Home Money & Business Money Analysis of Trump’s alleged income streams: Bibles, cryptocurrency, Truth Social, and gold bars

Analysis of Trump’s alleged income streams: Bibles, cryptocurrency, Truth Social, and gold bars

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Analysis of Trump’s alleged income streams: Bibles, cryptocurrency, Truth Social, and gold bars

Former President Donald Trump’s financial disclosures reveal a diverse portfolio that includes over $1 million in cryptocurrency, up to $250,000 in gold bars, and a vast array of business ventures. The documents, filed as part of his Republican presidential bid, offer insight into Trump’s wealth and income streams.

Trump reported earnings from unconventional sources such as endorsing special editions of the Bible and receiving royalties from books like “Letters to Trump” and “A MAGA Journey.” Additionally, he continues to profit from his media company, Truth Social, which has garnered him over 114 million shares valued at more than $2 billion.

In a surprising move, Trump disclosed holdings of $1 million to $5 million in the cryptocurrency Ethereum and reported earning millions in licensing fees from NFT INT, a digital token firm. His wife, Melania, also earned from selling NFTs. Furthermore, Trump owns $100,000 to $250,000 in gold bars among other sizable investments in stocks, municipal bonds, and real estate.

Trump’s global business empire spans various countries, with ventures ranging from trademark claims to generating substantial income from licenses and golf courses worldwide. His properties, including Mar-a-Lago in Florida and golf clubs in New Jersey, Florida, and Scotland, contribute significantly to his earnings.

On the debt side, Trump faces financial liabilities related to litigation, including a lawsuit by the New York attorney general’s office and judgments from defamation cases. His debts to E. Jean Carroll, a magazine writer, range from $1 million to over $50 million, with ongoing legal battles and appeals challenging the verdicts.

Overall, Trump’s financial disclosures paint a picture of a wealthy and diverse investment portfolio, alongside ongoing legal challenges that impact his financial standing.