The Trump family just got into the phone business. Here's what we know about how the president makes money
Briefly

In 2024, Donald Trump's financial disclosures revealed he earned more than $600 million, bolstered by diverse investments ranging from real estate and golf clubs to cryptocurrency. With assets totaling $1.6 billion, his ventures include a significant stake in Truth Social's parent company valued at $2.1 billion. Recent business activities also included the launch of a $499 smartphone and plans to create a bitcoin reserve, showcasing his pivot towards cryptocurrency despite earlier skepticism. This financial activity reflects Trump's ability to expand his wealth while in office, raising questions regarding potential conflicts of interest.
From properties and crypto holdings to licensing deals and private golf clubs, Donald Trump raked in more than $600 million in income last year.
Trump's latest financial disclosure form, released last week, offered a glimpse into how Trump made money before his second presidential term began.
New ventures continue to be announced. On Monday, the Trump family unveiled a gold-colored, Trump-branded $499 smartphone.
Trump once said cryptocurrency seemed 'like a scam.' Now, he's made himself into a digital currency and owns a large stake in a crypto startup.
Read at Business Insider
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