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.