Four branded-product licenses paid itemized 2025 royalties
The disclosure itemizes watches, footwear and fragrance, guitar, and Bible royalty streams.
Entities and roles
- The Trump Organizationfamily licensing business
- Trump-branded consumer product licenseslicensed product portfolio
- Donald J. Trumpsitting president and disclosed beneficiary of family business interests
- Donald Trump Jr.son and Trump Organization executive managing the family business
- Eric Trumpson and Trump Organization executive managing the family business
Relationships in this file
- Donald J. Trumpson and Trump Organization executive managing his father's trust-held businessDonald Trump Jr.
- Donald J. Trumpson and Trump Organization executive managing his father's trust-held businessEric Trump
- Donald J. Trumplicensed branded products generating disclosed royaltiesTrump-branded consumer product licenses
Money trail
revenueGreenwood Bible royalty$208,486 - Revenue source
- LMA Productions, Inc.
- Revenue recipient
- CIC Ventures LLC
revenueSneakers and fragrance royalty$67,634 - Revenue source
- 45Footwear LLC
- Revenue recipient
- CIC Ventures LLC
revenue'45' Guitar royalty$35,920 - Revenue source
- LMA Productions, Inc.
- Revenue recipient
- CIC Ventures LLC
revenueTrump Watches royalty$4,700,000 - Revenue source
- The Best Watches on Earth LLC
- Revenue recipient
- CIC Ventures LLC
Claims and evidence
- factdocumented
Trump's 2026 annual disclosure reports 2025 royalties of $4.7 million from Trump Watches, $67,634 from Trump Sneakers & Fragrances, $35,920 from the '45' Guitar, and $208,486 from the Greenwood Bible.
- U.S. Office of Government Ethics: Donald J. Trump 2026 Annual Public Financial Disclosure ReportPart 2, Schedule 1, lines 24.5 through 24.8
- Associated Press: Crypto, real estate, watches: How Trump made over $1 billion last yearPassages identifying Donald Trump Jr. and Eric Trump as managers of the family business and distinguishing disclosed revenue from retained income