Grand Theft America / Receipt money-2026-06-30-089
Trump Watches royalties hit $4.7M in 2025 disclosure
Trump's 2025 financial disclosure reported $4.7 million in royalty income from the Trump Watches licensing line, including the $100,000 Tourbillon model.
Verified through 2026-07-08Source: ABC NewsCorrections: none logged
What happened
The figure covers licensing payments from The Best Watches on Earth LLC, which the disclosure states is not owned or operated by Trump despite bearing his name and likeness. At typical royalty rates, the figure implies tens of millions in underlying sales.
Why it matters
A licensing vehicle pays Trump personally for use of his name on luxury watches marketed partly on his political brand, generating multimillion-dollar income disclosed only in an annual ethics filing.
Receipt details
- Sell the office
- Realized income
- $4.7M
