$649.8Mtaken in
World Liberty Financial
A crypto company that sells its own token, WLFI. World Liberty’s website lists Trump’s sons Donald Jr., Eric and Barron as co-founders, and World Liberty says a Trump Organization entity gets 75% of the revenue from token sales.
- Launched
- 2024
- Owned by
- DT Marks DEFI, a Trump family company, held 38.25% of World Liberty’s holding company in 2025; Trump’s company owns 69% of DT Marks DEFI and members of his family own 30%
On Who He Hired: Donald Trump, Steve Witkoff
The money 9
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$592.4 million
DisclosedIn the total
World Liberty money on his annual financial disclosure for 2025: $526.8 million from token sales and $65.6 million from a sale of equity in WLF Holdco, adding the filing’s own lines. Outlets reading the filing rounded it to more than $500 million.
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$57.4 million
DisclosedIn the total
Income from his stake in World Liberty on his annual financial disclosure for 2024.
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$187 million
Estimated
The Wall Street Journal reported that $187 million of the upfront half of Aryam Investment 1’s $500 million purchase of 49% of World Liberty went to Trump family-controlled entities. The deal was signed January 16, 2025, and half was paid up front. A shareholder lawsuit says this money is part of the $262.5 million in equity-sale proceeds on his 2025 disclosure ($65.6 million to DT Marks DEFI and $196.9 million to DT Marks SC), so it isn’t added on top of them.
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$1.55 billion
Estimated
Bloomberg Billionaires Index estimate of what Trump family members made from selling WLFI tokens, counting sales that hadn’t been disclosed. It overlaps the disclosed figures, so it isn’t added to them.
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$463 million
Estimated
Reuters estimate of what the Trump Organization took in from World Liberty token sales in the first half of 2025. Those months are inside the 2025 disclosure figure.
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$56 million
Estimated
Reuters estimate of what Justin Sun’s token purchases sent to the Trump family under World Liberty’s cash distribution agreement with its co-founders. His purchases fall partly in 2024 and partly in early 2025, inside the disclosed and Reuters figures above.
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$500 million
Estimated
Reuters estimate of what the Trumps stood to gain from ALT5 Sigma using cash from its share sale to buy WLFI tokens from World Liberty. It’s a potential gain rather than money confirmed received. The deal was in 2025, so any of it received is inside the 2025 disclosure figure.
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$5 billion
On paper
Market value of the 22.5 billion WLFI tokens held by members of the Trump family, at about 23 cents a token the day after trading opened. The founding team’s tokens were locked and couldn’t be sold. This is the September 2025 value, not today’s, so it isn’t in the paper total.
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$31 million
Other money
At least $31 million of the upfront Aryam payment went to entities tied to Steve Witkoff’s family, as the Wall Street Journal reported. It isn’t Trump money and isn’t in any total.
What the labels mean
- ConvictedA criminal jury found them guilty, or they pleaded guilty and were sentenced.
- Found liableA civil jury ruled against them.
- Court ruledA judge ruled against them or their policy.
- Watchdog foundAn inspector general, a congressional investigation, Congress’s auditors at the GAO, or a regulator.
- AdmittedThey acknowledged it, or their own filings and records show it.
- On recordSomething they said or did in public.
- ReportedNews reporting they deny or haven’t confirmed.
- AllegedAccusations from lawsuits, complaints or unnamed sources that haven’t been proven.
Admitted or on record 4
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Admitted
World Liberty’s website showed the Trump family company DT Marks DEFI holding 40% of World Liberty’s holding company by June 2025, down from 60% in March.
The Block found the change in the legal text on World Liberty’s website and said it was unclear when it happened. Forbes had reported a 75% stake in December 2024, and Trump’s disclosure for 2025, released June 30, 2026, lists 38.25%. The Block’s report has no comment from World Liberty.
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On record
Nasdaq-listed ALT5 Sigma announced a $1.5 billion share sale to buy WLFI tokens, with World Liberty’s CEO Zach Witkoff set to become its chairman and Eric Trump a director.
Half was $750 million in WLFI tokens traded for ALT5 shares at $7.50 each. The other $750 million was a cash sale, and ALT5’s SEC filing said most of it would go to buying WLFI from World Liberty. Reuters estimated the Trumps stood to gain about $500 million and reported in October 2025 that ALT5’s shares had fallen 75% since the deal. World Liberty’s lawyer called Reuters’ income analysis inaccurate and misleading.
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On record
Justin Sun, who faced an SEC civil fraud case, said he spent at least $75 million on WLFI tokens, making him World Liberty’s second-largest known investor.
Reuters estimated his purchases sent $56 million to the Trump family. It reported in February 2025 that the SEC was exploring a resolution of its case against him. In September 2025 Sun said his tokens were “unreasonably frozen” after World Liberty blacklisted a wallet holding about 545 million tokens, according to Nansen data. World Liberty said, “We do not seek to blacklist anyone,” and that it responds when alerted to malicious or high-risk activity. A spokesperson for Tron, Sun’s crypto company, told Reuters that “Justin and the WLFI team are in active communication about this matter.” Reuters reported in October 2025 that the case was still paused, and Sun didn’t respond to it then. In March 2026 the SEC agreed to drop its charges against Sun, and Rainberry, formerly BitTorrent Inc., agreed to pay a $10 million civil penalty without admitting or denying the allegations.
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Admitted
Trump’s financial disclosure for 2025 lists more than $500 million from World Liberty.
The report, released June 30, 2026, lists $236.25 million in net token-sale proceeds distributed by World Liberty, plus token-sale proceeds received in crypto and dollars, including $150.6 million in ether, $56 million in USDC and $33.5 million in bitcoin. Those token-sale lines add up to about $527 million. With a $65.6 million sale of equity in WLF Holdco, InvestmentNews put the World Liberty total at about $592 million; TIME put the token sales at more than $550 million. The money went to DT Marks DEFI LLC, which is 69% owned by Trump’s DTTM Operations and 30% by members of his family.
Reported and alleged 6
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Reported
Aqua1 Foundation, which said it was based in the UAE, announced a $100 million WLFI purchase.
Reuters estimated up to $75 million of it went to the Trump family. Aqua Labs Investment LLC called itself an Abu Dhabi entity of Aqua1 and named Guren “Bobby” Zhou as its co-founder. Reuters reported that Zhou had met Eric Trump in Dubai and was under investigation by Britain’s National Crime Agency for money laundering. Aqua Labs called any allegations of wrongdoing “entirely false” and the purchase “a commercial decision.” Aqua1 didn’t respond, and World Liberty’s lawyer called Reuters’ income analysis inaccurate and misleading.
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Reported
WLFI began trading on September 1, 2025, putting the Trump family’s 22.5 billion tokens at about $5 billion on paper.
World Liberty said the founding team’s tokens were locked pending a vesting schedule, so the family couldn’t sell them. Other holders could sell up to 20% of their tokens when trading opened. The White House has repeatedly denied critics’ claims about Trump’s role in his family’s crypto business.
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Reported
Reuters calculated that crypto brought the Trump Organization $802 million in the first half of 2025, $463 million of it from World Liberty token sales.
That was more than 90% of the company’s income for those six months, which rose 17-fold to $864 million from $51 million a year earlier. World Liberty says a Trump Organization entity receives 75% of the revenue from token sales. World Liberty’s lawyer, Timothy Parlatore, called the analysis inaccurate and misleading. The White House referred Reuters to the Trump Organization, whose chief legal officer didn’t respond, and neither did Eric Trump or Donald Trump Jr.
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Alleged
Three House Democrats asked the State and Commerce inspectors general to investigate Steve Witkoff over his interest in World Liberty.
Reps. Gregory Meeks, Gabe Amo and Robert Garcia wrote that Witkoff co-founded World Liberty with his two sons. They wrote that he said in March 2025 he was divesting his holdings to his sons, but that his August disclosure showed he still had a financial interest in the company.
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Reported
An Abu Dhabi firm backed by the UAE’s national security adviser secretly agreed to buy 49% of World Liberty for $500 million, in a deal Eric Trump signed four days before the inauguration.
The buyer was Aryam Investment 1, backed by Sheikh Tahnoon bin Zayed, the Wall Street Journal reported. Half the price was paid upfront, with $187 million going to Trump family-controlled entities and at least $31 million to entities tied to Steve Witkoff’s family. Executives of G42, an Abu Dhabi AI company Tahnoon chairs, helped manage Aryam and took seats on World Liberty’s board. In November 2025 the administration approved sales to G42 of computing power equal to 35,000 of Nvidia’s most advanced GB300 chips. World Liberty and the White House denied wrongdoing and said Trump wasn’t involved in the deal and it didn’t influence U.S. policy.
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Reported
Bloomberg estimated in May 2026 that Trump family members had made about $1.55 billion selling WLFI tokens.
The figure counts token sales that hadn’t been disclosed before, which raised Bloomberg’s estimate of the family’s fortune by about $660 million.