May 16, 2019 - Politics & Policy

Trump made at least $434 million from his business in 2018

President Trump reported making at least $434 million in gross income from his properties and business in the second full year of his presidency, according to his 2018 financial disclosure form released by the Office of Government Ethics.

Quick take: Gross income at Trump's D.C. golf club was up $500,000 to about $13.3 million, while his D.C. hotel made about $40.8 million. Trump National Doral Miami resort, the flagship property and biggest moneymaker for the Trump Organization, made $75 million — down from almost $116 million in 2016. Mar-a-lago brought in $22 million, down from $37 million two years ago. Trump also took out a loan from Professional Bank of between $5 million and $25 million to finance a mansion property next door to Mar-a-lago, which was reportedly purchased by his sons Eric and Donald Trump Jr.

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Axios
Updated 3 mins ago - Politics & Policy

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Illustration: Sarah Grillo/Axios

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