Trump's financial disclosure shows millions made from licensing deals but costly civil judgments

Donald Trump’s Financial Disclosure Documents Show Profits and Civil Judgements #

Donald Trump’s latest financial disclosure documents reveal that he made millions from licensing deals and book royalties. The documents also mention significant civil judgements against Trump in New York. The disclosure offers insights into Trump’s finances, including his real estate business, investments, income, and debts. The release from the Federal Election Commission is the first public update on Trump’s finances in a year.

The documents highlight Trump’s global business interests, including registered trademarks in various countries such as China, Saudi Arabia, Iran, Ukraine, and Israel. They also reveal details about how Trump manages his fortune, including his investments in cryptocurrency and gold bars.

Although the financial disclosure reports provide an incomplete picture, they show liabilities of over $50 million owed to individuals and the New York attorney general. The documents also reveal Trump’s ownership share of Trump Media & Technology Group, which is the parent company of the Truth Social social media network.

The disclosure reports indicate that Trump earned over $12 million from licensing and royalty deals, including a significant increase in earnings from a license agreement with a company selling digital NFT trading cards featuring the former president. Additionally, Trump made millions from royalties related to his books and ventures associated with country singer Lee Greenwood.

The documents also reveal Trump’s ownership of Ethereum cryptocurrency and his income from his Mar-a-Lago club in Palm Beach, Florida. They show that Trump dissolved several business entities, including those related to real estate projects in China. The filings also mention the repayment of a loan to Deutsche Bank and income earned by former first lady Melania Trump.

In contrast, Vice President Kamala Harris and second gentleman Doug Emhoff’s tax returns for 2023 showed earnings of $450,299, which were released by the White House in April.