Trump measures his worth in billions
Print Edition
DONALD Trump says he is worth “in excess of US$10 billion” — more than twice the level of independent estimates.
The real estate tycoon said on Tuesday he filed his personal financial disclosure form with the Federal Election Commission, a step every White House hopeful must take to qualify as a candidate.
The commission has yet to release the document but is expected to do so within 30 days.
“I filed my PFD, which I am proud to say is the largest in the history of the FEC,” Trump 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.”
Bill and Hillary Clinton, meanwhile, also released financial statements, disclosing that they raked in a combined US$6.75 million in paid speeches.
Clinton, the likely Democratic presidential nominee, has been roundly criticized over payments for speeches to banks and investment firms since leaving the State Department. Her opponent, Bernie Sanders, has called on Clinton to release transcripts of her speeches, suggesting the texts would reveal cozy ties with American corporations — a political liability for a Democratic standard bearer.
According to campaign documents cited by ABC News, Clinton last year gave six paid speeches for a total income of US$1.475 million.
Her biggest payday was for a March 3, 2015 speech to eBay, which earned her US$315,000.
Clinton has not given any paid speeches since announcing her presidential campaign in April last year.
The Trump campaign, meanwhile, said his revenues increased by some US$190 million, and that the billionaire’s income stands in excess of US$557 million, excluding dividends, interest, capital gains, rents and royalties.
In July, a month after he launched his presidential bid, Trump’s disclosure said he held positions with more than 500 companies and organizations, and had 168 different assets and sources of income.
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