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Trump revealed details about his financial earnings in a new filing that provides insight into his business ventures.
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He reported making up to $1 million from his NFT trading cards that portrayed him in heroic guises.
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He also revealed that he made less than $201 from his social media platform Truth Social.
Former President Donald Trump reported low revenues from his social media platform Truth Social, but revealed that his non-fungible token trading cards were surprisingly lucrative, according to his personal financial disclosure form filed Friday.
Trump said he made less than $201 from the Trump Media & Technology Group, the company behind Truth Social, which he launched after being banned from several social media platforms following the January 6, 2021 uprising.
The company, which Trump owns 90%, is valued on the form at between $5 million and $25 million.
While Truth Social failed to yield major benefits, the former president disclosed other lucrative ventures in the filing, which is a requirement for all federal candidates.
Trump reported earning 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.
The cards were originally priced at $99 each, but some fetched thousands of dollars. The collection sold out in hours, and CoinDesk reported at the time that they grossed over $1 million.
Trump said at the time that he didn’t view the venture as an investment, but did it because he loved the art and thought the cards were “kind of cute.”
Trump also revealed that he earned 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 Trump’s business empire is valued at about $1.2 billion, according to Bloomberg.
While the filing provides insight into how the former president’s business ventures have progressed since he left office, the disclosure only requires him to broadly report information.
Trump filed the disclosure after obtaining two 45-day extensions and risked a $200 fine if he delayed any longer.
Read the original article on Business Insider
