The investment in WLF, a decentralized finance (DeFi) platform controlled by Trump and his sons, therefore, turned out to be the family’s most lucrative investment in 2024. The filing also shows that Trump holds 15.75 million WLF governance tokens, which give him voting rights.
Trump also earned over $1 million from NFT INT, LLC, which licensed his non-fungible tokens (NFTs). Additionally, he earned $100,000 in royalties from NFT INT and over $216,000 in NFT licensing fees from Designers Manager, according to the financial disclosure.
In a statement on Friday, Eric Trump, the president’s son who runs the Trump Organization, said:
“I have never been more proud of our company — our portfolio is operating flawlessly, and this has been the strongest year in the remarkable history of the Trump Organization.”
This means that even as the majority of small investors have lost money on the token, Trump and his family have earned millions. According to Forbes, if Trump took 90% of the fee earnings he’s supposed to share with his partners, similar to how Trump Media and Technology Group is structured, Trump could be sitting with $315 million.
Moreover, Trump’s financial disclosure does not include the funds raised by WLF in 2025, which will significantly impact his earnings this year. WLF’s first token sale took place in October 2024, when it raised around $300 million. On Jan. 20, the day of Trump’s inauguration, WLF announced its second round of fundraising. The token sales were completed by March, with $250 million raised.
