Financial Disclosure Report
With Donald Trump in the headlines front and center these days, more people than ever before are asking the question "What is Donald Trump worth?" In truth the answer to that question is obviously somewhat of a moving target. However, the recent release by the Federal Election Commission of a 92-page financial disclosure report filed by Trump may provide insight into a massive and substantial estate and personal empire.
The personal financial disclosure statement was released on July 15, 2015 by the Trump campaign and points to a net worth in excess of $10 billion as recently reported by the Business Insider. The article posted here in the Business Insider makes reference to the fact that the actual fortune of Trump is still somewhat ambiguous. This is mostly due to the fact that the disclosure reports various aspects of Trump’s estate in terms of “ranges.” Some would argue that the report lacks in specificity and absolutes.
Impressive Amount Of Wealth
Regardless of whether anyone agrees or disagrees with Donald trump’s political positions, one thing is sure and that is that the flamboyant businessman has amassed an impressive amount of wealth over the decades. The Business Insider report goes on to state that the original one page report placed the real estate magnate’s wealth at $8.7 billion. However, the Trump’s campaign noted that recent changes in real estate values in key locations around the nation has resulted in a net worth in excess of $10 billion.
Licensing His Brand Worldwide
In contrast, Forbes has estimated that a more accurate estimate of his wealth to be around $4 billion. What is interesting is that a large amount of Trumps earnings are gained through royalties. In fact, he earned nearly $10 million in royalties last year alone. It appears that selling the Trump name is an extremely profitable proposition. With involvement in more than 500 organizations and entities worldwide, and more than 250 of them taking advantage of the Trump brand name, Donald Trump enjoys generous rewards for licensing his brand worldwide.
Recently Released Campaign Report
Case in point is that of the Trump Vineyard, Estates LLC. The Virginia-based winery, as indicated in the recently released campaign report estimates earnings between $150,000 to well over $1 million. Perhaps nothing is more indicative of the Trump estate as that of his accumulation of profitable golf courses. According to Golf Digest, Trump has accumulated at least $500 million in golf course properties in recent years. The campaign report indicates that Trump recently earned annually more than $700 million in golf course related revenue.
Real Estate Generated Revenue
With $41 million in rental income and another $66 million in profits from selling condos and various other pieces of real estate, Trump is a true real estate mogul. The New York Times in this recent report shows that approximately 29% of Trumps income is based solely on real estate generated revenue. Add to that speaking fees of nearly $2 million in just the last year alone as well as royalties from books and modest income from a stock portfolio and you have the making of the substantial ultra-high-net-worth estate.
Actual And Detailed Net Worth
While Trump is not a major investor in equities he does hold approximately $30-$90 million in stock. His stock holdings vary widely and include familiar companies like Facebook, Google, Apple and Raytheon to name just a few. Regardless of whether or not anyone agrees or disagrees with Trump’s political opinions, aspirations or attitudes, one thing is certain and that is that Donald Trump is well versed in amassing wealth in a big way. Outsiders may never know the actual and detailed net worth of this man, but the recent (FEC) Federal Elections Commission 92-page financial disclosure report offers a generalized glimpse into what is easily a $10 billion personal estate of note.