Steve Witkoff, Trump’s Special Envoy, Made More Than $250 Million While in Government
A disclosure shows that Steve Witkoff collected nearly $107 million in 2025 from a holding company that includes a crypto business owned by his family and President Trump’s.
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A disclosure shows that Steve Witkoff collected nearly $107 million in 2025 from a holding company that includes a crypto business owned by his family and President Trump’s.
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Ben Protess covers the Trump Organization. Andrea Fuller uses data to report on the federal government.
Sept. 10, 2026, 2:35 p.m. ET
Steve Witkoff, President Trump’s special envoy, reaped at least $257 million last year from his sprawling business empire, a remarkable haul for a government employee.
Mr. Witkoff’s earnings, reported in a newly released disclosure form for 2025, include $120 million from selling a stake in his family’s real estate business. He also collected nearly $107 million from a holding company that invested in a variety of other ventures, including the Trump family’s cryptocurrency business.
The Witkoff and Trump families founded the crypto business, World Liberty Financial, in the run-up to the 2024 election. And although World Liberty has said Mr. Witkoff was not involved in the company’s operations last year, he continued to own a financial stake until divesting it early this year.
Mr. Trump’s stake in the firm was even more lucrative. Last year, he brought in nearly $800 million from World Liberty, according to the president’s disclosure form released in June. All told, Mr. Trump collected about $1.4 billion from his family’s various cryptocurrency businesses last year, including World Liberty and his $TRUMP memecoin.
Mr. Witkoff’s disclosure form, filed in July but still subject to revision, does not specify how much money he made from World Liberty, a somewhat unusual omission. He reported pulling in nearly $107 million from Witkoff Holdings LLC, which has dozens of entities, including his stake in World Liberty. That total included more than $68 million in cash and roughly $38 million in cryptocurrency, according to the filing.
The disclosure, released by the White House this week, offers the latest illustration of potential conflicts stemming from World Liberty.
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Originally published by nytimes.com. Syndicated material does not necessarily reflect the views of Glamour Canada.
