WASHINGTON, July 2 -- Donald Trump's personal finances grew at a pace that would be striking in any industry last year: total revenue reached at least $2.2 billion in 2025, against $622 million in 2024, according to a mandatory financial disclosure filed Tuesday with the federal Office of Government Ethics. Nearly $38 million of that came from two Gulf real estate developers who hold Trump-branded licensing deals, and who stand to gain from the foreign and defense policies his administration now controls.

Saudi developer Dar Al Arkan contributed roughly $21.9 million to the tally, including $5.25 million tied to a golf club and resort project in Doha. Hussain Sajwani's Damac Properties, the UAE company whose founder was photographed alon...