Donald Trump’s latest financial disclosure, filed with the Federal Election Commission (FEC), reveals significant liabilities and millions of dollars in income from licensing deals. The disclosure highlights Trump’s financial situation as he prepares for the 2024 presidential election.
Key points from the disclosure include:
– **Liabilities**: Trump’s liabilities total over $1.7 billion, with the majority attributed to loans and mortgages.
– **Licensing Income**: Trump’s licensing deals, which include his name on various products and services, generated millions of dollars. These deals are a significant source of income for Trump.
– **Real Estate Holdings**: Trump’s real estate portfolio includes several properties, including the Trump Tower in New York City and the Trump National Doral Miami.
– **Debt**: Trump’s debt is primarily tied to his real estate holdings, with significant loans from Deutsche Bank and other lenders.
– **Assets**: Trump’s assets are valued at over $1.1 billion, with a significant portion coming from his real estate holdings and licensing deals.
The disclosure provides a detailed look at Trump’s financial situation as he continues to navigate the 2024 presidential election.