5 Things to Know From Trump's Financial Disclosure

He makes more from park carousel than his business books
By Rob Quinn,  Newser Staff
Posted Jul 23, 2015 4:52 AM CDT
5 Things to Know From Trump's Financial Disclosure
Republican presidential hopeful Donald Trump speaks at his South Carolina campaign kickoff rally in Bluffton, SC, on Tuesday.   (AP Photo/Stephen B. Morton)

Donald Trump complained that his fortune was too big for disclosure forms, but he managed to squeeze it into a 92-page filing with the Federal Election Commission that was made public yesterday. The filing doesn't show evidence of the "TEN BILLION DOLLARS" Trump boasted of in a campaign release, though he's certainly wealthy, with income of $380 million last year and assets of at least $1.4 billion, reports the New York Times. The paper notes that the exact size of Trump's fortune is hard to pin down because a total of 23 assets are listed as "over $50 million." A few tidbits from the filing:

  • Trump is already president of 457 entities, most of them part of the huge web of Trump holdings, and is listed as director, chairman, or trustee of dozens of other companies, reports the Guardian.

  • Trump "is a golf magnate at least as much as a real estate magnate," as Politico puts it: The $176 million he raked in from golf courses in the US, Ireland, and Scotland accounted for more than 40% of his income.
  • Trump is getting a hefty union pension: He has appeared in movies like Zoolander and Home Alone 2, as well as starred in The Apprentice, which has earned him a $110,000 pension from the Screen Actors Guild.
  • He has been earning up to $450,000 each time he gives a speech and also makes money from a wide range of endorsement deals, including a $1 million arrangement with Serta mattresses, though the Times notes that his "bombastic campaign style" has killed off some of those deals.
  • Trump made more than $500,000 from the Central Park Carousel over 18 months, which is more than he made from his books: Eleven of the 14 books he lists on the form brought in between nothing and $201 in royalties, the Guardian reports, though 1987's The Art of the Deal made him up to $50,000, according to Bloomberg.
(After Trump gave out Lindsey Graham's phone number, the senator used multiple methods to destroy it.)

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