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Four branded-product licenses paid itemized 2025 royalties

Reporting and findings

  1. documented

    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.

Summary and current status

The disclosure itemizes watches, footwear and fragrance, guitar, and Bible royalty streams.

Royalties reported for calendar year 2025

People and organizations

Relationships in this file

  1. Donald J. Trumpson and Trump Organization executive managing his father's trust-held businessDonald Trump Jr.
  2. Donald J. Trumpson and Trump Organization executive managing his father's trust-held businessEric Trump
  3. Donald J. Trumplicensed branded products generating disclosed royaltiesTrump-branded consumer product licenses

Money trail

  1. revenueGreenwood Bible royalty$208,486
    Revenue source
    LMA Productions, Inc.
    Revenue recipient
    CIC Ventures LLC
    realized · 2025-12-31 · observedRead source record
    Calculation detailsPopulation Publishing agreement with LMA Productions, Inc.Period 2025-01-01 to 2025-12-31Basis Direct observation: disclosure line 24.5.Limits One of four itemized product-license lines; gross royalty income is not net profit.
  2. revenueSneakers and fragrance royalty$67,634
    Revenue source
    45Footwear LLC
    Revenue recipient
    CIC Ventures LLC
    realized · 2025-12-31 · observedRead source record
    Calculation detailsPopulation License agreement with 45Footwear LLCPeriod 2025-01-01 to 2025-12-31Basis Direct observation: disclosure line 24.7.Limits One of four itemized product-license lines; gross royalty income is not net profit.
  3. revenue'45' Guitar royalty$35,920
    Revenue source
    LMA Productions, Inc.
    Revenue recipient
    CIC Ventures LLC
    realized · 2025-12-31 · observedRead source record
    Calculation detailsPopulation Endorsement and promotional agreement with LMA Productions, Inc.Period 2025-01-01 to 2025-12-31Basis Direct observation: disclosure line 24.8.Limits One of four itemized product-license lines; gross royalty income is not net profit.
  4. revenueTrump Watches royalty$4,700,000
    Revenue source
    The Best Watches on Earth LLC
    Revenue recipient
    CIC Ventures LLC
    realized · 2025-12-31 · observedRead source record
    Calculation detailsPopulation License agreement with The Best Watches on Earth LLCPeriod 2025-01-01 to 2025-12-31Basis Direct observation: disclosure line 24.6.Limits One of four itemized product-license lines; gross royalty income is not net profit.