Thursday, July 23, 2015

Donald Trump is already president – of 457 firms, campaign filings reveal

If the former reality TV star and billionaire landlord Donald Trump somehow becomes president of the United States, it would be his 458th presidency, according to the most detailed accounting of his still mysterious fortune.

Financial records made public on Wednesday by the Federal Election Commission – under rules for presidential candidates, among whom Trump has been leading in the polls – reveal a sprawling empire of casinos, golf courses, publishing royalties, model agencies and his long-withheld real estate holdings.

They also detail $265m in debts, and a total of $1.75m in speaking fees – among other ways Trump continues to make money off himself.

The funds described in the 92-page report do not easily amount to Trump’s self-alleged net worth of $10bn – or “TEN BILLION DOLLARS”, as his campaign claimed in a pre-emptive statement released last week. (Forbes estimates his fortune at less than half that figure, and without capital letters.) - Read More at Guardian

Donald Trump is already president – of 457 firms, campaign filings reveal

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