Trump Reveals How Much He Earns From His Social Media Platform

Former President Donald Trump has revealed details about his earnings in a new filing.

According to his personal financial disclosure form filed Friday, he reported low earnings from his social media platform Truth Social, reported Business Insider.

He said he earned less than $201 from the Trump Media & Technology Group, the company behind Truth Social. It was launched after the former President got banned from different social media platforms after the deadly Jan. 6, 2021 riot.

In the last few months, Trump was allowed to be back on those social media networks, including Facebook. But he has relied on Truth Social as a platform to share messages with his supporters, especially as he has launched his 2024 presidential campaign, according to the Associated Press.

Trump owns 90% of the Trump Media & Technology Group, and is valued at between $5 million and $25 million on the form.

Going by the filing, Truth Social did not generate major gains. But the former president reported other lucrative ventures in the filing. It is a requirement of all federal candidates.

Trump revealed that he made between $100,000 and $1 million from CIC Digital. It is the company that is behind the non-fungible token (NFT) trading cards that he released in December. They depicted him in multiple heroic guises. They showed him as an astronaut, a superhero and a cowboy.

Even though the cards were originally priced at $99 each, some brought him thousands of dollars. The collection was a big hit as it sold out within hours. At the time, CoinDesk reported that they brought in more than $1 million.

Back then Trump said that he did not view the endeavor as an investment. But he did it because he liked the art and thought the cards were "sorta cute."

The former President also shared that he made more than $5 million in speaking fees. He earned between $100,000 and $1 million for "The Art of the Deal," which is his 1987 memoir.

According to Bloomberg, the filings suggested that his business empire is doing well and is valued at approximately $1.2 billion.

The document provides an insight into how his business ventures have fared since the end of his Presidency. But the disclosure of his earnings only requires him to report information in broad ranges, so it provides only limited details. So that makes it difficult to tell how many of the former President's biggest businesses and properties are faring since he left the office.

The businessman-turned-politician filed the disclosure after getting two 45-day extensions. He risked facing a $200 fine if he had delayed any further in filing it.