By David Uberti
President Trump on Wednesday downplayed his more-than $2 billion surge in 2025 income, attributing the windfall to a booming stock market.
"You know why I'm profiting? Because the stock market is going up," he told reporters. "We're all profiting. I'm profiting because I have a lot of money and a lot of cash."
In an annual disclosure published Tuesday, Trump reported soaring earnings from holdings stretching from his traditional real-estate business to an array of investments in Nvidia, Meta and other stocks. Trump said Wednesday that he doesn't interact with the money managers who trade equities on his behalf.
The disclosure also showed that more than half of the president's 2025 income stemmed from sales of Trump-branded memecoins, as well as tokens and equity in a crypto project co-founded by Trump and his sons.
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