The United States President, Donald Trump highlighted his business empire through his financial disclosure forms yesterday. It revealed income worth hundreds of millions of dollars.
It is a 98-page disclosure form signed by President Trump. It covers January 2016 through April 15, 2017, CNN reported.
President Trump reported an income of $288 million from his golf courses alone in the last year, including $19.8 million from his club in Bedminster, New Jersey. Also, the income ascertained at his luxury Washington hotel through mid-April is $19.7 million. This property has long been in the eye-of-the-storm for allowing possibility to foreign governments to rent out rooms there to curry favors to the President.
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He also reported $37.2 million income Last year from Mar-a-Lago, the private Florida resort where he hosted the Chinese President and ordered missile strikes against Syria. The club has doubled its membership fee last year. This figure is $7.4 million higher than on his previous financial disclosure filing in May 2016.
He also chalked up $7 million in book royalties, including $1 million to $5 million from his book “Great Again: How to Fix Our Crippled America.” He reported nearly $11 million from the Miss Universe pageant and an $84,000 pension from the Screen Actors Guild.
All-in-all, Trump brought in approximately $600 million to $650 million in employment assets and income.
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Although Trump was not required to file a disclosure form under the Federal Law until next year, the White House via a statement disclosed that he “welcomed the opportunity” to file the form “voluntarily.”
It must be noted that this is different from a federal tax return, which Trump has refused to make public and which would reveal much more about his business and financial dealings, including foreign business ties, both direct and indirect.