President of the United States
Donald J. Trump is the 45th and 47th President of the United States, the first person in American history to serve two non-consecutive terms. A real estate developer and television personality, he hosted The Apprentice from 2004 to 2015 before launching his political career. He won the 2016 presidential election over Hillary Clinton despite losing the popular vote, then lost the 2020 election to Joe Biden, which he refused to concede, claiming without evidence that the election was stolen. His first term was marked by the Tax Cuts and Jobs Act of 2017, withdrawal from the Paris Climate Agreement, and two impeachments, neither resulting in removal. After the January 6, 2021 Capitol attack, he was impeached a second time for incitement of insurrection. He was indicted on 91 criminal counts across four cases in 2023-2024; all federal charges were dropped after his 2024 re-election. He won the 2024 election with 312 electoral votes and was inaugurated as the 47th President on January 20, 2025.
| Category | Amount | Source |
|---|---|---|
| Total raised (career) | $2.4B (2024 cycle) | |
| Corporate total | $285.4M career | |
| AIPAC / pro-Israel | $230,473,622 | |
| Oil & gas / fossil | $2,604,932 | |
| Pharma / healthcare | $16,559,373 | |
| Defense | $1,604,162 | |
| Wall Street / finance | $27,787,950 | |
| Big Tech | $6,353,284 |
Non-campaign-finance money flows (foreign government payments, sovereign wealth investments, crypto holdings, business deals). Distinct from FEC contributions.
Income reported on Trump's June 2025 Office of Government Ethics financial disclosure from his ownership stake in World Liberty Financial, the Trump-family crypto venture launched in September 2024.
Trump family members hold 22.5 billion $WLFI tokens. At the token's tradable launch in September 2025, the family stake was valued at approximately $5 billion. Tokens belonging to the founding Team remain locked pending a vesting schedule.
Source: ABC News, Wall Street Journal
Per WLFI's own published terms, 75% of the platform's net revenue flows to the Trump family. By December 2025, the Trumps had profited $1 billion on proceeds while holding $3 billion in unsold tokens. By March 2026, Forbes estimated Trump had netted ~$550 million from WLFI token sales; his WLFI stake was valued at $240M and his $WLFI tokens at $175M. Don Jr., Eric, and Barron each held stakes worth at least $133M.
MGX, the Abu Dhabi state-backed investment firm chaired by UAE National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan, used USD1 (World Liberty Financial's stablecoin) to close a $2 billion investment in Binance. WLF confirmed to senators that MGX and Binance would otherwise have settled in foreign fiat. The Trump family receives a cut of stablecoin profits, with WLF estimated to earn around $80M/year from the resulting USD1 reserve.
Source: Senate Banking Committee (Warren/Merkley letter), Reuters, Fortune
The UAE Royal Family acquired a 49% stake in World Liberty Financial, signed prior to Trump's second inauguration. Reported in a February 2026 New York Times investigation.
Source: New York Times
In May 2025, two weeks after MGX's $2B USD1 stablecoin transaction enriching WLF, the Trump administration signed a bilateral AI deal allowing the UAE to purchase up to 500,000 Nvidia advanced AI chips per year, with UAE committing $1.4 trillion in US investment over a decade. Critics noted the proximity in timing and the chip allocation to G42, an Abu Dhabi-state AI firm previously flagged for China ties.
Source: Reuters, Bloomberg, CNBC
Launched three days before Trump's second inauguration, the $TRUMP meme coin generated more than $320 million in trading fees for Trump-linked entities by May 2025 (Chainalysis). The Trump family's net worth increased by approximately $2.9 billion in crypto, with 40% held in crypto assets (State Democracy Defenders Fund). 764,000 retail wallets lost money. A May 22 dinner offered the top 220 holders direct access to the president, with Bloomberg reporting that 56-76% of top wallets appeared to be foreign.
Source: Chainalysis, Bloomberg, CNBC, State Democracy Defenders Fund
Justin Sun invested $30M in WLFI in November 2024 (keeping it operational), then $45M+ more (totaling $75M), then purchased $100M of $TRUMP meme coins. He attended Trump's May 2025 token-holder dinner. Forbes estimated the Trump family netted ~$400M from Sun's WLFI purchase. In February 2025, weeks after Sun's investment, the SEC paused its 2023 fraud case against him; the case was settled in March 2026 for $10M with no admission of wrongdoing.
Source: Forbes, NBC News, Senate Permanent Subcommittee on Investigations
Trump pardoned Binance founder Changpeng Zhao, who had pleaded guilty in 2023 to enabling money laundering on Binance (which paid a $4.3B settlement; Zhao served four months). The pardon came months after Binance handled MGX's $2B USD1 transaction enriching the Trump family, and after Binance expanded USD1 trading pairs. Binance holds the vast majority of USD1 reserves backing WLF's roughly $80M/year yield.
CREW analysis documented $13.6M in payments from foreign governments to Trump businesses during his first term, building on House Oversight Committee findings of $7.8M from the more limited Mazars records. CREW calls $13.6M a conservative estimate; not included are trademarks awarded by China, Brazil, and the UAE.
Source: Citizens for Responsibility and Ethics in Washington (CREW)
The Wall Street Journal reported that Sheikh Tahnoon bin Zayed, UAE national security adviser known as the 'Spy Sheikh,' bought a secret stake in a Trump-affiliated crypto company. Tahnoon also chairs MGX, which executed the $2B USD1 stablecoin transaction.
Source: Wall Street Journal (Jan 2026)
Trump holds approximately 114 million shares of Trump Media & Technology Group through a trust. He benefits when share price increases, including from foreign government investment, advertising purchases, or official use of Truth Social to drive user traffic.
Saudi Arabia's sovereign wealth fund finances LIV Golf, which has held multiple tournaments at Trump-owned properties. The Trump Organization receives hosting fees; the broader Saudi-Trump business relationship spans real estate (Dar Global tower projects in Dubai and Jeddah) and golf properties.
Source: New York Times
The Trump Organization partnered with Dar Global on Trump Tower developments in Dubai (UAE) and Jeddah (Saudi Arabia), with additional projects announced for Oman. Per NYT reporting, the Trump Organization typically receives several million dollars on signing plus a cut of luxury apartment sales. The Dubai tower launched in 2025.
Source: New York Times via CREW
Qatar offered a luxury Boeing 747-8 valued at approximately $400 million for use as Air Force One during Trump's second term. The arrangement drew immediate Emoluments Clause scrutiny.
Federal pardons and commutations granted under Article II of the U.S. Constitution.
Crime: Securities fraud, wire fraud (Nikola electric truck scheme)
Sentence wiped: 4 years prison, $1M fine, ~$680M in pending restitution to defrauded investors
Payment to pardoner: Milton and his wife donated to Trump's 2024 reelection effort one month before the election. Total to Trump-aligned vehicles: $3.2M+. Represented by Brad Bondi, brother of Trump AG Pam Bondi. ($1.8M direct + $3.2M total)
Founded Nikola, the EV truck company, then convicted in 2022 of misleading investors about a non-functional prototype that was actually a truck rolling down a hill. Sentenced to 4 years and ~$680M in pending restitution. Trump called Milton personally to inform him of the pardon. Restitution and forfeitures were also wiped, costing defrauded investors hundreds of millions.
Crime: Failing to maintain anti-money laundering program at Binance (Bank Secrecy Act violation)
Sentence wiped: 4 months prison (served), $50M personal fine, $4.3B Binance corporate settlement
Payment to pardoner: Binance handled MGX's $2B USD1 stablecoin transaction enriching Trump's World Liberty Financial. WLF earns ~$80M/year from the resulting USD1 reserves Binance holds. Binance later expanded USD1 trading pairs after the deal. (Indirect benefit of ~$80M/year)
Founded Binance, the world's largest crypto exchange. Pleaded guilty in 2023; DOJ called Binance 'a central hub for terrorists, hackers and human traffickers.' Trump pardon came 6 months after Binance handled the $2B UAE-Trump stablecoin deal. Trump told 60 Minutes he didn't know Zhao but he was 'recommended by a lot of people.'
Crime: Bribery and corruption (paid $300K to former Puerto Rico Gov. Wanda Vázquez to fire her financial regulator, who was investigating Velutini's bank)
Sentence wiped: Reduced from felony bribery to misdemeanor via plea deal in 2025; pre-sentencing pardon eliminated all consequences
Payment to pardoner: Daughter Isabela Herrera donated $3.5M to MAGA Inc. between Dec 2024 and July 2025. Campaign Legal Center filed FEC complaint alleging illegal foreign straw-donor scheme; Isabela self-reported as 'self-employed' from a rented residence. Represented by Christopher Kise, Trump's former personal attorney. ($3.5M (alleged straw donations))
Venezuelan-Italian billionaire banker who founded Bancredito International Bank. Charged in 2022 with bribing the governor of Puerto Rico in exchange for replacing the regulator investigating his ~$10B in transactions. Pardoned alongside the former governor and her former FBI-agent co-conspirator. Foreign nationals are barred from US political contributions.
Source: Bloomberg, New York Times, Campaign Legal Center, Forbes
Crime: Foreign lobbying violations, tax evasion, campaign finance violations (funneled foreign money into US elections)
Sentence wiped: 12 years prison, $15.7M in fines and restitution
Payment to pardoner: Donated $900K to Trump's 2017 inaugural committee. His original sentence had been commuted in Trump's first term in 2021. ($900K to inaugural committee)
Venture capitalist who pleaded guilty to funneling foreign money into US political campaigns. His original 12-year sentence was commuted by Trump in 2021; full pardon followed in the second term.
Source: NBC News, New York Times
Crime: Bribery (accepted $300K in campaign contributions from Velutini in exchange for firing a financial regulator)
Sentence wiped: Federal prosecutors had requested 12 months prison
Payment to pardoner: Endorsed Trump in 2020 reelection. Defended by Christopher Kise, Trump's former personal attorney. Pardoned as part of the same package as her alleged briber (Velutini).
Former governor of Puerto Rico, pardoned alongside Julio Herrera Velutini, the billionaire who allegedly bribed her. Pre-sentencing pardon eliminated all consequences. The pardon initially failed to include all of her criminal cases; the White House announced a fix.
Source: Bloomberg, NBC News
Crime: Federal bribery and money laundering (indicted 2024 for accepting bribes from Azerbaijan and a Mexican bank)
Sentence wiped: Pre-trial; pardon ended prosecution
Payment to pardoner: None documented financially. Cuellar is a conservative Democrat. Days after the pardon he filed to run for reelection as a Democrat, reportedly angering Trump.
First sitting member of Congress pardoned by Trump in his second term. Cuellar was indicted on bribery and conspiracy charges in 2024. The pardon effectively ended the federal case against him and his wife.
Crime: Drug trafficking conspiracy (involved in moving 400+ tons of cocaine into the US)
Sentence wiped: 45 years federal prison (had begun serving)
Payment to pardoner: None documented financially. Pardon came amid Trump administration's aggressive Latin American anti-drug-trafficking enforcement.
Former president of Honduras (2014-2022). Convicted by US jury in March 2024 of running a drug trafficking operation while in office. The pardon released him just days after Honduras's presidential election. Trump defended the pardon saying Hondurans believed Hernández had been 'set up.'
Source: Washington Examiner, AP
Crime: Wire fraud, securities fraud ($60M scheme defrauding a Native American tribe)
Sentence wiped: 1 year + 1 day prison
Payment to pardoner: Became a key congressional witness in the Republican-led inquiry into Hunter Biden, testifying that Hunter sold 'the illusion of access' to his father.
Former business associate of Hunter Biden, convicted in 2022 of a bond fraud scheme against the Oglala Sioux Tribe. Trump said Archer had been treated 'very unfairly.'
Source: Newsweek, AP
Crime: Operating Silk Road dark-web drug marketplace, money laundering, computer hacking
Sentence wiped: 2 life sentences + 40 years (had been serving)
Payment to pardoner: Trump promised to pardon Ulbricht during May 2024 speech at the Libertarian Party National Convention as part of his courtship of libertarian voters. (Political payment (vote courtship), not financial)
Founder of Silk Road, the underground marketplace for drugs and illegal goods that operated 2011-2013. Trump pardoned him on the first full day of his second term, fulfilling a campaign promise to libertarian voters.
Source: Washington Examiner, AP
Crime: Public corruption, attempted extortion (tried to sell Obama's vacated Senate seat)
Sentence wiped: 14 years (commuted to time served at 8 years in Trump's first term)
Payment to pardoner: Vocal Trump supporter and self-described 'Trump-ocrat.' Trump commuted his sentence in his first term; full pardon in second term. (Political support)
Former Democratic governor of Illinois, impeached and convicted in 2011 of trying to sell President Obama's vacated Senate seat. The 2025 pardon erases his criminal record entirely.
Source: Newsweek
Crime: Wire fraud and identity theft
Sentence wiped: 7 years federal prison (commuted)
Payment to pardoner: None documented financially. Trump-aligned former Republican Representative who was expelled from the House.
Disgraced former US Representative (R-NY) expelled from the House in 2023. Pleaded guilty to wire fraud and identity theft. Trump commuted his sentence in October 2025.
Source: NPR
Crime: Various offenses related to the January 6, 2021 Capitol attack including violent assault on police officers, seditious conspiracy
Sentence wiped: Approximately 1,500 individual sentences wiped; 14 commutations for far-right leaders including Enrique Tarrio (22 yrs, Proud Boys) and Stewart Rhodes (18 yrs, Oath Keepers)
Payment to pardoner: Political: fulfillment of campaign promise. Many recipients had organized to support Trump's 2020 election denial. (Political (no direct payments tied))
Trump's first-day mass clemency for approximately 1,500 people charged in connection with the January 6, 2021 Capitol attack, including those convicted of violent assault on police officers. Pardon Attorney Liz Oyer was fired in March 2025 after refusing to recommend restoration of gun rights for Trump ally Mel Gibson.
Source: Newsweek, AP, NPR
Crime: Various offenses related to the 2020 fake electors plot to overturn the presidential election. Recipients included Rudy Giuliani, Mark Meadows, John Eastman, and others.
Sentence wiped: Preemptive (none facing federal charges at time of pardon). State charges unaffected.
Payment to pardoner: Political: protected Trump's own allies and former aides from future federal prosecution related to overturning his election loss. (Political)
Mass preemptive pardon covering 77 people involved in the 2020 fake electors scheme. None faced federal charges at the time. The proclamation's broad language may also apply to others, including the 2025 DNC/RNC pipe bomber suspect according to one former DOJ prosecutor.
Source: Wikipedia, NPR
Crime: Illegal campaign finance scheme (pleaded guilty 2022)
Sentence wiped: 21 months federal prison (had begun serving)
Payment to pardoner: Former TN State Senator (R). Repeatedly praised Trump on social media. Subsequently went to work as a lawyer for the America First Policy Institute (Trump-aligned). (Political support)
Former Tennessee state senator pardoned after he had begun serving a 21-month sentence for an illegal campaign finance scheme. He had been a vocal Trump supporter.
Source: Forbes