Exploring Trump’s Reported Sources of Income

Recent financial disclosures reveal that former President Donald Trump possesses over $1 million in cryptocurrency, up to $250,000 in gold bars, and an extensive portfolio of golf courses and real estate that contribute to his billionaire status.

These details were made public as part of his filings for the ongoing Republican presidential campaign, released late Thursday. The documents comprise more than 200 pages of information, providing an overview of Trump’s financial landscape.

While the filings comply with federal regulations requiring asset valuations to fall within a range, Trump has included some specific income figures. Notably, they do not reveal his business losses, leaving the profitability of his numerous investments somewhat ambiguous.

Nonetheless, the disclosures shed light on Trump’s wealth and the unconventional sources of his income.

Among these, Trump reported earnings of $300,000 from sales of “The Greenwood Bible,” an edition he and country singer Lee Greenwood endorsed. He also collected $4.4 million in royalties from “Letters to Trump” and $500,000 from “A MAGA Journey.” Additionally, he continues to earn royalties from various other books, including “The Art of the Deal,” which netted him between $50,000 and $100,000 over the past year.

As a former member of the Screen Actors Guild, Trump benefits from an annual pension of $90,776.

While his wealth is primarily derived from real estate, his most significant asset appears to be his media company responsible for the social media platform Truth Social, which went public in March. Trump reports ownership of over 114 million shares in the company, currently valued at approximately $23 per share, translating to more than $2 billion in worth. However, he is currently restricted from selling these shares due to a “lock-up” agreement.

Trump’s portfolio also includes noteworthy investments in cryptocurrencies, particularly $1 million to $5 million in ethereum. His commitment to supporting the cryptocurrency sector has been vocalized, promising to reduce regulations if he returns to the White House.

Furthermore, Trump reported earning $7.15 million in licensing fees from NFT INT, a company focused on selling digital tokens. Additionally, Melania Trump made $330,000 from NFTs, according to the filings.

Regarding tangible assets, the former president holds $100,000 to $250,000 worth of gold bars, though these figures are dwarfed by his extensive investments in stocks, municipal bonds, and several real estate properties.

The breadth of Trump’s business interests spans multiple countries, with a mix of trademark claims and operating revenues. His business ventures yielded income exceeding $3 million from licensing deals in Dubai and more than $2 million in Oman.

Trump’s golf courses contribute significantly to his income, with his Bedminster, New Jersey club generating around $37 million, his Jupiter, Florida golf club yielding $31 million, and Turnberry in Scotland bringing in 26 million British pounds, equivalent to about $33.5 million.

Notably, Trump’s Mar-a-Lago resort in Florida alone generated more than $56 million in income.

Moreover, Melania Trump received $237,000 for a speaking engagement with the Log Cabin Republicans, a group advocating for conservative gay rights.

Despite these substantial earnings, Trump listed various debts in his disclosures, including significant legal liabilities from ongoing litigation with the New York attorney general’s office related to allegations of business fraud, as well as other debts stemming from lawsuits against him for personal misconduct.

A jury found Trump liable for sexually assaulting E. Jean Carroll in 1996, with judgments stemming from this incident amounting to $5 million and $88 million for slander. Trump is currently appealing these verdicts.

Additionally, he reports owing over $50 million in connection with the New York attorney general’s office lawsuit, which includes a nearly $500 million civil fraud judgment that is also under appeal.