA massive portion of Mr. Trump’s wealth is only six months old: a so-called memecoin, \\$TRUMP, that he unveiled just days before his inauguration in January. (A memecoin is a type of digital currency tied to an online joke or mascot, and it typically has no function beyond speculation.) Mr. Trump and his partners still own the lion’s share of the \\$TRUMP coins that have been created.\n\nAt the current trading price of around \\$8.67, as of noon E.T. on July 1, those holdings amount to about \\$6.9 billion. But this value is not liquid: The coins owned by Mr. Trump cannot currently be traded, and any large sale would cause the price to crater. It is also unclear how much belongs to Mr. Trump versus his partners.\n\n\\$TRUMP memecoin market value\n\nSource: CoinGecko\n\nNote: Market value calculated by multiplying 800 million coins (those held by Trump and his business partners) and 200 million coins (non-Trump holdings) by the daily price of \\$TRUMP memecoin. Data is through July 1.\n\nBy Karl Russell\n\nAlong with the value of the \\$TRUMP coins that the president holds, he also benefits from transaction fees every time the memecoin is traded. To date, these fees have totaled at least \\$320 million, which the Trump family shares with its business partners, according to Chainalysis, a crypto analytics firm.\n\n**World Liberty Financial**\n\nThe president’s headfirst dive into the crypto industry has been highly lucrative — and not just because of his memecoin. The crypto firm that he helped start during last year’s presidential campaign, World Liberty Financial, [has also generated a significant sum](https:\/\/www.nytimes.com\/2025\/04\/29\/us\/politics\/trump-crypto-world-liberty-financial.html) from the sale of its own digital tokens, known as WLFI.\n\nA business owned by the Trump family is entitled to 75 percent of the revenue from token sales, after a \\$30 million threshold is reached and expenses are deducted. World Liberty said in March that it had sold [\\$550 million](https:\/\/www.businesswire.com\/news\/home\/20250317855322\/en\/Trump-Inspired-World-Liberty-Financial-Closes-%24550-Million-Across-Token-Sales) in tokens, and then reported subsequent sales of [\\$25 million](https:\/\/www.dwf-labs.com\/news\/541-us-expansion-wlfi-crypto-investment-announcement) and [\\$100 million](https:\/\/www.bloomberg.com\/news\/articles\/2025-06-26\/trump-s-crypto-project-gets-100-million-from-uae-based-fund). The sales likely netted more — possibly much more — than \\$300 million for the Trump family, though the president’s precise earnings will not be known until he files his next annual financial report.\n\nMr. Trump also controls his own stash of more than 15 billion World Liberty tokens, according to his most recent disclosure. The tokens are currently not tradeable, making it difficult to estimate their value. For now, owning them simply allows holders to vote on some of World Liberty Financial’s business decisions.\n\nBut data collected by the crypto forensics firm Nansen shows that some of the tokens were originally sold at 1.5 cents apiece — consistent with pricing information that World Liberty circulated to investors last year.\n\nThat would put the value of Mr. Trump’s holdings at roughly \\$236 million.\n\nAnd it’s possible that World Liberty will eventually allow the tokens to be traded, which could cause their value to skyrocket. The company has said it is working on making the tokens “transferable,” though it’s not clear exactly what that means. At a crypto conference in New York on June 25, one of World Liberty’s founders, Zak Folkman, hinted that an announcement could come in the next couple of weeks.\n\n“Everybody is going to be very, very happy,” he said.\n\nStocks, bonds and cash\n\nAt least\n\n\\$2.2 billion\n\n**Trump Media & Technology Group**\n\nThe second largest source of President Trump’s net worth, after the memecoin, is his stake in the publicly traded corporation that runs his social media venture, Truth Social. The president owns 115 million shares in the company, Trump Media & Technology Group, making his stake worth about \\$2 billion based on the current price of the stock.\n\nBut unless he sells the shares, this aspect of his net worth is theoretical, existing only on paper. And the value of Trump Media shares has fallen precipitously since his inauguration. At its peak, Mr. Trump’s stake in the company was worth about \\$6 billion.\n\nTrump Media & Technology market value\n\nSource: LSEG Data & Analytics\n\nNote: Trump holdings calculated by multiplying Trump entities’ 115 million shares by the daily close price. Total is the historical market capitalization. Data is through July 1.\n\nBy Karl Russell\n\n**Other investments**\n\nThe president also has an expansive financial investment portfolio that was worth at least \\$236 million, according to his most recent financial disclosure, which covers 2024. The exact size of his portfolio is unknown because his financial disclosure reports these assets in wide ranges.\n\nOne entry in the disclosure indicated that Mr. Trump held more than \\$50 million in a money-market fund with no top value provided, making it impossible to determine the true maximum total of his holdings.\n\n[The New York Times previously analyzed](https:\/\/www.nytimes.com\/2025\/04\/18\/us\/politics\/trump-bonds-tariffs.html) the financial disclosure he filed last year to determine the breakdown of his holdings in bonds, cash and stocks.\n\nIf Mr. Trump held the low end of the range for each asset listed, bonds would have accounted for about 60 percent of Mr. Trump’s portfolio; cash and similar investments for roughly 30 percent; and stocks for less than 10 percent. Municipal bonds represented nearly 80 percent of Mr. Trump’s bond holdings, according to the minimum values reported.\n\nAt minimum, Mr. Trump’s investment portfolio of stocks, bonds and cash produced \\$13 million in dividends and interest last year.\n\nReal estate and other business holdings\n\nAt least\n\n\\$1.3 billion\n\nBefore Mr. Trump was a crypto mogul, he drew much of his net worth from the value of his real estate — hotels, residential properties, golf clubs and commercial office towers. This business has ebbed and flowed over the years, though it remains important for Mr. Trump.\n\nIt is difficult to determine the exact value of his real estate; he offers only estimates in his financial disclosures. For example, he valued 19 different real estate assets at more than \\$50 million each in his latest disclosure, with no reported maximum. All told, he valued his properties and other business holdings at a minimum of \\$1.3 billion, excluding Trump Media and World Liberty.\n\nThe New York attorney general accused Mr. Trump of inflating his real estate values to secure favorable loans from banks, prompting a monthslong civil trial that resulted in a nearly half-billion-dollar judgment against him.\n\nThese properties also generate revenue, though he does not reveal his expenses or investments in the properties, so profit or loss cannot be determined. In 2024, the top two revenue generators were in Florida: the Trump National Doral golf club near Miami (\\$110 million) and his Mar-a-Lago private club and estate (\\$50 million).\n\nRoyalties\n\nAt least\n\n\\$11 million\n\nin 2024\n\nGold watches. An electric guitar. A coffee-table book. Sneakers and a Bible.\n\nMr. Trump has put his name on a wide variety of consumer products — and these deals generate a steady flow of royalty payments for him. In 2024, he received more than \\$11 million in such payments, according to his financial disclosure.\n\nDebts\n\nMore than\n\n\\$640 million\n\nplus interest\n\n**Real estate**\n\nLike almost any real estate investor, Mr. Trump has sizable loans on some of his properties. His company [said it recently paid off a \\$160 million loan](https:\/\/www.reuters.com\/business\/finance\/trump-organization-pays-off-loan-40-wall-street-new-york-2025-06-23\/) on its 40 Wall Street office building in Manhattan, though he still owed more than \\$100 million on other properties, according to his latest disclosure.\n\n**Lawsuit judgments**\n\nThe president’s biggest debt stems from his recent legal troubles: the nearly half-billion-dollar judgment from the attorney general’s office and two lawsuits brought by the writer E. Jean Carroll. In one of those two cases, a Manhattan jury ordered Mr. Trump [to pay Ms. Carroll \\$83.3 million](https:\/\/www.nytimes.com\/2024\/01\/26\/nyregion\/trump-defamation-trial-carroll-verdict.html) for defaming her after she accused him of sexual assault.\n\nA separate jury had earlier [awarded Ms. Carroll \\$5 million](https:\/\/www.nytimes.com\/interactive\/2023\/05\/09\/nyregion\/trump-liable-verdict-form-jury.html) after finding that Mr. Trump had sexually abused her in a Bergdorf Goodman dressing room in the mid-1990s and had defamed her in a Truth Social post.\n\nAfter these courtroom losses, Mr. Trump had to secure hundreds of millions of dollars in so-called appellate bonds, which spare him from paying the judgments while he appeals them. But to do so, he had to pledge a significant amount of his assets to the companies providing the bonds. And if he ultimately loses the appeals, Mr. Trump will owe the full amount of the judgments, plus significant interest.","meta_canonical":null}

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URL	https://www.nytimes.com/interactive/2025/07/02/business/donald-trump-wealth-net-worth.html
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Meta Title	What Is Trump’s Net Worth? Here’s What We Know and Can’t Know. - The New York Times
Meta Description	Though some aspects of the president’s net worth are murky, it has unmistakably soared in the early months of his second term.
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Boilerpipe Text	Asset Values Cryptocurrencies As much as $7.1 billion Stocks, bonds and cash At least $2.2 billion Real estate and other business holdings At least $1.3 billion Fees & Payouts Crypto ventures At least $620 million since 2024, some shared with partners Royalties At least $11 million in 2024 Liabilities Real estate debt At least $100 million Lawsuit judgments $540 million plus interest President Trump has long boasted of being a billionaire — even as journalists, accountants and the New York attorney general have cast doubt on just how many billions he is worth. Mr. Trump’s precise net worth is unknowable, partly because the Trump family business is a privately held company that discloses little about its financials. The president also derives some of his wealth from real estate, the value of which can be difficult to estimate. And some of his assets are shared with family members or business partners, making it tricky to untangle what portion belongs to him. Still, some of the president’s financial holdings — for example, those in the stock market and the cryptocurrency industry — are publicly known. And the annual financial disclosure that Mr. Trump must file as president offers a snapshot of the murkier elements of his business. It also lists his outstanding debts, including from a few recent legal judgments against him. Together, that information shows that Mr. Trump’s net worth has soared in the early months of his second term, mostly thanks to his crypto investments, suggesting that he might now be worth $10 billion or more. Yet a vast majority of that sum is not liquid. He would have to unload investments and sell his stakes in various ventures to realize much of that wealth. Here is a breakdown of what we know — and don’t know — about the president’s net worth. Cryptocurrencies As much as $7.1 billion Crypto is a relatively new area for the Trump family. But in just a couple of years, Mr. Trump has accumulated a sprawling array of crypto investments that touch virtually every part of the industry. Memecoin A massive portion of Mr. Trump’s wealth is only six months old: a so-called memecoin, $TRUMP, that he unveiled just days before his inauguration in January. (A memecoin is a type of digital currency tied to an online joke or mascot, and it typically has no function beyond speculation.) Mr. Trump and his partners still own the lion’s share of the $TRUMP coins that have been created. At the current trading price of around $8.67, as of noon E.T. on July 1, those holdings amount to about $6.9 billion. But this value is not liquid: The coins owned by Mr. Trump cannot currently be traded, and any large sale would cause the price to crater. It is also unclear how much belongs to Mr. Trump versus his partners. $TRUMP memecoin market value Source: CoinGecko Note: Market value calculated by multiplying 800 million coins (those held by Trump and his business partners) and 200 million coins (non-Trump holdings) by the daily price of $TRUMP memecoin. Data is through July 1. By Karl Russell Along with the value of the $TRUMP coins that the president holds, he also benefits from transaction fees every time the memecoin is traded. To date, these fees have totaled at least $320 million, which the Trump family shares with its business partners, according to Chainalysis, a crypto analytics firm. World Liberty Financial The president’s headfirst dive into the crypto industry has been highly lucrative — and not just because of his memecoin. The crypto firm that he helped start during last year’s presidential campaign, World Liberty Financial, has also generated a significant sum from the sale of its own digital tokens, known as WLFI. A business owned by the Trump family is entitled to 75 percent of the revenue from token sales, after a $30 million threshold is reached and expenses are deducted. World Liberty said in March that it had sold $550 million in tokens, and then reported subsequent sales of $25 million and $100 million . The sales likely netted more — possibly much more — than $300 million for the Trump family, though the president’s precise earnings will not be known until he files his next annual financial report. Mr. Trump also controls his own stash of more than 15 billion World Liberty tokens, according to his most recent disclosure. The tokens are currently not tradeable, making it difficult to estimate their value. For now, owning them simply allows holders to vote on some of World Liberty Financial’s business decisions. But data collected by the crypto forensics firm Nansen shows that some of the tokens were originally sold at 1.5 cents apiece — consistent with pricing information that World Liberty circulated to investors last year. That would put the value of Mr. Trump’s holdings at roughly $236 million. And it’s possible that World Liberty will eventually allow the tokens to be traded, which could cause their value to skyrocket. The company has said it is working on making the tokens “transferable,” though it’s not clear exactly what that means. At a crypto conference in New York on June 25, one of World Liberty’s founders, Zak Folkman, hinted that an announcement could come in the next couple of weeks. “Everybody is going to be very, very happy,” he said. Stocks, bonds and cash At least $2.2 billion Trump Media & Technology Group The second largest source of President Trump’s net worth, after the memecoin, is his stake in the publicly traded corporation that runs his social media venture, Truth Social. The president owns 115 million shares in the company, Trump Media & Technology Group, making his stake worth about $2 billion based on the current price of the stock. But unless he sells the shares, this aspect of his net worth is theoretical, existing only on paper. And the value of Trump Media shares has fallen precipitously since his inauguration. At its peak, Mr. Trump’s stake in the company was worth about $6 billion. Trump Media & Technology market value Source: LSEG Data & Analytics Note: Trump holdings calculated by multiplying Trump entities’ 115 million shares by the daily close price. Total is the historical market capitalization. Data is through July 1. By Karl Russell Other investments The president also has an expansive financial investment portfolio that was worth at least $236 million, according to his most recent financial disclosure, which covers 2024. The exact size of his portfolio is unknown because his financial disclosure reports these assets in wide ranges. One entry in the disclosure indicated that Mr. Trump held more than $50 million in a money-market fund with no top value provided, making it impossible to determine the true maximum total of his holdings. The New York Times previously analyzed the financial disclosure he filed last year to determine the breakdown of his holdings in bonds, cash and stocks. If Mr. Trump held the low end of the range for each asset listed, bonds would have accounted for about 60 percent of Mr. Trump’s portfolio; cash and similar investments for roughly 30 percent; and stocks for less than 10 percent. Municipal bonds represented nearly 80 percent of Mr. Trump’s bond holdings, according to the minimum values reported. At minimum, Mr. Trump’s investment portfolio of stocks, bonds and cash produced $13 million in dividends and interest last year. Real estate and other business holdings At least $1.3 billion Before Mr. Trump was a crypto mogul, he drew much of his net worth from the value of his real estate — hotels, residential properties, golf clubs and commercial office towers. This business has ebbed and flowed over the years, though it remains important for Mr. Trump. It is difficult to determine the exact value of his real estate; he offers only estimates in his financial disclosures. For example, he valued 19 different real estate assets at more than $50 million each in his latest disclosure, with no reported maximum. All told, he valued his properties and other business holdings at a minimum of $1.3 billion, excluding Trump Media and World Liberty. The New York attorney general accused Mr. Trump of inflating his real estate values to secure favorable loans from banks, prompting a monthslong civil trial that resulted in a nearly half-billion-dollar judgment against him. These properties also generate revenue, though he does not reveal his expenses or investments in the properties, so profit or loss cannot be determined. In 2024, the top two revenue generators were in Florida: the Trump National Doral golf club near Miami ($110 million) and his Mar-a-Lago private club and estate ($50 million). Royalties At least $11 million in 2024 Gold watches. An electric guitar. A coffee-table book. Sneakers and a Bible. Mr. Trump has put his name on a wide variety of consumer products — and these deals generate a steady flow of royalty payments for him. In 2024, he received more than $11 million in such payments, according to his financial disclosure. Debts More than $640 million plus interest Real estate Like almost any real estate investor, Mr. Trump has sizable loans on some of his properties. His company said it recently paid off a $160 million loan on its 40 Wall Street office building in Manhattan, though he still owed more than $100 million on other properties, according to his latest disclosure. Lawsuit judgments The president’s biggest debt stems from his recent legal troubles: the nearly half-billion-dollar judgment from the attorney general’s office and two lawsuits brought by the writer E. Jean Carroll. In one of those two cases, a Manhattan jury ordered Mr. Trump to pay Ms. Carroll $83.3 million for defaming her after she accused him of sexual assault. A separate jury had earlier awarded Ms. Carroll $5 million after finding that Mr. Trump had sexually abused her in a Bergdorf Goodman dressing room in the mid-1990s and had defamed her in a Truth Social post. After these courtroom losses, Mr. Trump had to secure hundreds of millions of dollars in so-called appellate bonds, which spare him from paying the judgments while he appeals them. But to do so, he had to pledge a significant amount of his assets to the companies providing the bonds. And if he ultimately loses the appeals, Mr. Trump will owe the full amount of the judgments, plus significant interest.
Markdown	[Skip to content](https://www.nytimes.com/interactive/2025/07/02/business/donald-trump-wealth-net-worth.html#site-content)[Skip to site index](https://www.nytimes.com/interactive/2025/07/02/business/donald-trump-wealth-net-worth.html#site-index) Search & Section Navigation Section Navigation Search [Business](https://www.nytimes.com/section/business) [Log in](https://myaccount.nytimes.com/auth/login?response_type=cookie&client_id=vi&redirect_uri=https%3A%2F%2Fwww.nytimes.com%2Fsubscription%2Fonboarding-offer%3FcampaignId%3D7JFJX%26EXIT_URI%3Dhttps%253A%252F%252Fwww.nytimes.com%252Finteractive%252F2025%252F07%252F02%252Fbusiness%252Fdonald-trump-wealth-net-worth.html&asset=masthead) [Today’s Paper](https://www.nytimes.com/section/todayspaper) Trump Administration - live[Updates](https://www.nytimes.com/live/2026/03/18/us/trump-news) March 18, 2026, 9:13 a.m. ET6m ago - live[War in the Middle East](https://www.nytimes.com/live/2026/03/18/world/iran-war-news-trump-oil) March 18, 2026, 9:16 a.m. ET3m ago - [Counterterrorism Official Resigns](https://www.nytimes.com/2026/03/17/us/politics/joe-kent-counterterrorism-resigns-iran-war.html) - [Job Losses](https://www.nytimes.com/2026/03/06/business/economy/what-to-know-about-the-report.html) - [Epstein Files](https://www.nytimes.com/interactive/2026/us/epstein-files-names-fired-resigned-fallout.html) - [Approval Rating](https://www.nytimes.com/interactive/polls/donald-trump-approval-rating-polls.html) Advertisement [SKIP ADVERTISEMENT](https://www.nytimes.com/interactive/2025/07/02/business/donald-trump-wealth-net-worth.html#after-top) # What Is Trump’s Net Worth? Here’s What We Know and Can’t Know. By [Ben Protess](https://www.nytimes.com/by/ben-protess), [Andrea Fuller](https://www.nytimes.com/by/andrea-fuller) and [David Yaffe-Bellany](http://www.nytimes.com/by/david-yaffe-bellany) July 2, 2025 - Share full article - 143 ### Asset Values ![Cryptocurrencies](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/crypto-yellow.png) Cryptocurrencies As much as \$7.1 billion ![Stocks, bonds and cash](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/stocks.png) Stocks, bonds and cash At least \$2.2 billion ![Real estate and other business holdings](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/realestate-yellow.png) Real estate and other business holdings At least \$1.3 billion ### Fees & Payouts ![Crypto ventures](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/crypto-green.png) Crypto ventures At least \$620 million since 2024, some shared with partners ![Royalties](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/royalties.png) Royalties At least \$11 million in 2024 ### Liabilities ![Real estate debt](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/realestate-red.png) Real estate debt At least \$100 million ![Lawsuit judgments](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/lawsuits.png) Lawsuit judgments \$540 million plus interest President Trump has long boasted of being a billionaire — even as journalists, accountants and the New York attorney general [have cast doubt](https://www.nytimes.com/2024/02/16/nyregion/trump-civil-fraud-trial-ruling.html) on just how many billions he is worth. Mr. Trump’s precise net worth is unknowable, partly because the Trump family business is a privately held company that discloses little about its financials. The president also derives some of his wealth from real estate, the value of which can be difficult to estimate. And some of his assets are shared with family members or business partners, making it tricky to untangle what portion belongs to him. Still, some of the president’s financial holdings — for example, those in the stock market and the cryptocurrency industry — are publicly known. And [the annual financial disclosure](https://oge.app.box.com/s/k0hxcezgk7j1cyqoue16cillsi9srmfu) that Mr. Trump must file as president offers a snapshot of the murkier elements of his business. It also lists his outstanding debts, including from a few recent legal judgments against him. Together, that information shows that Mr. Trump’s net worth has soared in the early months of his second term, mostly thanks to his crypto investments, suggesting that he might now be worth \$10 billion or more. Yet a vast majority of that sum is not liquid. He would have to unload investments and sell his stakes in various ventures to realize much of that wealth. Here is a breakdown of what we know — and don’t know — about the president’s net worth. ![](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/crypto-yellow.png) ## Cryptocurrencies As much as \$7.1 billion Crypto is a relatively new area for the Trump family. But in just a couple of years, Mr. Trump has accumulated a sprawling array of crypto investments that touch virtually every part of the industry. Memecoin A massive portion of Mr. Trump’s wealth is only six months old: a so-called memecoin, \$TRUMP, that he unveiled just days before his inauguration in January. (A memecoin is a type of digital currency tied to an online joke or mascot, and it typically has no function beyond speculation.) Mr. Trump and his partners still own the lion’s share of the \$TRUMP coins that have been created. At the current trading price of around \$8.67, as of noon E.T. on July 1, those holdings amount to about \$6.9 billion. But this value is not liquid: The coins owned by Mr. Trump cannot currently be traded, and any large sale would cause the price to crater. It is also unclear how much belongs to Mr. Trump versus his partners. ### \$TRUMP memecoin market value ![](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/trump-memecoin-600.png) \$45 billion 40 35 30 25 20 15 Total 10 Trump holdings 5 Jan. Feb. March April May June 2025 ![](data:image/gif;base64,R0lGODlhCgAKAIAAAB8fHwAAACH5BAEAAAAALAAAAAAKAAoAAAIIhI+py+0PYysAOw==) \$45 billion 40 35 30 25 20 15 Total 10 Trump holdings 5 Jan. Feb. March April May June 2025 Source: CoinGecko Note: Market value calculated by multiplying 800 million coins (those held by Trump and his business partners) and 200 million coins (non-Trump holdings) by the daily price of \$TRUMP memecoin. Data is through July 1. By Karl Russell Along with the value of the \$TRUMP coins that the president holds, he also benefits from transaction fees every time the memecoin is traded. To date, these fees have totaled at least \$320 million, which the Trump family shares with its business partners, according to Chainalysis, a crypto analytics firm. World Liberty Financial The president’s headfirst dive into the crypto industry has been highly lucrative — and not just because of his memecoin. The crypto firm that he helped start during last year’s presidential campaign, World Liberty Financial, [has also generated a significant sum](https://www.nytimes.com/2025/04/29/us/politics/trump-crypto-world-liberty-financial.html) from the sale of its own digital tokens, known as WLFI. A business owned by the Trump family is entitled to 75 percent of the revenue from token sales, after a \$30 million threshold is reached and expenses are deducted. World Liberty said in March that it had sold [\$550 million](https://www.businesswire.com/news/home/20250317855322/en/Trump-Inspired-World-Liberty-Financial-Closes-%24550-Million-Across-Token-Sales) in tokens, and then reported subsequent sales of [\$25 million](https://www.dwf-labs.com/news/541-us-expansion-wlfi-crypto-investment-announcement) and [\$100 million](https://www.bloomberg.com/news/articles/2025-06-26/trump-s-crypto-project-gets-100-million-from-uae-based-fund). The sales likely netted more — possibly much more — than \$300 million for the Trump family, though the president’s precise earnings will not be known until he files his next annual financial report. Mr. Trump also controls his own stash of more than 15 billion World Liberty tokens, according to his most recent disclosure. The tokens are currently not tradeable, making it difficult to estimate their value. For now, owning them simply allows holders to vote on some of World Liberty Financial’s business decisions. But data collected by the crypto forensics firm Nansen shows that some of the tokens were originally sold at 1.5 cents apiece — consistent with pricing information that World Liberty circulated to investors last year. That would put the value of Mr. Trump’s holdings at roughly \$236 million. And it’s possible that World Liberty will eventually allow the tokens to be traded, which could cause their value to skyrocket. The company has said it is working on making the tokens “transferable,” though it’s not clear exactly what that means. At a crypto conference in New York on June 25, one of World Liberty’s founders, Zak Folkman, hinted that an announcement could come in the next couple of weeks. “Everybody is going to be very, very happy,” he said. ![](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/stocks.png) ## Stocks, bonds and cash At least \$2.2 billion Trump Media & Technology Group The second largest source of President Trump’s net worth, after the memecoin, is his stake in the publicly traded corporation that runs his social media venture, Truth Social. The president owns 115 million shares in the company, Trump Media & Technology Group, making his stake worth about \$2 billion based on the current price of the stock. But unless he sells the shares, this aspect of his net worth is theoretical, existing only on paper. And the value of Trump Media shares has fallen precipitously since his inauguration. At its peak, Mr. Trump’s stake in the company was worth about \$6 billion. ### Trump Media & Technology market value ![](data:image/gif;base64,R0lGODlhCgAKAIAAAB8fHwAAACH5BAEAAAAALAAAAAAKAAoAAAIIhI+py+0PYysAOw==) \$10 billion 8 6 Total 4 2 Trump holdings M J J A S O N D J F M A M J 2024 2025 ![](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/trump-media-600.png) \$10 billion 8 6 Total 4 Trump holdings 2 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. March April May June 2024 2025 Source: LSEG Data & Analytics Note: Trump holdings calculated by multiplying Trump entities’ 115 million shares by the daily close price. Total is the historical market capitalization. Data is through July 1. By Karl Russell Other investments The president also has an expansive financial investment portfolio that was worth at least \$236 million, according to his most recent financial disclosure, which covers 2024. The exact size of his portfolio is unknown because his financial disclosure reports these assets in wide ranges. One entry in the disclosure indicated that Mr. Trump held more than \$50 million in a money-market fund with no top value provided, making it impossible to determine the true maximum total of his holdings. [The New York Times previously analyzed](https://www.nytimes.com/2025/04/18/us/politics/trump-bonds-tariffs.html) the financial disclosure he filed last year to determine the breakdown of his holdings in bonds, cash and stocks. If Mr. Trump held the low end of the range for each asset listed, bonds would have accounted for about 60 percent of Mr. Trump’s portfolio; cash and similar investments for roughly 30 percent; and stocks for less than 10 percent. Municipal bonds represented nearly 80 percent of Mr. Trump’s bond holdings, according to the minimum values reported. At minimum, Mr. Trump’s investment portfolio of stocks, bonds and cash produced \$13 million in dividends and interest last year. ![](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/realestate-yellow.png) ## Real estate and other business holdings At least \$1.3 billion Before Mr. Trump was a crypto mogul, he drew much of his net worth from the value of his real estate — hotels, residential properties, golf clubs and commercial office towers. This business has ebbed and flowed over the years, though it remains important for Mr. Trump. It is difficult to determine the exact value of his real estate; he offers only estimates in his financial disclosures. For example, he valued 19 different real estate assets at more than \$50 million each in his latest disclosure, with no reported maximum. All told, he valued his properties and other business holdings at a minimum of \$1.3 billion, excluding Trump Media and World Liberty. The New York attorney general accused Mr. Trump of inflating his real estate values to secure favorable loans from banks, prompting a monthslong civil trial that resulted in a nearly half-billion-dollar judgment against him. These properties also generate revenue, though he does not reveal his expenses or investments in the properties, so profit or loss cannot be determined. In 2024, the top two revenue generators were in Florida: the Trump National Doral golf club near Miami (\$110 million) and his Mar-a-Lago private club and estate (\$50 million). ![](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/royalties.png) ## Royalties At least \$11 million in 2024 Gold watches. An electric guitar. A coffee-table book. Sneakers and a Bible. Mr. Trump has put his name on a wide variety of consumer products — and these deals generate a steady flow of royalty payments for him. In 2024, he received more than \$11 million in such payments, according to his financial disclosure. ![](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/lawsuits.png) ## Debts More than \$640 million plus interest Real estate Like almost any real estate investor, Mr. Trump has sizable loans on some of his properties. His company [said it recently paid off a \$160 million loan](https://www.reuters.com/business/finance/trump-organization-pays-off-loan-40-wall-street-new-york-2025-06-23/) on its 40 Wall Street office building in Manhattan, though he still owed more than \$100 million on other properties, according to his latest disclosure. Lawsuit judgments The president’s biggest debt stems from his recent legal troubles: the nearly half-billion-dollar judgment from the attorney general’s office and two lawsuits brought by the writer E. Jean Carroll. In one of those two cases, a Manhattan jury ordered Mr. Trump [to pay Ms. Carroll \$83.3 million](https://www.nytimes.com/2024/01/26/nyregion/trump-defamation-trial-carroll-verdict.html) for defaming her after she accused him of sexual assault. A separate jury had earlier [awarded Ms. Carroll \$5 million](https://www.nytimes.com/interactive/2023/05/09/nyregion/trump-liable-verdict-form-jury.html) after finding that Mr. Trump had sexually abused her in a Bergdorf Goodman dressing room in the mid-1990s and had defamed her in a Truth Social post. After these courtroom losses, Mr. Trump had to secure hundreds of millions of dollars in so-called appellate bonds, which spare him from paying the judgments while he appeals them. But to do so, he had to pledge a significant amount of his assets to the companies providing the bonds. And if he ultimately loses the appeals, Mr. Trump will owe the full amount of the judgments, plus significant interest. - Share full article - 143 Lily Boyce and Karl Russell contributed graphics. See more on: [U.S. Politics](https://www.nytimes.com/section/politics), [Trump Media & Technology Group](https://www.nytimes.com/topic/trump-media-technology-group), [Donald Trump](https://www.nytimes.com/spotlight/donald-trump) Read 143 comments - Share full article - 143 * ## The Latest on the Trump Administration * - Legal Retribution Campaign: In the wake of a lacerating ruling by a federal judge derailing an inquiry into the Federal Reserve chair, Jerome Powell, [prosecutors are floundering](https://www.nytimes.com/2026/03/16/us/politics/trump-justice-department-investigations.html) in the most basic steps of criminal investigations into those President Trump wants scrutinized. - Susie Wiles Diagnosed With Breast Cancer: Trump’s White House chief of staff, the first woman to ever hold that position, said that the disease was caught in its early stages, and [she is not planning to take a leave](https://www.nytimes.com/2026/03/16/us/politics/susie-wiles-breast-cancer.html). - War in the Middle East: The president is no stranger to staking out contradictory stands, part of what his aides say is his negotiating style. 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Readable Markdown	### Asset Values ![Cryptocurrencies](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/crypto-yellow.png) Cryptocurrencies As much as \$7.1 billion ![Stocks, bonds and cash](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/stocks.png) Stocks, bonds and cash At least \$2.2 billion ![Real estate and other business holdings](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/realestate-yellow.png) Real estate and other business holdings At least \$1.3 billion ### Fees & Payouts ![Crypto ventures](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/crypto-green.png) Crypto ventures At least \$620 million since 2024, some shared with partners ![Royalties](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/royalties.png) Royalties At least \$11 million in 2024 ### Liabilities ![Real estate debt](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/realestate-red.png) Real estate debt At least \$100 million ![Lawsuit judgments](https://static01.nytimes.com/newsgraphics/bk-RRo1mJBPnUKDUw/ZOwcSF3GMJ0uyzvgp8MpXVeOAgs/_assets/icons/lawsuits.png) Lawsuit judgments \$540 million plus interest President Trump has long boasted of being a billionaire — even as journalists, accountants and the New York attorney general [have cast doubt](https://www.nytimes.com/2024/02/16/nyregion/trump-civil-fraud-trial-ruling.html) on just how many billions he is worth. Mr. Trump’s precise net worth is unknowable, partly because the Trump family business is a privately held company that discloses little about its financials. The president also derives some of his wealth from real estate, the value of which can be difficult to estimate. And some of his assets are shared with family members or business partners, making it tricky to untangle what portion belongs to him. Still, some of the president’s financial holdings — for example, those in the stock market and the cryptocurrency industry — are publicly known. And [the annual financial disclosure](https://oge.app.box.com/s/k0hxcezgk7j1cyqoue16cillsi9srmfu) that Mr. Trump must file as president offers a snapshot of the murkier elements of his business. It also lists his outstanding debts, including from a few recent legal judgments against him. Together, that information shows that Mr. Trump’s net worth has soared in the early months of his second term, mostly thanks to his crypto investments, suggesting that he might now be worth \$10 billion or more. Yet a vast majority of that sum is not liquid. He would have to unload investments and sell his stakes in various ventures to realize much of that wealth. Here is a breakdown of what we know — and don’t know — about the president’s net worth. Cryptocurrencies As much as \$7.1 billion Crypto is a relatively new area for the Trump family. But in just a couple of years, Mr. Trump has accumulated a sprawling array of crypto investments that touch virtually every part of the industry. Memecoin A massive portion of Mr. Trump’s wealth is only six months old: a so-called memecoin, \$TRUMP, that he unveiled just days before his inauguration in January. (A memecoin is a type of digital currency tied to an online joke or mascot, and it typically has no function beyond speculation.) Mr. Trump and his partners still own the lion’s share of the \$TRUMP coins that have been created. At the current trading price of around \$8.67, as of noon E.T. on July 1, those holdings amount to about \$6.9 billion. But this value is not liquid: The coins owned by Mr. Trump cannot currently be traded, and any large sale would cause the price to crater. It is also unclear how much belongs to Mr. Trump versus his partners. \$TRUMP memecoin market value Source: CoinGecko Note: Market value calculated by multiplying 800 million coins (those held by Trump and his business partners) and 200 million coins (non-Trump holdings) by the daily price of \$TRUMP memecoin. Data is through July 1. By Karl Russell Along with the value of the \$TRUMP coins that the president holds, he also benefits from transaction fees every time the memecoin is traded. To date, these fees have totaled at least \$320 million, which the Trump family shares with its business partners, according to Chainalysis, a crypto analytics firm. World Liberty Financial The president’s headfirst dive into the crypto industry has been highly lucrative — and not just because of his memecoin. The crypto firm that he helped start during last year’s presidential campaign, World Liberty Financial, [has also generated a significant sum](https://www.nytimes.com/2025/04/29/us/politics/trump-crypto-world-liberty-financial.html) from the sale of its own digital tokens, known as WLFI. A business owned by the Trump family is entitled to 75 percent of the revenue from token sales, after a \$30 million threshold is reached and expenses are deducted. World Liberty said in March that it had sold [\$550 million](https://www.businesswire.com/news/home/20250317855322/en/Trump-Inspired-World-Liberty-Financial-Closes-%24550-Million-Across-Token-Sales) in tokens, and then reported subsequent sales of [\$25 million](https://www.dwf-labs.com/news/541-us-expansion-wlfi-crypto-investment-announcement) and [\$100 million](https://www.bloomberg.com/news/articles/2025-06-26/trump-s-crypto-project-gets-100-million-from-uae-based-fund). The sales likely netted more — possibly much more — than \$300 million for the Trump family, though the president’s precise earnings will not be known until he files his next annual financial report. Mr. Trump also controls his own stash of more than 15 billion World Liberty tokens, according to his most recent disclosure. The tokens are currently not tradeable, making it difficult to estimate their value. For now, owning them simply allows holders to vote on some of World Liberty Financial’s business decisions. But data collected by the crypto forensics firm Nansen shows that some of the tokens were originally sold at 1.5 cents apiece — consistent with pricing information that World Liberty circulated to investors last year. That would put the value of Mr. Trump’s holdings at roughly \$236 million. And it’s possible that World Liberty will eventually allow the tokens to be traded, which could cause their value to skyrocket. The company has said it is working on making the tokens “transferable,” though it’s not clear exactly what that means. At a crypto conference in New York on June 25, one of World Liberty’s founders, Zak Folkman, hinted that an announcement could come in the next couple of weeks. “Everybody is going to be very, very happy,” he said. Stocks, bonds and cash At least \$2.2 billion Trump Media & Technology Group The second largest source of President Trump’s net worth, after the memecoin, is his stake in the publicly traded corporation that runs his social media venture, Truth Social. The president owns 115 million shares in the company, Trump Media & Technology Group, making his stake worth about \$2 billion based on the current price of the stock. But unless he sells the shares, this aspect of his net worth is theoretical, existing only on paper. And the value of Trump Media shares has fallen precipitously since his inauguration. At its peak, Mr. Trump’s stake in the company was worth about \$6 billion. Trump Media & Technology market value Source: LSEG Data & Analytics Note: Trump holdings calculated by multiplying Trump entities’ 115 million shares by the daily close price. Total is the historical market capitalization. Data is through July 1. By Karl Russell Other investments The president also has an expansive financial investment portfolio that was worth at least \$236 million, according to his most recent financial disclosure, which covers 2024. The exact size of his portfolio is unknown because his financial disclosure reports these assets in wide ranges. One entry in the disclosure indicated that Mr. Trump held more than \$50 million in a money-market fund with no top value provided, making it impossible to determine the true maximum total of his holdings. [The New York Times previously analyzed](https://www.nytimes.com/2025/04/18/us/politics/trump-bonds-tariffs.html) the financial disclosure he filed last year to determine the breakdown of his holdings in bonds, cash and stocks. If Mr. Trump held the low end of the range for each asset listed, bonds would have accounted for about 60 percent of Mr. Trump’s portfolio; cash and similar investments for roughly 30 percent; and stocks for less than 10 percent. Municipal bonds represented nearly 80 percent of Mr. Trump’s bond holdings, according to the minimum values reported. At minimum, Mr. Trump’s investment portfolio of stocks, bonds and cash produced \$13 million in dividends and interest last year. Real estate and other business holdings At least \$1.3 billion Before Mr. Trump was a crypto mogul, he drew much of his net worth from the value of his real estate — hotels, residential properties, golf clubs and commercial office towers. This business has ebbed and flowed over the years, though it remains important for Mr. Trump. It is difficult to determine the exact value of his real estate; he offers only estimates in his financial disclosures. For example, he valued 19 different real estate assets at more than \$50 million each in his latest disclosure, with no reported maximum. All told, he valued his properties and other business holdings at a minimum of \$1.3 billion, excluding Trump Media and World Liberty. The New York attorney general accused Mr. Trump of inflating his real estate values to secure favorable loans from banks, prompting a monthslong civil trial that resulted in a nearly half-billion-dollar judgment against him. These properties also generate revenue, though he does not reveal his expenses or investments in the properties, so profit or loss cannot be determined. In 2024, the top two revenue generators were in Florida: the Trump National Doral golf club near Miami (\$110 million) and his Mar-a-Lago private club and estate (\$50 million). Royalties At least \$11 million in 2024 Gold watches. An electric guitar. A coffee-table book. Sneakers and a Bible. Mr. Trump has put his name on a wide variety of consumer products — and these deals generate a steady flow of royalty payments for him. In 2024, he received more than \$11 million in such payments, according to his financial disclosure. Debts More than \$640 million plus interest Real estate Like almost any real estate investor, Mr. Trump has sizable loans on some of his properties. His company [said it recently paid off a \$160 million loan](https://www.reuters.com/business/finance/trump-organization-pays-off-loan-40-wall-street-new-york-2025-06-23/) on its 40 Wall Street office building in Manhattan, though he still owed more than \$100 million on other properties, according to his latest disclosure. Lawsuit judgments The president’s biggest debt stems from his recent legal troubles: the nearly half-billion-dollar judgment from the attorney general’s office and two lawsuits brought by the writer E. Jean Carroll. In one of those two cases, a Manhattan jury ordered Mr. Trump [to pay Ms. Carroll \$83.3 million](https://www.nytimes.com/2024/01/26/nyregion/trump-defamation-trial-carroll-verdict.html) for defaming her after she accused him of sexual assault. A separate jury had earlier [awarded Ms. Carroll \$5 million](https://www.nytimes.com/interactive/2023/05/09/nyregion/trump-liable-verdict-form-jury.html) after finding that Mr. Trump had sexually abused her in a Bergdorf Goodman dressing room in the mid-1990s and had defamed her in a Truth Social post. After these courtroom losses, Mr. Trump had to secure hundreds of millions of dollars in so-called appellate bonds, which spare him from paying the judgments while he appeals them. But to do so, he had to pledge a significant amount of his assets to the companies providing the bonds. And if he ultimately loses the appeals, Mr. Trump will owe the full amount of the judgments, plus significant interest.
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