Trump has released his 2016 financial disclosures on Friday evening. The records detailed his income, assets and his trust and the state of his finances following the election. It also covered retirement accounts. It does not include his tax details, which his lawyers have refused to release.

 

Why it matters: Trump made the decision to not sell his business holdings to avoid a conflict of interest when he became president, and instead put them in a large trust, ignoring experts advice. All of his assets will return to him when he gives up the presidency to the next person. This is why many people are concerned that he will cash in on his relationships with foreign countries now and use favor with the POTUS to profiteer off the American people. This would be a violation of the foreign emoluments clause of the Constitution.

What we’ve gathered in a quick breakdown:

  • $115,865,590: Trump National Doral in Miami
  • $37,251,635: Mar-a-Lago “resort related revenue” — which is about $7.4 million more than what he reported on his candidate financial disclosure filing from May, 2016
  • $19,752,500: Trump National Golf Club in Bedminster, NJ “golf related revenue”
  • $19,666,129: Trump International Hotel in D.C. with “hotel related revenue” (which opened in September 2016)
  • $17,508,270: golf club in Potomac Falls, VA
  • Between $1,000,000 – $5,000,000 in royalties from his book “Great Again: How to Fix Our Crippled America” (published in 2015)
  • $84,000 pension from the Screen Actors Guild
  • Trump resigned from more than 500 positions shortly before his inauguration
See the disclosures for yourself via the U.S. Office of Government Ethics.

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