U.S. President Donald Trump recorded a significant shift in his business portfolio throughout 2025. According to a 927-page annual financial disclosure document released by the U.S. Office of Government Ethics, crypto assets have now officially become Trump's primary profit engine, surpassing revenue from his real estate empire and golf resorts that have long been his family's mainstay.

Total revenue generated by Trump from the digital asset sector, including crypto, stablecoins, and memecoins, reached a fantastic figure of USD 1.4 billion, equivalent to Rp25.19 trillion. This figure is far ahead compared to the performance of his conventional businesses, where the Mar-a-Lago resort contributed around USD 77 million, while his golf club in Northern Virginia contributed USD 25 million.

The largest contribution to this revenue surge came from the World Liberty Financial initiative run with his sons and business partner Steven Witkoff, achieving more than USD 594 million. In addition, CIC Digital LLC, which manages Trump's memecoin, posted revenue of around USD 636 million, mostly obtained from licensing royalties for Celebration Coins. His digital portfolio was further strengthened by asset holdings in a crypto wallet worth USD 60 million and a divestment of shares in Stablecoin Holdco worth USD 197 million.

Behind these staggering figures, Trump's position has sparked sharp scrutiny over potential conflicts of interest. The absence of a blind trust mechanism or asset management by an independent party during his term in office has critics worried about an overlap between personal business interests and public policy made as president.

Responding to the allegations, Trump insisted that all his investments and assets are managed by independent financial institutions without direct interference from him or his family. He argued that his wealth accumulation is the result of positive market dynamics, while emphasizing that he already had a strong economic foundation even before stepping into the White House.

In addition to the crypto business, the document also details Trump's involvement in the conventional stock market with holdings in major companies such as Apple, Nvidia, and Amazon. On the other hand, the president is still listed as having real estate debt obligations of more than USD 50 million as well as several legal disputes currently undergoing the appeal process.