Saudi Press

Saudi Arabia and the world
Tuesday, Aug 12, 2025

Trump's social media company has earned him $201 - but NFTs earned up to £1m

Trump's social media company has earned him $201 - but NFTs earned up to £1m

Donald Trump estimates his social media company is worth between $5million and $25million (£4-20million), according to his personal financial disclosure form – despite it only generating the former president $201.

Mr Trump owns about 90% of his social media company, Trump Media & Technology Group. In 2022 he launched Truth Social as a rival to Twitter. The platform has been slow to take off, but garnered more than a million more visitors in March following his indictment.

He also reportedly made between $100,000 and $1million for a series of digital trading cards – or NTFs – released in December that portrayed a photoshopped Trump in a series of cartoon-like images, including an astronaut, a cowboy and a superhero.

Mr Trump was mocked at the time for hyping the NFT collection as a ‘major announcement’, but all 45,000 ‘Trump trading cards’ on sale for $99 were sold.

The report filed with the Federal Election Commission is the first glimpse into Trump’s finances since he left the White House and launched several new business ventures.

The real estate mogul and reality TV star launched the platform Truth Social in 2022, a year after he was banned from Twitter, Facebook and YouTube following the January 6 insurrection at the US Capitol in 2021.

The NFTs were widely mocked – but also sold out

A total of 45,000 of the ‘Trump trading cards’ went on sale


Although Trump has since been allowed back on those social media networks, he has relied on Truth Social as a primary method of sharing messages with his supporters, especially as he has launched his 2024 presidential campaign.

The disclosure provides limited information because it only reports income in broad ranges. That makes it difficult to tell how many of Trump’s biggest properties and businesses are faring since his departure from office because the disclosures he was required to file when he was president included specific income figures instead of ranges.

For example, in the latest disclosure he reports the Trump National Golf Club in Washington DC took in more than $5million. In 2020, he had put a finer point on it: $14.2million.

CIC Digital LLC, the company that owned the digital trading card NFTs, or non-fungible tokens, was valued at somewhere between $500,000 and $1 million, according to the report.

Trump also reported he made more than $5million in speaking fees.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Russia Formally Recognizes Taliban Government in Afghanistan
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Emirates Airline Expands Market Share with New $20 Million Campaign
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
×