The office of government ethics on the financial Affairs of the US President has published the annual financial report of Donald Trump for 2019.
The 78-page document provides data on the President’s income and loans. According to a published document, the profit of the Trump resort at Mar-a-Lago in Florida fell from 22.7 million in 2018 to 21.4 million dollars in 2019. Profits at his hotel near the White House fell from 40.8 million to 40.5 million in 2019.
The document contains data for 2019, so they do not reflect the impact of the coronavirus on the President’s business, which in some cases had to be closed due to restrictions imposed against the background of the coronavirus.
The head of the US also reported receiving 13.5 million dollars from the sale of a mansion in Beverly Hills. In addition to the fact that most of Trump’s income consists of his profits from real estate around the world, he also receives a fee for the book “The Art of Deal: The Movie” in the amount of over $ 100,000 a year. Last year, he also received a pension from the screen actors Guild Award of $ 77.8 thousand and from the American Federation of television and radio artists of $ 8.7 thousand. Trump has 14 loans, five of them for more than $ 50 million.
According to the Wall Street Journal, in total, the US President’s business for 2019 brought in $ 446 million, which is 2.6% more than in the previous year.