Business

Details of Donald Trump's wealth released, but figures still vague

U.S. federal regulators have made public details about Donald Trump's wealth and financial holdings.

Republican presidential candidate claimed he was worth $10B US

The U.S. Federal Election Commission has released the financial disclosure of Republican presidential hopeful Donald Trump. (Stephen B. Morton/The Associated Press)

Federal election regulators released new details Wednesday about Republican presidential candidate and celebrity businessman Donald Trump's wealth and financial holdings, weeks after he estimated his net worth at roughly $10 billion US ($13 billion Canadian).

Trump, widely believed to be the wealthiest person ever to run for president, holds leadership positions in more than 500 business entities, according to his 92-page personal financial disclosure, a report required of all presidential candidates.

While the documents don't prove or disprove Trump's top-line estimates, even a conservative reading of his annual income — well over $250 million US — shows he is more than equipped to personally finance a high-dollar presidential bid. So far, he has lent his campaign $1.8 million US and boasted, "I'm not using donors."

The report shows his assets to be worth well above $1.4 billion US, including at least $70 million US in stocks. Trump carries debt of at least $240 million US.

Trump's exact wealth still unknown

It's impossible to tell from the documents exactly how much Trump is worth because the figures are detailed in broad ranges, with the top category being "more than $50 million." Trump has complained that the forms aren't adequate to reflect his wealth. The form shows that real estate holdings form the core of his assets and provide much of his income, with a wide array of branding and marketing deals providing tens of millions more. The deals include more than $1 million US from licensing Trump's name in Turkey, at least $1 million US in men's wear licensing royalties and $5 million US from a developer in Panama.

Trump is not above pursuing smaller business opportunities, such as an Israeli beverage endorsement contract worth between $50,000 and $100,000 US, and $50,000 US speaking engagements.

The form also gives a sense of the potential financial toll of Trump's controversial comments on immigration. In June, he characterized illegal immigrants from Mexico as "criminals" and "rapists" prompted television networks and some retailers to cut ties with him.

Trump recently claimed he received $214 million US in income from NBC for his "Apprentice" and "Celebrity Apprentice" television programs over the past 14 years. While the new disclosure does not provide a similar figure, it shows that Trump's entertainment production firm, "Trump Productions LLC," has brought in more than $4 million US in revenue. The firm is Trump's New York production arm for both his "The Apprentice" and "Celebrity Apprentice" programs as well as the Miss USA and Miss Universe pageants.

Trump also listed two entities involved with his role in televised beauty pageants, Miss Universe and Miss USA. NBC recently dropped its televised broadcasts of both pageants after Trump made inflammatory comments about Mexican immigrants. Trump had already previously agreed to no longer appear in his "Apprentice" shows because he was running for president.

Trump's self-described net worth would far surpass previous magnates like Ross Perot, business heirs like Steve Forbes or private-equity investors like Mitt Romney, the 2012 GOP nominee.

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