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Trump releases financial disclosure forms Trump releases financial disclosure forms
(35 minutes later)
President Donald Trump reported an income of about $57 million from the Trump International Hotel in Washington, DC, and the Mar-a-Lago estate in Palm Beach, Florida, in financial disclosure forms released Friday evening. President Donald Trump reported at least $585,581,420 in income and employment assets in financial disclosure forms released Friday evening. Included was about $57 million from both the Trump International Hotel in Washington, DC, and his Mar-a-Lago estate in Palm Beach, Florida.
In addition to the $19.7 million from the Trump Hotel in DC, which opened in September 2016, Trump also reported $37.2 million in income from his private resort in Florida, Mar-a-Lago. In addition to the $19.7 million from the Trump Hotel in DC, which opened in September 2016, Trump also reported $37.2 million in income from his private resort in Florida, Mar-a-Lago. The Mar-a-Lago figure is up from $29.8 million in his 2015 disclosure.
The initiation fee for Mar-A-Lago doubled after Trump became president, from $100,000 to $200,000.
He reported nearly $11 million in revenue for the Miss Universe Pageant.
Trump also reported a total of $288 million in income from his golf courses alone last year.
First Lady Melania Trump, however, did not earn an income from the five different companies she's associated with.
Trump reported over $80,000 in pension from the Screen Actor’s Guild.
Between $100,000 and $1 million was earned in royalties for his book, “The Art of the Deal.” In total, the president reported up to $7 million in book royalties, including up to five million from his book, "Great Again: How to Fix Our Crippled America."
Five liabilities valued above $50 million each, including at least $130 million to Deutsche Bank, were disclosed. In total, Trump reported about $315 million in liabilities, around the same as last year.
The filings reflect the president’s investments, assets, income, liabilities and other holdings. It is not the same as a tax return, which would show more detailed financial information and his business dealings.
The Office of Government Ethics released the 98-page document.