Trump Reveals How Much He Made Off NFTs
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April 15, 2023 11:50 pm
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President Trump recently filed his personal financial disclosure with the FEC and in it, the 45th President revealed how much money he made from his NFTs.
In his filing it was revealed Trump made “between $100,001 and $1 million from CIC Digital” which was the company which was the company behind Trump’s NFT launch.
Trump launched the NFTs last December at $99 a piece, the price however for the NFTs are now selling for around .44 Eth which at the time of this writing is around $922 dollars.
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Former President Donald Trump collected more than $5 million in speaking fees and earned over $100,000 from NFTs, according to his personal financial disclosure report https://t.co/hMtOhQi5m9
— CNN (@CNN) April 15, 2023
Per The New York Post:
President Donald Trump on Friday filed his personal financial disclosure with the Federal Election Commission, showing millions earned from speaking engagements and the sale of digital trading cards.
In the 101-page filing, required of candidates running for president, Trump, 76, reports income of more than $5 million from speaking engagements, and earnings between $100,001 and $1 million from CIC Digital, the company behind the sale of non-fungible tokens, or NFTs, featuring digital images of the former commander-in-chief.
The digital trading cards, which depict Trump in a variety of heroic poses and wearing outfits, such as a space suit, an auto racing suit, and fighter pilot jumpsuit, sold out last December and went for $99 a piece.
The filing lists income from each of the hundreds of assets belonging to Trump, including his Mar-Lago club, where he reports over $5 million in resort-related revenue.
Donald Trump’s 2023 candidate financial disclosure confirms that he did in fact personally profit from licensing those Trump NFTs pic.twitter.com/ySIiBV2vv2
— Roger Sollenberger (@SollenbergerRC) April 14, 2023
Trump’s ability to make money off NFTs as a 76 year-old could be bullish for the bleeding NFT market.
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