On Friday, the Office of Government Ethics posted a disclosure from Donald Trump stating that the President's assets are worth around $1.4 billion from his various real estate ventures and foreign deals worldwide.
New financial disclosure forms provide insight into where and how Donald Trump has reaped profits since he launched his bid for the presidency. But he can take back control at any time, and he's free to withdraw cash from it as he pleases. Those returns provide more precise financial information than the disclosure forms that have broad ranges for income, assets and debts. Royalties from the 1987 autobiography ranged between $100,000 and $1 million, according to the new report. Revenues also increased at Mar-a-Lago, the Florida resort known as the "Winter White House". Highest revenue from the Trump came from golf courses, such as the Trump National Doral in Miami, which however was reduced to $ 115.9 million from $ 132 million a year ago. The club doubled its initiation fee after Trump's electoral victory in November, increasing the cost to $200,000.
His golf club in Bedminster, New Jersey, on the other hand, produced nearly $20 million in revenue, about what it had during the previous reporting period. However, the filings do show that the properties Trump has visited frequently as president have seen significant gains in income, the D.C. hotel at the center of an ethical controversy has generated millions in revenue, and the royalties for Trump's books have soared.
The hotel is housed in the government-owned Old Post Office building, and many have argued payments from foreign governments violate anti-corruption clauses in the Constitution. Trump and the Justice Department have called those claims baseless.