Trump’s revenues in 2018 exceeded 420 million dollars

In 2018, the income of the President of the United States Donald Trump has fallen in comparison with the previous year, write Bloomberg and CNN, citing the financial statement of the President, which was published by the Office of government ethics. The profit was not received, in particular, from the resort of Mar-o-Lago, where the personal estate of Trump is located.

The total income of the President of the United States publications is estimated differently because the document does not contain accurate figures. The amount of revenue is specified as a range of amounts. As a result, Bloomberg estimates the President’s income of at least $ 421 million, CNN — $ 434 million. Both publications note that this is less than in 2017 when the President received at least $ 450 million in income.

A general list of Trump’s assets has 551 positions. It includes real estate, stocks, companies. Thus, Trump’s resort in Mar-a-Lago in Florida received an income of 22.7 million dollars, which is slightly less than last year — about $ 25.1 million.

In January 2019, the US President said that his election to the presidency brought him great financial losses. “I lost a huge amount of money doing this job,” he said, adding that he didn’t need the money.

The NYT also notes that political factors could have had an impact on the financial performance of the billionaire and the White House owner. “Mr. Trump’s radical policies and increasingly violent clashes with Democrats have deprived him of some potential customers, especially in cities like Chicago, where there is a high level of support for Democrats,” the newspaper writes. The sons of Trump, managing his business Empire refused to expand some areas of business, including the opening of new hotels in the United States. The reason for this, they called the difficult political climate.

Author: Flyn Braun
Graduated from Cambridge University. Previously, he worked in various diferent news media. Currently, it is a columnist of the us news section in the Free News editors.
Function: Editor