Washington – 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.
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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.
Donald Trump's Financial Disclosures by CNBCDigital
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 — shows he is more than equipped to personally finance a high-dollar presidential bid. So far, he has lent his campaign $1.8 million and boasted, “I’m not using donors.”
The report shows his assets to be worth well above $1.4 billion, including at least $70 million in stocks. Trump carries debt of at least $240 million.
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 forms released by federal regulators build on documents the candidate put out several weeks ago.
Trump’s presidential campaign has affected his bottom line beyond just what he’s putting up to finance his run.
His characterization of illegal immigrants from Mexico as “criminals” and “rapists” prompted beauty pageants and television networks to cut ties with him. He’s no longer with NBC, where his show “The Apprentice” had generated $214 million for him over its 14 seasons. He said his TV production company brought in at least $4 million in recent revenue.
NBC dropped the Miss Universe and Miss USA pageants, both owned by Trump, over his comments. His report says he earned $3.4 million recently from Miss Universe, which he said was worth between $5 million and $25 million.
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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