Trump has multiple sources of income, as shown by financial disclosure forms filed with the federal government in August 2023. In 2022, Trump reported at least $537 million in golf course and hotel income, $30.4 million dollars in licensing fees and royalties, $26.5 million in management fees and $61.1 million in distributions from its stake in buildings such as 1290 Avenue of the Americas in New York.
Trump also earned $6.2 million from speaking engagements and $116,103 in pensions from the Screen Actors Guild and the American Federation of Television and Radio Artists. Additionally, he reported $268.7 million in revenue from his Washington, D.C. hotel, including a gain on the sale of the property, and nearly $1 million from the sale of two helicopters.
Real estate
Trump owns hotels, office buildings, residential buildings, golf courses and estates. A June 2021 financial statement listed some of his most valuable properties, such as 40 Wall Street, an office building in New York, Trump Tower in Manhattan and the Mar-a-Lago resort in Palm Beach, Florida. The financial filing said his properties were worth $4.3 billion at the time, while Trump owed a total of $439.2 million in loans and other liabilities. His net worth was $4.5 billion.
Among its major properties, the document states that golf clubs and other club facilities were valued at $1.76 billion, New York buildings such as Trump Tower and Trump Plaza were valued at $524.7 million and $33.4 million, and its holdings in two buildings jointly owned with Vornado were valued at $645.6 million.
In the New York case, the judge ruled that Trump overstated the value of some of these properties over the years, including the value of 40 Wall Street inflated by $120 million in 2015 and the value of Seven Springs, a property in New York’s Westchester County, overvalued by $147 million in 2014. The judge called Trump’s estimated value for Mar-a-Lago “fraudulent” and wrote that it was “probably a billion dollars or more » higher than its market value.
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2024-03-26 07:11:34
