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Tipsheet

Trump’s Financial Disclosures Shows He Brings In Millions From His Rallies and NFTs

AP Photo/Nathan Howard

Former President Trump filed his financial records with the Federal Election Commission, showing his wealth boosted following his time in office in 2020. 

The 101-page filing shows that Trump has brought in millions just from selling his digital trading cards, NFTs, and public speaking events. 

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The report reveals that the 45th president boosted his income of more than $5 million from speaking engagements and earnings between $100,001 and $1 million from CIC Digital, the company behind his NFTs which feature digital images of Trump. 

Additionally, the documents show that his business empire accumulated at least $282 million through 2021 and some of 2022 and is currently valued at a minimum of $1.2 billion.

The filings cite hundreds of assets belonging to Trump, including his Mar-a-Lago club, where he generates over $5 million in resort-related revenue. The club brought in more than $24 million in the final year of his presidency,

His social media platform, Truth Social, run by the Trump Media & Technology Group Corp., is valued between $5 million and $25 million. Trump has reported earning less than $201 in income from the group in which he is the board of directors chairman. The value is lower than the initial $9 billion valuation for the company when it announced a merger in October 2021 with a Digital World Acquisition Company.

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The disclosure also lists Trump’s 1987 memoir “The Art of the Deal,” which brought in between $100,000 and $1 million. However, his other 15 books did not cost more than $201. 

According to Bloomberg News, Trump’s business holdings are about $1.2 billion. 

Every incoming 2024 presidential candidate is required to file the financial disclosures within 30 days of announcing their candidacy, but only after seeking and securing two 45-day extensions.

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