Trump financial disclosures show Mar-a-Lago business boom

President Donald Trump arrives at the White House in Washington Friday

Here's A Glimpse Of Donald Trump's Financial Interests

The 98-page financial disclosure Trump voluntarily filed shows total income of at least $596.3 million past year and in the first quarter of 2017.

In the 98-page document, posted on the agency's website, $ 130 million of debt is reported to Deutsche Bank Trust Company Americas, a subsidiary of Deutsche Bank.

We do know that Trump reported making at least $597 million during 2016 and the first part of 2017 off the at least $1.4 billion worth of assets that he has retained.

Trump's refusal to divest his holdings before taking office have triggered a cascade of complaints related to the use of government resources to promote properties such as Mar-a-Lago in Florida, allegations that he is violating the Constitution's foreign emoluments clause and questions about how he is being used to promote the Trump Organization's projects overseas.

White House Spokesman Sean Spicer earlier in the week dismissed those concerns as partisan bickering, and in a brief statement late Friday, he did not address them anew. His private club doubled the cost of signing up to $ 200,000 after Donald Trump's election in the presidency.

President Donald Trump arrives at the White House in Washington, Friday, June 16, 2017, after speaking about Cuba policy in Miami.

Officials must disclose values on the form in ranges that top out at $50 million.

Trump brought in roughly $7 million in book royalties, of that $1 million to $5 million came from his book "Great Again: How to Fix Our Crippled America".

In the a year ago, Trump has made $37 million from the Mar-A-Lago club, which has served as his second White House.

The report also doesn't reveal how much Trump paid in taxes past year. Its television revenue like The Apprentice dropped to $ 1.1 million from $ 6 million a year earlier.

Mr Trump has refused to release his tax returns, which would give a much clearer indication of his wealth and business interests.

Trump voluntarily filed the disclosure with the assistance of the Office of Government Ethics, following a practice of President Barack Obama.

Before taking office in January, Trump was a NY real estate developer and television celebrity.

USA presidents are not required to release their tax returns but have done so voluntarily since the 1970s.

Trump released a disclosure form in May 2016 that his campaign at the time said showed his net worth was $10 billion.

The hotel is cited in three separate lawsuits arguing that Trump is violating the Constitution's "emoluments" clause, a ban on foreign gifts and payments.

Latest News