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WASHINGTON: Former President Donald Trump has provided more details about his sprawling financial empire, including his cryptocurrency wallet, speaking fees and the income he earned from the sale of his Washington, D.C., hotel in a redacted financial disclosure form.
In a disclosure filed with the Office of Government Ethics, trump He had to provide the exact amounts of more than $1 billion in income he received from a variety of endeavors that he had previously disclosed in only large sums.
In an earlier disclosure filed with the Federal Election Commission in April, Trump as a candidate was allowed to submit values ​​in broad ranges for some types of income, including dividends, capital gains, interest, rent and royalties. Other types of income, including salaries and speaking fees, must be disclosed in accurate amounts.
Trump listed the income from his golf course in Dubai as between $1 million and $5 million in his original filing. But the OGE filing specifies that he made $1,166,357 managing those properties.
Similarly, he reported $284.5 million in income from Trump Old Post Office LLC, which owned his hotel in Washington. This includes the profits from the operations of the property up to the sale of its interest and the proceeds of that sale, which also included the furniture and equipment on the premises. That’s a significant increase from the previous filing, which he said earned more than $5 million for “hotel revenue.”
Trump’s wealth and fame — from his international real estate empire to his star in “The Apprentice” — have raised questions about the intersection of his presidency with business interests. The new filings show that Trump, who has been out of office for two years, has furthered his political career for financial gain, capitalizing on multimillion-dollar speaking fees and business ventures made possible by his large following of supporters.
The report provides the most detail yet on Trump’s finances after his time in the White House and with what is likely to be a presidential primary. Democrats have attacked Trump for failing to separate himself from his business dealings while president, but his primary Republican opponents have been inclined to question the sources of his profits.
In the new disclosure, Trump provided more details about CIC Digital LLC, the company that receives a license fee for using Trump’s likeness on non-fungible tokens. He owns a US bank account with a balance of less than $1,000 and an Ethereum wallet of between $250,000 and $500,000.
Another entity showed $5.8 million in royalties and $12.6 million in payments for speaking engagements, including $1.4 million for a live tour of Florida and Texas with former Fox News host Bill O’Reilly in December 2021.
Trump values ​​his 90% stake in his social media company, Trump Media & Technology Group, at between $5 million and $25 million. The new filing pulls back the curtain on some of the company’s revenue streams: just over $1 million in advertising revenue from Rumble, a conservative streaming site that also hosts the company’s Truth Social platform, and $233,786 from advertising platform RevContent. Trump also appropriated $2.1 million in speaking fees as income to the media company.
The filing reveals Melania Trump’s speaking income: a $250,000 speech to the Log Cabin Republicans and another $250,000 from Fix California, an electoral integrity group led by Rick Grenell, Trump’s former acting director of national intelligence.
The former first lady offered $155,000 for a speech she gave in December 2021 in Palm Beach to a Trump-aligned political action committee called Make America Great Again. FEC records show that there were no payments of that amount from the Super PAC to entities associated with Melania Trump, although the payment may have been made through another vendor.
The amended filing shows Trump paid off an additional loan from Deutsche Bank AG not included in the original filing. He retired from a $25 million to $50 million mortgage on the Trump National Doral Resort.
In a disclosure filed with the Office of Government Ethics, trump He had to provide the exact amounts of more than $1 billion in income he received from a variety of endeavors that he had previously disclosed in only large sums.
In an earlier disclosure filed with the Federal Election Commission in April, Trump as a candidate was allowed to submit values ​​in broad ranges for some types of income, including dividends, capital gains, interest, rent and royalties. Other types of income, including salaries and speaking fees, must be disclosed in accurate amounts.
Trump listed the income from his golf course in Dubai as between $1 million and $5 million in his original filing. But the OGE filing specifies that he made $1,166,357 managing those properties.
Similarly, he reported $284.5 million in income from Trump Old Post Office LLC, which owned his hotel in Washington. This includes the profits from the operations of the property up to the sale of its interest and the proceeds of that sale, which also included the furniture and equipment on the premises. That’s a significant increase from the previous filing, which he said earned more than $5 million for “hotel revenue.”
Trump’s wealth and fame — from his international real estate empire to his star in “The Apprentice” — have raised questions about the intersection of his presidency with business interests. The new filings show that Trump, who has been out of office for two years, has furthered his political career for financial gain, capitalizing on multimillion-dollar speaking fees and business ventures made possible by his large following of supporters.
The report provides the most detail yet on Trump’s finances after his time in the White House and with what is likely to be a presidential primary. Democrats have attacked Trump for failing to separate himself from his business dealings while president, but his primary Republican opponents have been inclined to question the sources of his profits.
In the new disclosure, Trump provided more details about CIC Digital LLC, the company that receives a license fee for using Trump’s likeness on non-fungible tokens. He owns a US bank account with a balance of less than $1,000 and an Ethereum wallet of between $250,000 and $500,000.
Another entity showed $5.8 million in royalties and $12.6 million in payments for speaking engagements, including $1.4 million for a live tour of Florida and Texas with former Fox News host Bill O’Reilly in December 2021.
Trump values ​​his 90% stake in his social media company, Trump Media & Technology Group, at between $5 million and $25 million. The new filing pulls back the curtain on some of the company’s revenue streams: just over $1 million in advertising revenue from Rumble, a conservative streaming site that also hosts the company’s Truth Social platform, and $233,786 from advertising platform RevContent. Trump also appropriated $2.1 million in speaking fees as income to the media company.
The filing reveals Melania Trump’s speaking income: a $250,000 speech to the Log Cabin Republicans and another $250,000 from Fix California, an electoral integrity group led by Rick Grenell, Trump’s former acting director of national intelligence.
The former first lady offered $155,000 for a speech she gave in December 2021 in Palm Beach to a Trump-aligned political action committee called Make America Great Again. FEC records show that there were no payments of that amount from the Super PAC to entities associated with Melania Trump, although the payment may have been made through another vendor.
The amended filing shows Trump paid off an additional loan from Deutsche Bank AG not included in the original filing. He retired from a $25 million to $50 million mortgage on the Trump National Doral Resort.
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