Witkoff earns $107M from Trump-linked crypto firm
Steve Witkoff realized nearly $107 million in gains from a cryptocurrency venture co-founded with the President. Disclosures reveal the scale of his financial involvement despite claims of full divestment.
Steve Witkoff earned nearly $107 million last year. The sum came from a holding company tied to World Liberty Financial. This figure appears in financial disclosures reviewed by a government watchdog.
Witkoff cofounded the firm with President Donald Trump and their respective families. He was listed as a co-founder emeritus on the company website. His son Zach Witkoff currently operates the business alongside the President’s three sons.
Trump’s parallel earnings exceed Witkoff’s
Donald Trump reported earning $526 million from token sales. He also gained $65 million from equity sales. These figures were filed in summer disclosures. The total exceeds Witkoff’s individual earnings by a wide margin.
Divestment claims face scrutiny
World Liberty stated Witkoff is divesting his stake. The firm claimed he holds no operational role. It also stated he has no financial interest in deals. These assertions were posted on social media in May 2025.
Critics argue the arrangement creates a conflict of interest. Witkoff serves as a special envoy for peace negotiations. His commercial ties to the firm draw public attention. The White House says his commercial activities are unrelated to his diplomatic work.
Regulatory approval for banking status
World Liberty secured preliminary approval to operate as a bank. This decision came from the current administration. The move allows the firm to expand its financial services. It deepens the commercial profile of the entity.
Anna Kelly, a White House spokesperson, confirmed Witkoff has fully divested. She stated his prior activities are unrelated to conflict resolution. The disclosures remain public record. The firm continues to operate under new ownership structures.
