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Steve Witkoff Made $257M While Trump's Envoy

New York Times Business •
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Steve Witkoff, President Trump's special envoy, reaped at least $257 million in 2025 from his business empire, including $120 million from selling a stake in his family's real estate business and nearly $107 million from Witkoff Holdings LLC, which included his stake in World Liberty Financial. Trump earned about $1.4 billion from cryptocurrency ventures, including World Liberty and his $TRUMP memecoin. An investment firm tied to the UAE bought nearly half of World Liberty, blurring foreign policy and private enterprise lines while enriching the Witkoff and Trump families.

Ethics groups have flagged these entanglements as potentially problematic, with critics saying officials in such roles 'really need to be above reproach.'.