President Donald Trump just filed his mandatory financial disclosure report, and the numbers are staggering. One standout figure jumps out immediately. Trump reported earning $10.71 million in licensing fees tied to ‘Melania’, the Amazon MGM Studios documentary about the First Lady.
The documentary itself came with a hefty price tag. Amazon MGM Studios reportedly paid $40 million just to acquire the film. On top of that, the studio spent another $35 million marketing it.
Here’s where it gets interesting though. Despite that massive spend, ‘Melania’ only pulled in around $16.6 million at the worldwide theatrical box office. That is a huge gap between what Amazon invested and what the film actually earned in theatres.
More Melania-related income
The documentary was not the only source of money connected to the First Lady’s brand. Trump’s disclosure also listed a $521,161 licensing payment tied to Melania’s memoir, which comes from publisher Skyhorse Publishing.
There was also crypto related income in the mix. Trump reported $6 million in net proceeds from NFTs and other collectibles associated with Melania Trump.
The bigger picture, $2.2 billion total
Zoom out from ‘Melania’ specifically, and the full disclosure reveals something much larger. Trump reported total revenue of at least $2.2 billion for 2025. That number is more than double what he reported the year before, which stood at a minimum of $622 million.
A huge chunk of that jump came from crypto. According to reporting from the New York Times, Trump earned roughly $1.4 billion last year from his family’s crypto businesses. That includes World Liberty Financial, one of the ventures tied to the Trump family.
The UAE connection raising eyebrows
One detail from the disclosure has drawn particular attention. An investment firm connected to the United Arab Emirates government purchased a 49 percent stake in World Liberty Financial back in January 2025. The Times report noted this deal has raised a slew of ethical concerns among observers.
Trump’s wider investment portfolio
Beyond crypto and the Melania related income, Trump also holds a diverse mix of stocks and bonds. His portfolio includes stakes in major media companies like Disney, Netflix, Warner Bros. Discovery, Paramount Skydance, and Fox Corp.
He also holds positions in some of the biggest tech companies around, including Apple, Nvidia, Microsoft, Amazon, Meta, and Oracle.
Then there is Trump Media & Technology Group, the parent company of Truth Social. Trump’s shares in that company are worth roughly $900 million right now. That is despite the company’s stock price falling more than 40 percent this year alone.