Recent financial disclosures reveal that almost half of Donald Trump’s companies have yielded no income or generated earnings of less than $201. The filings, spanning over 250 pages, provide the first public glimpse into the financial landscape of the Republican presidential candidate as the election approaches. The section titled “Filer’s Employment Assets & Income and Retirement Accounts” includes 452 listings, covering various income sources such as rent, royalties, interest, sales revenue, management fees, licensing fees, and business earnings. Notably, 205 of these entries reported no income or less than $201.

Inactive assets comprised 67 of the entries that reported no income or less than $201. Among these, 33 listings were dissolved in 2023. Despite the significant number of assets yielding little to no income, Trump also experienced substantial financial gains from other ventures. Notably, he reported $56.9 million in revenue generated from resort activities at Mar-a-Lago. Other resort investments, such as IGL Enterprises in Ireland, contributed over $16 million in revenue. Additionally, Trump’s numerous golf clubs across the country proved particularly profitable, with Trump National Charlotte in North Carolina generating over $25 million, Trump National in Florida reporting $33 million in golf revenue, and Trump National Westchester in New York earning over $12.7 million.

The filings also highlighted some of Trump’s financial challenges, revealing that he owes more than $100 million in liabilities related to his legal issues in New York. The disclosures included judgments against him from two civil lawsuits filed by E. Jean Carroll, as well as over $50 million in liabilities arising from the civil fraud case initiated by New York Attorney General Letitia James.