National

Trump's Washington hotel saw almost $20 million in revenue

Trump's Washington hotel saw almost $20 million in revenue”

After refusing to release his tax returns, the Office of Government Ethics published a 98-page report disclosing US President Donald Trump's business revenues from 2016 up until the past few months.

He had roughly US$20 million in income from his new marquee Washington hotel, which opened just down the street from the White House last September. His revenue also grew from Mar-a-Lagos, the resort in Florida, which he calls the "Winter White House".

The disclosure report shows Mr Trump and his related business entities reported revenue of at least $US597 million, down about 3% from the $US615 million in the period a year before.

The new details were in a financial disclosure that Trump voluntarily submitted Friday to the Office of Government Ethics.

For example, Trump disclosed debts to Deutsche exceeding $50m for the Old Post Office, an historic Washington, DC, property in which he has opened a hotel.

Trump reported liabilities of at least $110 million to Ladder Capital Corp, a commercial real estate lender with offices in New York, Los Angeles and Boca Raton, Florida. Trump listed the resort's income as about $37 million, up from about $30 million it had taken in prior to his May 2016 financial report.

The document showed Mr Trump held officer positions in 565 corporations or other entities before becoming US president.

His incomes from many other hotels remained unchanged.

Читайте также: Schiff says firing Mueller would echo Watergate

Latest disclosure puts his wealth at $1.4 billion and personal liabilities of at least $315.6 million to German, U.S. and other lenders as of mid-2017.

Revenue from television shows like "The Apprentice" fell to US$1.1 million, down from US$6 million a year earlier.

Revenues for Mr Trump's private jet, aka TAG Air, more than doubled to $7.7 million.

His assets probably exceeded US$1.4 billion because the disclosure form provided ranges of values.

The report also showed that Mr Trump earned more on royalties for his book Art of the Deal since becoming President. Most of these companies are based in the United States, while some in Scotland, Ireland, Canada, Brazil, Bermuda and others.

When he took office in January, Trump turned over the reins of his global real estate, property management and marketing empire to his two adult sons and a senior executive.

Disclosure document nowhere almost as detailed as the tax records that U.S. president has refused to publish so far.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2017 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог



Like this

Latest


22 Июня 2017
Loan waiver will give farmers' relief: Karnataka Minister
Congress attacked the government and said that it is not serious about resolving the hardships of farmers. Karnataka has joined the list of the states that have announced loan waiver for farmers in recent times.

21 Июня 2017
There's a Reason Gal Gadot Only Got Paid $300000 for 'Wonder Woman'
This week, accusations surfaced that Warner Bros . wasn't paying Gal Gadot as much as her male superhero-movie counterparts. The Daily Dot noted that Gadot has publicly said that she earned $300,000 for her role in Wonder Woman .

21 Июня 2017
Germany: no punishment for UK, but EU exit good for no one
EU leaders want May to lay off threats that she would walk out and leave a chaotic legal limbo for all Europeans. Davis and Barnier will hold a press conference later on Monday.

21 Июня 2017
Uber CEO Travis Kalanick Takes Leave Of Absence Amid Company's Turmoil
This could be achieved, in part, by restructuring the board to include additional independent board seats, the report suggests. Uber also released the recommendations of a months-long investigation led by the law firm of former U.S.

20 Июня 2017
Reporter rips "bizarre" White House briefings
For four days last week, representatives for President Trump skipped the usual on-camera briefing to take questions off-camera. He called the situation "bizarre", and said , "I don't know why everyone is going along tight this".

20 Июня 2017
@SenatorWicker Votes to Strengthen Sanctions Against Iran, Russia
Senate has approved an amendment to expand sanctions against Russian Federation . The lone dissenters on the bill were Sens. As for those opposed to the measure, Sen.

18 Июня 2017
Britain-EU Brexit talks to start Monday as planned
The EU's executive Commission said in a statement Friday that the first round of negotiations in Brussels will be part of a "sequenced approach to the talks".

18 Июня 2017
Qatar signs $17b deal for USA jets amid Gulf crisis
British foreign secretary Boris Johnson urged Gulf states including Saudi Arabia to ease their blockade of Qatar on Monday. Turkish Foreign Minister Mevlut Cavusoglu is due to visit Saudi Arabia on Friday in an attempt to help solve the crisis.

17 Июня 2017
OR 1st to allow non-binary gender option on IDs
If you wish to make a change on your card more than a year before your renewal date, you must pay a replacement fee. Gibbons, 26, uses gender-neutral and they/them pronouns.

17 Июня 2017
Rosenstein Says He Wouldn't Fire Special Counsel Mueller Without Good Cause
Session will also testify before the House later Tuesday, scheduled to discuss the department budget. She said that she knows Ruddy well, and she expects that he will clarify his comments later today.



Recommended