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Trump details millions made through Truth Social, NFT in Financial Disclosure report

NEW YORK (AP) — Former President Donald Trump says he doesn’t make much money from his social network, but estimates it’s worth between $5 million and $25 million, according to his personal financial form filed Friday.

He owns about 90 percent of his social media company, Trump Media & Technology Group, but said he earned less than $201 from it.

He also said he earned between $100,000 and $1 million for a series of digital trading cards he launched in December that featured a Photoshopped Trump in a series of cartoon-like images, including an astronaut , a cowboy and a superhero.

The report filed with the Federal Election Commission is the first look at Trump’s finances since he left the White House and started several new businesses.

The real estate mogul and reality star launched the Truth Social platform in 2022, a year after he was banned from Twitter, Facebook and YouTube following the January 6, 2021 riot at the United States Capitol.

Former President Donald Trump spoke at the National Rifle Association convention in Indianapolis on Friday.

Although Trump has since been allowed to return to those social networks, he has relied on Truth Social as his primary method of sharing messages with his supporters, especially as he launches his 2024 presidential campaign.

The disclosure provides limited information because it only reports income in broad ranges. That makes it difficult to say how much Trump’s biggest properties and businesses have made since he left office, because the disclosures he was required to file when he was president included specific income figures rather than ranges.

In the most recent revelation, for example, Trump reports that his golf club in Washington, DC took in more than $5 million. In 2020, he put a sharper point on that: $14.2 million.

CIC Digital LLC, the company that owns the NFT digital trading cards, or non-fungible tokens, was valued at between $500,000 and $1 million, according to the report.

Trump also earned more than $5 million in speaking fees.

All federal candidates are required to file statements after announcing their nominations. Trump, a Republican, was granted an extension and faces a fine if he delays any longer.

Associated Press writers Jill Colvin and Bernard Condon contributed to this report.

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