Here’s How Much Donald Trump Made From NFTs, Truth Social and Other Business Ventures – Digital World Acq (NASDAQ:DWAC)
New financial disclosures show just how much Donald Trump has created from various business channels, including his NFTs, speaking engagements and books.
What happened: Former President Donald Trump announced his intention to run for President of the United States in the 2024 election.
As part of the election process, Trump was required to file financial statements with the Federal Election Commission, as reported by the New York Post.
While a filing must take place within 30 days of announcing a candidacy for the presidency, Trump and his team applied for two 45-day extensions. An additional 30-day extension was rejected by the commission, according to CNN. Trump would have faced a potential $200 fine if his disclosure had come more than 30 days after March 15.
Related Link: If You Invested $1,000 In Donald Trump NFTs, Here’s How Much You’d Have Today
Trump’s earnings: Trump’s latest filing values his business holdings at $1.2 billion. The filing revealed earnings from several business segments.
The former president earned $5 million from speaking engagements.
Trump also earned $100,001 to $1 million from CIC Digital, the company he partnered with to launch Trump Digital Trading Card NFTs in December 2022. The NFTs sold out at $99 and have been trading higher since launch, following Trump’s campaign announcement and recent indictment. The NFTs currently have a volume of 13,573 Ethereum ETH/USD at OpenSea.
Trump also earned income as an author or co-author of several books over the years. According to the filing, his 1987 book “The Art of the Deal” was the only book to bring in between $100,000 and $1 million.
The filing also reveals income from — and the value of — the former president’s other assets. The Mar-a-Lago Club, for example, reportedly took in $5 million in resort-related revenue. On the other side, Trump Media & Technology Group, which is set to merge with Digital World Acquisition Corporation DWAC and owns the social media platform Truth Socialis valued between $5 million and $25 million.
As chairman of Trump Media & Technology Group Corporation, Trump reported income of less than $201 in his most recent filing.
Seven different mortgages are also listed in the filing, each totaling more than $50 million. The former president reportedly owes between $5 million and $25 million on those mortgages.
Trump did not record any gifts or travel reimbursements in the financial disclosure.
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