Presumptive Republican presidential nominee Donald Trump has filed his personal financial disclosure which shows that the real estate tycoon’s net worth stands at over $10 billion.
“Trump’s income as reported in the personal financial disclosure (PFD) statement is in excess of $557 million (which does not include dividends, interest, capital gains, rents and royalties),” his campaign said in a statement on Tuesday.
“Trump’s net worth has increased since the last statement was filed in July of 2015. As of this date, Trump’s net worth is in excess of $10 billion,” it added.
This is his second filing before the Federal Election Commission (FEC).
The first one was filed soon after he announced to run for presidency.
“I filed my PFD, which I am proud to say is the largest in the history of the FEC. Despite the fact that I am allowed extensions, I have again filed my report, which is 104 pages, on time,” Trump said.
The GOP presumptive nominee lashed out at Bernie Sanders, the Democratic presidential candidate, for seeking an extension on his filing.
“Bernie Sanders has requested, on the other hand, an extension for his small report. This is the difference between a businessman and the all talk, no action politicians that have failed the American people for far too long,” he said.
“I have built an incredible company and have accumulated one of the greatest portfolios of real estate assets, many of which are considered to be among the finest and most iconic properties in the world. This is the kind of thinking the country needs,” Trump said.
The Donald Trump’s Campaign said the newly filed PFD shows a tremendous cash flow, and a revenue increase of approximately $190 million dollars (which does not include dividends, interest, capital gains, rents and royalties).
This income was utilized, among other things, for the funding of construction projects at various multi-million dollar developments, reduction of debt and the funding of the campaign, the statement said.
Source: ET Realty
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