Posted on 04/16/2023 10:37:20 AM PDT by SeekAndFind
Former President Donald Trump has filed a personal financial disclosure report, which shows the former president’s vast business empire—valued at around $1.2 billion—expanding since his return to private life.
The 101-page report (pdf) was filed with the Federal Election Commission as he campaigns to secure the Republican nomination for president in 2024.
Trump’s business acumen, which he campaigned on ahead of the 2016 election and has repeatedly highlighted since then, appears in sharp focus in the filings.
Since leaving office in January 2021, Trump has approximately doubled his number of business holdings, with a total estimated value of at least $1.2 billion.
In terms of income, the filing provides limited information because it reports income in broad ranges, unlike the disclosures Trump had to file while president that showed specific figures.
Still, the disclosure shows Trump remains a very wealthy man. Over the course of 2021 and part of 2022, Trump’s business empire generated at least $282 million.
For instance, Trump reported making over $5 million in speaking engagements since leaving office. A number of his real estate holdings and golf clubs—including Hudson Waterfront Associates, Fifty-Seventh Street Associates, Ireland Enterprises, and Pine Hill—each generated over $5 million in income.
Royalties from Trump’s famous memoir “The Art of the Deal” made him between $100,000 and $1 million. Other Trump books like “Think Like a Champion” and “Time to Get Tough” made less than $15,000.
In terms of business entities, among his newer ventures is Trump Media, which he holds a 90 percent stake in and includes his Truth Social platform. Trump Media is valued at between $5 million and $25 million, per the disclosure.
A number of other ventures are valued within the same range of $5 million to $25 million, including: Trump International Hotels Management, Trump Ferry Point, and Excel Venture.
A total of 19 businesses were valued at over $50 million, the disclosure shows, including Fifty-Seventh Street Associates, Jupiter Golf Club, and Mar-A-Lago Club.
A Trump campaign spokesperson did not immediately return a request for comment on the disclosure.
Forbes estimates that, as of April 15, Trump’s net worth amounts to $2.5 billion, making him the 1255th richest individual in the world.
In 2016, the last year before Trump assumed the presidency, his net worth was estimated by Forbes as around $4.5 billion.
I sometimes forget that Donald Trump has ‘returned to private life’ after his presidential term ended. To this day, he seems to be a constant presence, both directly and indirectly (TDS) in American politics.
Just like every other President? This is getting funnier and funnier.
Most politicians just stay attached to the public teat when they leave office, not being able to survive otherwise.
He’s probably in a small minority group, a US politician that actually LOST money while in office.
The typical US Congressman, President and VP (Clinton’s, Gore and Obama), even many of your top appointed folks become millionaires or even billionaires while in office. There are a plethora of schemes used to enrich oneself, and the DOJ just stands there and watches.
Biden is one of those crooks. He’s been making sure family and relatives get rich for decades. Sadly in today’s world, the once self professed “watchdog media” does not even want to report on these things, because after all, he’s their “big guy.”
Look at what the White House pres corps did when Trump donated his entire income to charity and let them decide where to spend it. Telling of what sort of people these are.
So the presidency cost him $2B?
I think it’s time for a new book. Suggested title:
“Those Bastards!”
Only president in history who got poorer by being president.
Many politicians were failures in the private sector or fail once they leave office and attempt to go into the private sector UNLESS they are what typically happens. They are often hired because of their Rolodex/connections and succeed because they give a defense contractor, some big corporation a leg up because of the influence they can peddle.
Great!
But nobody seems to care about how much money Bernie Sanders has made since becoming a Senator.
YES!
Trump was a name known literally on the other side of the iron curtain in the Cold War. He was a celebrity. He has billions. He could have super models, travel the world, live in the most beautiful places. Air Force One (albeit larger) was a step down for him in luxury and amenities. The White House was a step down for him in terms of luxury and amenities (inside his New York home: https://www.travelandleisure.com/thmb/HvpE6mO7TOFu9CI1jln6F9DfqwE=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/trump-tower-penthouse-columns-PENTHOUSE1116-df5841b24fb14fc18f8dd4532854d7ad.jpg
Why does someone like that get into politics?
When you already have everything and are getting older, you sometimes start to think about leaving a legacy, building a monument of your existence to last after you’re gone.
Someone like him isn’t motivated by money nor fame. He’s into legacy building and being independently wealthy makes him a loose cannon, a threat to those who have power over government, examples: big pharma, interests that want unbridled trade with China... You can’t buy him. Not even his own party could control him.
At that rate, had they let him win a second term in 2020 he'd have ended it nearly broke.
I sometimes forget that Donald Trump has ‘returned to private life’ after his presidential term ended. To this day, he seems to be a constant presence, both directly and indirectly (TDS) in American politics.
Yeah me too. The man only sleeps a couple of hours a night. His work day is considerably longer than the average earthling. Another PLUS we had in him as President of the United States.
He has billions. He could have super models, travel the world, live in the most beautiful places. Air Force One (albeit larger) was a step down for him in luxury and amenities. The White House was a step down for him in terms of luxury and amenities
Exactly and one big reason why I trust him
Returning to private life. Yeh, sure! 😏
And size. The White House, while not tiny, is certainly not big. Trump is accustomed to having much more elbow room. I bet that Trump the builder was tempted to add a few stories, but restrained himself.
As for amenities, the artwork on display is impressive. Everything there has an interesting history.
Nor any of them…..Pelosi, Crenshaw.
Apparently, one of the worst ones now is the Democrat that represents the CD that has Wall St in it. I think his name is Goldman.
It’s in his blood. Donald Trump has never rested on his laurels. Some people (usually very successful) aren’t happy unless they’re reaching for their next challenge. Archetypal type A personality. I was wore out just seeing how hard president Trump worked when he was in office!
Trump is not like he is because he is a billionaire, he is a billionaire because he is like he is!
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