nine things we learned from Trump'south new financial disclosure form

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Source:   —  June 19, 2017, at 1:45 PM

President Trump has made tens of millions of dollars off his Mar-a-Lago club in the past year.

nine things we learned from Trump'south new financial disclosure form

President Trump has made tens of millions of dollars off his Mar-a-Lago club in the past year.

His controversial luxury hotel in WA isn't doing horrible either.

And a few of the president'south books are still hot sellers years after they were released -- though not every title Trump has written is getting a bump from his enlarged political profile.

A financial disclosure form published Friday by the Office of Government Ethics has shed light on what Trump earned during the most politically significant year of his career.

The White House says he "welcomed the opportunity" to file the form "voluntarily." He wasn't required by law to disclose his finances until following year.

Ethics lawyers declare they fear that as long as Trump maintains an ownership stake in his businesses, his personal profit motive could influence his decisions as president.

Related: Trump reports hundreds of millions in income

The documents show up to reveal his assets and income from January two thousand sixteen through April fifteen, two thousand seventeen. His total income was $600 million to $650 million, though a precise no is impossible to discover because officeholders are allowed to disclose figures in ranges.

Here are nine takeaways from the disclosure form.

one. Trump is raking in cash from Mar-a-Lago and other properties

Trump reported $37.two million in income from Mar-a-Lago, his private FL resort, where he hosted the president of China and from which he ordered missile strikes against Syria. The club has doubled its membership fee in the past year.

Trump also reported $288 million in income from all his golf courses, including $19.eight million from his club in Bedminster, New Jersey, where he's spent some weekends as president.

two. Trump is earning plenty from his controversial WA hotel

The Trump International Hotel brought in $19.seven million through mid-April. It opened in September.

The property has been a focus of complaints about conflicts of interest from ethics lawyers who declare foreign governments can curry favor with the president by booking rooms and events there.

three. A hefty chunk of Trump'south income is linked to foreign countries

We don't know precisely how much money Trump has made from his companies with overseas ties. A peek at his tax returns would allow a better picture.

But the financial disclosure form shows that he earned income from at least twenty assets with foreign ties. They comprise royalties made from international trademarks and income from his international resorts and golf courses.

All told, those assets earned Trump at minimum million.

four. Trump is getting a comfortable pension from the Screen Actors Guild

Trump took residence more than $84.000 in pension money from the Screen Actors Guild.

It'south unclear how long Trump has been a member. But he likely joined SAG when he began making cameos in films and television shows. He appeared in "Sex and the City," "Residence Alone 2" and "The Fresh Prince of Bel-Air."

Of course, his best-known television appearance was as the host of "The Apprentice" reality game show. But as the Hollywood Reporter has pointed out, that gig would probably entitle him to a different pension plan.

five. Some of Trump'south books are hot sellers, but many aren't

Trump is getting significant royalties from the sales of at minimum three of his books.

"The Art of the Deal" (one thousand nine hundred eighty-seven) and "Time to Obtain Tough" (two thousand eleven) each brought in as much as $1 million, and "Crippled America" (two thousand fifteen), later renamed "Grand Again," was his top seller. It earned him between $1 million and $5 million.

A couple other titles, such as "Think Love a Champion" (two thousand nine) and "How to Obtain Rich" (two thousand four), fetched smaller earnings of up to $50.000.

But the majority of Trump'south books brought in following to nothing. Royalties from ten of his titles, including "The America We Deserve" (two thousand) and "The Way to the Top" (two thousand four), earned Trump between $0 and $201.

six. Miss Universe made Trump $11 million

He purchased the pageant in one thousand nine hundred ninety-sixth, but said in two thousand-fifteenth that he'd reached a deal to sell the property to the talent agency and marketing firm WME-IMG. Details about the nature of the income aren't clear.

The pageant was rattled by controversy during the campaign. Trump used to running the event in partnership with NBC, but the relationship fell apart after the inflammatory comments he made about Mexican immigrants during his presidential announcement speech.

Former Miss Universe Alicia Machado also sparred with Trump during the closing months of the campaign. She said Trump called her "Miss Housekeeping" and "Miss Piggy" when she gained wt after winning the pageant.

7. Melania Trump doesn't have much to her name

Trump also had to disclose his wife'south assets on his financial form, but comparatively they don't indicate much.

Melania Trump'south assets are worth less than $5 million total, according to the filings. The only asset with a listed cost is a residential genuine estate holding.

The filings indicate Melania reported either small or number income.

8. Trump has a single checking account that holds millions

The president has a Capital One bank account where he's stored at minimum million.

Because the form only shows ranges, it'south unclear precisely how much Trump keeps in the account, and it could be much more than that amount.

The point is: Trump has serious cash at his disposal.

nine. Trump is carrying around a load of debt

Trump reported liabilities of at minimum 1 million, including mortgages and loans.

The real no could be much different. He was only required to report a range in cost for each loan.

Of the sixteen loans Trump reported, five were worth more than $50 million each. One was worth between $25 million and $50 million, and seven were worth between $5 million and $25 million each.

Another three loans were worth less than $1 million combined.

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