Witkoff earns $107M from Trump-linked crypto firm
Steve Witkoff reported nearly $107 million in income from a venture co-founded with President Trump, according to recent financial disclosures.
U.S. special envoy Steve Witkoff earned nearly $107 million last year from a holding company. The entity is affiliated with World Liberty Financial. This cryptocurrency firm was co-founded by Witkoff, President Donald Trump, and their respective family members.
Financial disclosures obtained by a government watchdog reveal these figures. Witkoff serves as a top negotiator for peace deals in the Middle East and Ukraine. He was previously listed as a co-founder emeritus on the firm's website alongside the President.
Operational Control Shifts to Sons
Zach Witkoff and three of President Trump's sons currently operate the firm. Critics argue this structure presents an appearance of a conflict of interest. The company recently secured preliminary approval to operate as a bank under the current administration.
World Liberty Financial has dismissed concerns about overlapping roles. In May 2025, the firm stated that Witkoff was divesting his interest. It claimed he has no operational role or financial interest in deals.
Trump Earns $526 Million From Tokens
President Trump reported earning $526 million from the sale of cryptocurrency tokens. This amount comes from disclosures filed over the summer. He also earned an additional $65 million from sales of equity in the holding company.
These figures highlight the scale of financial activity within the venture. The company has faced repeated scrutiny regarding its commercial ties to the White House. Both leaders have maintained that their actions are compliant with regulations.
White House Confirms Full Divestiture
A White House spokesperson stated that Witkoff has fully divested from the firm. Anna Kelly said his prior commercial activities are unrelated to his diplomatic efforts. She emphasized that his work on global conflicts remains separate from private business.
The disclosures provide a detailed look at the financial interests of key officials. GN markets/crypto (en-US) notes the significance of these figures in the current regulatory landscape. The situation continues to draw attention from observers of executive ethics.
