New: Trump-endorsed Bible nets former president $300,000 in royalties
Donald J. Trump's latest financial disclosure reveals a complex financial picture, balancing significant liabilities with various income sources. The former president faces over $100 million in liabilities from three civil lawsuits he lost in New York, including a $50 million bond for a civil fraud case and a judgment of $83.3 million in the E. Jean Carroll sexual abuse case.
Trump's current financial state was summarized in a new report in the New York Times.
Despite these legal challenges, Trump reports substantial income from various sources. His post-presidential books have been lucrative, with "Letters to Trump" bringing in $4.5 million, "A MAGA Journey" earning $505,763, and a Trump-endorsed Bible generating $300,000 in royalties. He also profits from licensing fees at Trump-branded properties in Dubai and Oman.
Trump's involvement in cryptocurrency and NFTs is notable. He holds over $1 million in cryptocurrency and received $7.15 million from an NFT licensing agreement. His wife, Melania, earned $330,609 from NFT sales and $237,500 for speaking at a Log Cabin Republicans event.
The disclosure also details Trump's holdings in Trump Media and Technology Group, the parent company of Truth Social. He owns nearly 65% of the company, with 114 million shares of common stock subject to a lockup period.
Trump's resorts continue to be significant revenue sources. Mar-a-Lago reported $56.9 million in resort-related revenue, up from $52.3 million the previous year. Trump National Doral in Miami generated $160.1 million in revenue.
Other income sources include a Screen Actors Guild pension worth $90,776 and ongoing royalties from "The Art of the Deal." Trump also received $16.7 million in distributions from his investments in two office buildings managed by Vornado Realty Trust.
While the disclosure provides a broad overview of Trump's finances, it doesn't offer a complete picture of his net worth or the profitability of his businesses. The form often uses broad ranges for asset values and doesn't clearly define terms like "income" for some businesses.
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