jillian
Princess
Whatās in Donald Trumpās
104-Page Financial Disclosure?
By GREGOR AISCH, ALICIA PARLAPIANO and KAREN YOURISH MAY 18, 2016
Donald J. Trumpās financial disclosure form, which all presidential candidates are required to file, was released by the Federal Election Commission on Wednesday. The form includes estimates of his assets, income and debt since the beginning of 2015, but it provides much less specificity than his tax returns would, should he release them. RELATED ARTICLE
Assets: At Least $1.5 Billion
While the Trump campaign claims that the candidateās net worth is more than $10 billion, the figure cannot be verified with the disclosure form, because the largest range for a single assetās worth is āover $50 million.ā
Including at least:
$687 million in real estate and development from ownership in properties like Trump Tower, 40 Wall Street and 1290 Avenue of the Americas
$550 million in golf courses and resorts, including Mar-a-Lago in Palm Beach, Fla.
$100 million in hotels
$58 million in a fleet of aircraft, including his Boeing 757 jet, often referred to as Trump Force One
$6 million in vineyards
$4.3 million in entertainment ventures including a modeling agency and Trump Productions, producer of the Apprentice
Income: At Least $615 Million
The bulk of what Mr. Trump reported as income over the filing period came from his golf courses and resorts and from condominium sales and rents from his real estate developments. The disclosure he released in 2015, which covered a similar period of time beginning in January 2014, showed income totaling at least $380 million.
Including at least:
$336 million in revenue from resorts and golf courses
$109 million in rent and condo sales
$49 million in revenue from the sale of the Miss Universe organization and other beauty pageant revenue
$13 million from operation of the Wollman ice skating rink in Central Park
$12 million from restaurant food and beverage sales
$9 million from licensing the Trump name
$1.2 million in book royalties
$800,000 in speaking fees
Stock and Funds: At Least $61 Million
Mr. Trump has invested a small portion of his assets in hedge funds, mutual funds and stocks.
Including at least:
$25 million in a hedge fund managed by BlackRock
$22 millionin stocks through Barclays Bank, Oppenheimer, Deutsche Bank, and J. P. Morgan
These investments earned him at least an additional $4 million in interest, capital gains and dividends during the filing period.
Liabilities: At Least $315 Million
The bulk of the 16 liabilities listed by Mr. Trump consists of mortgages, maturing between 2016 and 2029.
Each of these carries a debt of at least $50 million:
Trump Tower (mortgage)
40 Wall Street (loan)
Trump National Doral (mortgage)
Trump International Hotel and Tower Chicago (springing loan)
Trump Old Post Office development (loan)
who gave him the loans?
you'd know that if you knew his 1099 income.
but you don't.
silly