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Trump claims net worth of more than $10 billion in new filing
The Hill ^ | May 17, 2016 | Jonathan Easley

Posted on 05/17/2016 2:51:25 PM PDT by jazusamo

Donald Trump claimed a net worth of more than $10 billion in a Personal Financial Disclosure (PFD) form filed with the federal government on Tuesday, his campaign said in a statement.

Trump said he filed the report on Monday. As of this writing, the report was not available for review on the Federal Election Commission website.

In a statement, Trump took a swipe at Democratic presidential candidate Bernie Sanders

, who has requested an extension to file his own disclosure form.

“I filed my PFD, which I am proud to say is the largest in the history of the FEC,” Trump said.

“Despite the fact that I am allowed extensions, I have again filed my report, which is 104 pages, on time. Bernie Sanders has requested, on the other hand, an extension for his small report. This is the difference between a businessman and the all talk, no action politicians that have failed the American people for far too long.”

Trump filed the same document last July, surprising many critics by taking the final step in becoming an official candidate for president.

Still, Trump has so far declined to release any tax returns, something every major party nominee has done in the modern era. Tax returns are more detailed than the PFDs and include information not on the disclosure form.

Trump says he’s being audited by the Internal Revenue Service and has been advised by his legal counsel not to release his returns until the government finishes its review, although the IRS has said he is free to release them.

Trump’s critics claim he’s either hiding shady business practices or isn’t as wealthy as he claims.

The newly filed PFD form says that Trump’s revenue leapt from $362 million in 2014 to $557 million in 2015 – an increase of nearly $200 million. The figure does not include dividends, interest, capital gains, rent or royalties.

“This income was utilized, among other things, for the funding of construction projects at various multi-million dollar developments, reduction of debt and the funding of the campaign,” the campaign said.

Trump has already spent an estimated $36 million of his own money to fund his primary campaign.

The likely GOP nominee says his net worth has also increased, and is now “in excess” of $10 billion.


TOPICS: News/Current Events; Politics/Elections; US: New York
KEYWORDS: 2016election; disclosure; election2016; fec; jealousromney; newyork; sanders; trump; trumpfinancials
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To: kearnyirish2

If Hillary is their nominee, however, that can be countered with how much she and BJ have been paid for speeches, etc.

They ain’t po’ bos’ from Arkansas anymore.


21 posted on 05/17/2016 3:31:33 PM PDT by TomGuy
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To: jazusamo

“I filed my PFD, which I am proud to say is the largest in the history of the FEC,”

Positive things.


22 posted on 05/17/2016 3:31:50 PM PDT by Slambat (Self-censoring in support of The Great Trump)
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To: TomGuy

True, but they can’t hold a candle to his wealth; his publicity via TV probably will hurt him with the most envious types.

They just have to be poorer than him for some low-info lowlifes...


23 posted on 05/17/2016 3:33:09 PM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: jazusamo


24 posted on 05/17/2016 3:35:50 PM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -w- NO Pity for the LAZY - Luke, 22:36)
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To: Chode

Great graphic! LOL


25 posted on 05/17/2016 3:37:29 PM PDT by jazusamo (Have YOU Donated to Free Republic? https://secure.freerepublic.com/donate/)
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To: Rennes Templar
This could up the total significantly. I think China alone pays him millions in rent.

Maybe somewhere between .6 to .7 billion dollars.

Or more? :)

26 posted on 05/17/2016 3:41:56 PM PDT by Red Steel
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To: Graybeard58

That 10 billion worth was amassed after taxes were taken out at 60% in NY.


27 posted on 05/17/2016 3:42:33 PM PDT by A CA Guy (God Bless America, God Bless and keep safe our fighting men and women.)
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To: jazusamo

Geez, what a 1 percenter. /sarc


28 posted on 05/17/2016 3:43:04 PM PDT by Angels27
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To: jazusamo

well, I just called my banker and he confirms what I was afraid of..... Trump has a little more $$ than I do. Right now, anyway. Wait for tomorrow, tho....


29 posted on 05/17/2016 3:44:45 PM PDT by faithhopecharity ("Politicians are not born. They're excreted." Marcus Tullius Cicero)
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To: faithhopecharity

LOL! I didn’t even bother calling. :)


30 posted on 05/17/2016 3:46:37 PM PDT by jazusamo (Have YOU Donated to Free Republic? https://secure.freerepublic.com/donate/)
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To: jazusamo

The poor wish to be rich, the rich wish to be happy,
the single wish to be married, and the married wish to be dead.

Ann Landers


31 posted on 05/17/2016 3:57:17 PM PDT by faithhopecharity ("Politicians are not born. They're excreted." Marcus Tullius Cicero)
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To: faithhopecharity

Of the four types of people, only the married can count on their wishes to come true.


32 posted on 05/17/2016 4:16:14 PM PDT by Balding_Eagle ( The Great Wall of Trump ---- 100% sealing of the border. Coming soon.)
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To: Balding_Eagle

that’s very very nice-sounding way of putting it, yes

(you could make a fortune as a big PR person or advertising person!)


33 posted on 05/17/2016 4:19:59 PM PDT by faithhopecharity ("Politicians are not born. They're excreted." Marcus Tullius Cicero)
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To: Red Steel

“Maybe somewhere between .6 to .7 billion dollars.
Or more? :)”

Trump change.


34 posted on 05/17/2016 4:21:15 PM PDT by Rennes Templar (President Trump: It's all over but the counting)
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To: hoosiermama
Also, Fred Trump didn't give Donald a dime.

Donald had to work his way up through the company, and was treated as any other employee.

So, the myth that Donald is just a rich playboy trust-fund baby is just that - a myth.

35 posted on 05/17/2016 4:54:23 PM PDT by Extremely Extreme Extremist (MAGA! Make America Great Again)
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To: Extremely Extreme Extremist

When in college he bought property under made up companies near campus. Converted the houses to apartments
One of his roommates said they lived with the rats and roaches in the worse part of the house while they fixed up the other apartments. He was well on his way to his first millions when he graduated !


36 posted on 05/17/2016 5:28:21 PM PDT by hoosiermama (W1237 in Under budget. Ahead of schedule! Go TRUMP GO)
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To: jazusamo
Sold a lot of red hats.


37 posted on 05/17/2016 7:59:29 PM PDT by Albion Wilde (In a time of universal deceit, telling the truth is a revolutionary act. --George Orwell)
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To: Albion Wilde

Right on! ;-)


38 posted on 05/17/2016 8:12:23 PM PDT by jazusamo (Have YOU Donated to Free Republic? https://secure.freerepublic.com/donate/)
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