Trump reports earning less than $201 from Truth Social and up to $1 million from NFTs styling him as a 'hero'
Donald Trump revealed details about his financial earnings in a new filing that gives insight into his post-presidential business ventures.
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- Trump revealed details about his financial earnings in a new filing that gives insight into his business ventures.
- He reported making up to $1 million from his NFT trading cards that depicted him in heroic guises.
- He also revealed earning less than $201 from his social media platform Truth Social.
Former President Donald Trump reported low earnings from his social media platform Truth Social but revealed his non-fungible token trading cards were surprisingly lucrative, according to his personal financial disclosure form filed Friday.
Trump said that he made less than $201 from the Trump Media & Technology Group, the company behind Truth Social, which he launched after being banned from various social media platforms following January 6, 2021, insurrection.
The company, which Trump owns 90% of, is valued at between $5 million and $25 million on the form.
While Truth Social did not generate major gains, the former president revealed other lucrative ventures in the filing, which is a requirement of all federal candidates.
Trump reported making between $100,000 and $1 million from CIC Digital, the company behind the NFT trading cards he released in December, which depicted him in various heroic guises, including as a superhero, astronaut, and cowboy.
—Joey Garrison (@joeygarrison) December 16, 2022
The cards were originally priced at $99 each, but some fetched thousands of dollars. The collection sold out within hours, and CoinDesk reported at the time that they brought in over $1 million.
Trump said at the time that he did not view the endeavor as an investment but did it because he liked the art and thought the cards were "sorta cute."
Trump also revealed that he made more than $5 million in speaking fees and between $100,000 and $1 million for his 1987 memoir "The Art of the Deal."
The documents suggest that Trump's business empire is valued at roughly $1.2 billion, according to Bloomberg.
While the filing provides insight into how the former president's business ventures have fared since he left office, the disclosure only requires him to report information in broad ranges.
Trump filed the disclosure after securing two 45-day extensions and risked facing a $200 fine if he delayed any further.