Trump Quietly Ignores Filing “Deadline”

After initially missing the deadline to do so, former President Donald Trump filed the personal financial disclosure report on Friday with the Federal Election Commission.

It’s the first look that the public will get at Trump’s personal finances since he left the White House two years ago. That being said, the reports only give a very broad picture of his financial situation, as political candidates only have to report liabilities and assets in wide ranges to the FEC.

By filing the disclosures on Friday, Trump doesn’t have to pay the $200 late fee that he was originally assessed for missing the first deadline. This is the first financial disclosure that he’s required to submit as part of his candidacy for president in 2024.

CNN reported that the disclosure was 101 pages in total, and covers aspects of his financial life that weren’t in existence when he was president, including proceeds he made from selling his digital trading cards as non-fungible tokens (NFTs) as well as how well Truth Social, his social media venture, is doing.

In the disclosure, the former president reported that he earned income that fell between $100,001 and $1 million just from the NFTs. He added that the umbrella company that owns Truth Social, Trump Media & Technology Group Corp., is valued somewhere from $5,000,001 to $25 million.

At the same time, Trump reported that he received little to no income from that one particular asset. He owns 90% of that company.

Some other interesting tidbits from the disclosure are $5 million in royalties he reported from a company he lists as DT Marks Oman LLC. Last November, The New York Times reported that Trump and a real estate company in Saudi Arabia came to an agreement where he’d build a Trump hotel in the country of Oman, as well as a golf course and villa. The project is estimated to be worth $4 billion.

A spokesman for the Trump campaign didn’t respond to questions that CNN posed to him about the financial disclosures.

In the report, Trump lists 16 different books as income-generating assets. The one that is the highest is the memoir he wrote in 1987 that gives business advice called “The Art of the Deal.” 

That book netted him royalties that fell in the range of $100,000 to $1 million, the disclosure said. Many of his books that were listed drew in less than $201 in royalties.

Included in the disclosures were some of the finances for Trump’s wife, former First Lady Melania Trump. The majority of her income came from royalties she received from MKT World Inc. She listed that income to be between $1 million and $5 million.

She also had rental income as part of a deal she has in Slovenia. That reportedly brought her anywhere from $1,000 and $15,000 in income.

The disclosure also said that Trump paid off six different mortgages and took on two additional mortgages on properties he already owned.