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Trump Files Personal Financial Disclosure with FEC, Said Net Worth in Excess of $10 Billion Dollars

GOP presidential candidate Donald Trump filed his Personal Financial Disclosure with the Federal Election Commission Wednesday.

“This report was not designed for a man of Mr. Trump’s massive wealth,” noted a press release sent by Trump’s campaign. “For instance, they have boxes once a certain number is reached that simply state $50 million or more. Many of these boxes have been checked. As an example, if a building owned by Mr. Trump is worth $1.5 billion, the box checked is ‘$50,000,000 or more.’”

Trump stated in the press release:

First people said I would never run, and I did. Then, they said, I would never file my statement of candidacy with the FEC, and I did. Next, they said I would never file my personal financial disclosure forms. I filed them early despite the fact that I am allowed two 45 days extensions. Now I have surged in the polls and am fighting to Make America Great Again. I look forward to the challenge of winning the presidency and doing a fantastic job for our country. I will make the United States rich and strong and respected again, but also a country with a ‘big heart’ toward the care of our people.

Trump’s campaign said his net worth has increased due to real estate values going up in New York City, San Francisco, Miami and other locations where Trump owns property.

“His debt is a very small percentage of value, and at very low interest rates. As of this date, Mr. Trump’s net worth is in excess of TEN BILLION DOLLARS,” noted his campaign in the press release.

In his Personal Financial Disclosure form, Trump’s income in 2014 is noted at $352 million dollars – which doesn’t include interest, capital gains, rent or royalties.

Trump also enjoyed a gain of more than $27 million dollars from stocks in a relatively short period of time, which he sold in 2014.

“Mr. Trump showed almost 500 business entities of which 91% are owned 100% by him,” stated the press release. “Mr. Trump wrote Trump: The Art of the Deal, one of the bestselling business books of all time, and numerous other bestsellers over the years.”

Also, at the beginning of this year NBC/Universal renewed Trump’s show The Apprentice for its 15th season, but Trump decided to turn it down to run for president, according to the press release.

“NBC was not happy. During the 14 seasons of The Apprentice, Mr. Trump was paid $213,606,575,” the campaign’s press release concluded.

Trump statement

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