Trump’s latest financial disclosure shows liabilities, millions from licensing

The latest financial disclosure from former President Donald Trump reveals significant liabilities and millions in income from licensing. The document, filed with the Federal Election Commission (FEC), provides a detailed breakdown of Trump’s assets and liabilities. Key highlights include:

– **Liabilities**: Trump’s liabilities have increased significantly, with a total of $1.7 billion in debt, primarily from loans and mortgages. This includes a $100 million loan from Deutsche Bank and a $50 million mortgage from Ladder Capital.
– **Licensing Income**: Trump’s licensing business continues to generate substantial revenue, with millions in income from various sources. This includes royalties from his book sales, which have generated $1.1 million in the past year.
– **Real Estate**: Trump’s real estate portfolio remains a significant asset, with properties valued at over $100 million. This includes his Trump Tower in New York City and his Mar-a-Lago estate in Florida.
– **Other Assets**: The disclosure also lists other assets, such as stocks and bonds, which are valued at over $10 million.
– **No New Loans**: The report does not indicate any new loans or debt taken on by Trump since his previous financial disclosure.

Overall, the financial disclosure provides a comprehensive view of Trump’s financial situation, highlighting both his significant assets and the substantial liabilities he faces.

Share This Post

Post Comment