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Trump releases financial disclosure forms | Trump releases financial disclosure forms |
(35 minutes later) | |
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. 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. |