Key facts
- Steve Witkoff, President Trump's special envoy, collected $107 million in 2025 from a holding company that includes World Liberty Financial.
- World Liberty Financial is a cryptocurrency venture co-founded by Witkoff and Trump, with their sons also involved.
- Witkoff's holding company earned $34 million in 2024, prior to Trump's return to office.
- An Abu Dhabi royal, Sheikh Tahnoon bin Zayed Al Nahyan, invested $500 million into World Liberty Financial.
- The investment by Sheikh Tahnoon was slated to flow at least $31 million to entities affiliated with Witkoff's family.
- Witkoff's son, Zack Witkoff, is currently the CEO of World Liberty Financial.
Steve Witkoff, who serves as President Trump's special envoy, collected $107 million in 2025 from a holding company that includes World Liberty Financial, a cryptocurrency venture he co-founded with Trump. This income marks a substantial increase from the $34 million his holding company earned in 2024, before Trump's return to office.
Witkoff's net worth has reportedly increased by $300 million since he began working for the Trump administration, reaching $2.3 billion. World Liberty Financial was co-founded by Witkoff and Trump, along with Witkoff's sons and Trump's sons. While Witkoff's holding company has other assets, including real estate, a significant portion of his earnings in 2025 came from his share in the crypto venture.
Despite claims in May 2025 that Witkoff was divesting from World Liberty Financial, the company was still listed as a financial disclosure asset three months later. His sons remain invested, with Zack Witkoff serving as CEO. Shortly before Trump's inauguration, Sheikh Tahnoon bin Zayed Al Nahyan, an Abu Dhabi royal, invested $500 million into World Liberty Financial, with at least $31 million slated to go to entities affiliated with Witkoff's family. Sheikh Tahnoon is also a major shareholder in the holding company created for WLF's banking venture, which the Trump administration granted preliminary approval.
Separately, Witkoff's son Alex was reportedly soliciting billions of dollars from governments involved in peace talks with his father, including Qatar, the UAE, and Kuwait, for a planned investment fund focused on U.S. commercial real estate projects.