Trump Says Outside Funds “Run My Money” After 2025 Disclosure Shows Billions in Revenue

President Donald Trump brushed off questions about the staggering amount of money reported in his 2025 financial disclosure, saying his investment decisions are made by outside parties and he is only profiting because the stock market is up.

“I don’t get involved in my personal — we have funds that run my money,” Trump told reporters at Joint Base Andrews before boarding a Qatar-gifted jumbo jet converted to become the new Air Force One.

Trump had been asked what message Americans should take from his highly lucrative first year back in the White House.

“Well, I’ve made a lot of money before I became president, and they invest my money, and I don’t talk to them,” Trump said. “I never — I don’t even speak to them.”

“I don’t know what they call — closed accounts or something. You put your money in, and that’s it. I don’t talk to them, they’re big institutions, and they run it,” Trump said.

He added that he has had “a great career in business,” then wondered aloud whether he has had a better career in politics or business.

2025 revenue jump in disclosure analysis

According to a CNBC analysis of Trump’s annual disclosure forms, he reported at least $2.24 billion in revenue last year. That compares with at least $622 million reported in 2024, according to The New York Times, before he returned to the White House.

The jump is largely due to roughly $1.2 billion in cryptocurrency-related income reported in his 927-page disclosure.

Cryptocurrency-related income and disclosed sources

The crypto figure includes about $580 million connected with World Liberty Financial, a company co-founded by members of Trump’s family that issues the WLFI governance token and a USD1 stablecoin. World Liberty launched USD1 in March 2025 after Trump began his non-consecutive second term as president.

Trump also disclosed receiving $635 million in royalties from what were described as “Celebration Coins.” The royalties are tied to CIC Digital LLC, Trump’s memecoin business, according to the disclosure.

Trump said of his money managers: “What they do is, we gave it — I think it’s called a blind account. Basically, they take it, and I purposely, I never speak to any of the people that run the money. But they’re big institutions, and they invest in whatever they invest in.”

Asked to respond to critics accusing him of profiting off the presidency, Trump said: “Well, you know why I’m profiting is the stock market’s going up, everybody’s profiting.”

He added that, according to the Securities and Exchange Commission, 54.4% of Americans are invested in the stock market.

“So we’re all profiting. I’m profiting because I have a lot of money and a lot of cash, and I give it to institutions,” Trump said. “I don’t know if they know what they’re doing or not, but they buy a vast array of things.”

Stock transactions and conflict-of-interest concerns

The massive financial document also shows Trump’s purchases and sales of hundreds of companies’ stocks. Some individual transactions totaled millions of dollars, with the biggest valued between $5 million and $25 million.

Some stock transactions occurred shortly before or after major news related to the corresponding companies. For instance, the form shows Trump purchased Amazon stock worth between $500,000 and $1 million on Sept. 23, the same day a trial began on federal allegations that Amazon duped customers into paying for Prime memberships.

Trump’s previous financial disclosure report, released in May and covering the first three months of 2026, generated concerns about potential conflicts of interest, which the White House has denied.

“Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest,” White House spokeswoman Anna Kelly told CNBC in an email Wednesday.

Kelly’s statement appeared tailored to defend the president’s crypto-related disclosures, saying Trump “proudly made the United States the crypto capital of the world through executive actions, supporting legislation like the GENIUS Act, and other commonsense policies to drive innovation and economic opportunity for all Americans.”

She also claimed that reporters questioning whether Trump’s actions are in Americans’ best interests are “recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade.”

Trump ignored a question about conflicts of interest.