Tags: Trump Administration | Donald Trump | GOP2016 | Money | Donald Trump | Election 2016 | Trump Organization

Trump Organization's Revenue Explodes With Presidential Run

Trump Organization's Revenue Explodes With Presidential Run
(Getty Images)

By    |   Thursday, 19 May 2016 09:58 AM

Donald Trump's entry into the Republican race for president was a business bonanza for the real estate mogul, with a new federal financial filing providing a snapshot of the billionaire's sprawling operations — from real estate to golf courses, and licensing deals to management businesses.

Trump's disclosure form filed last July showed his holdings brought in revenue of $362 million in 2014 and the first half of 2015, the campaign said in a statement, the Washington Post reports.

The form released Wednesday — which the campaign said shows revenue spiking to $557 million — covers a shorter period of time, from July 2015 until Monday.

According to a Wall Street Journal analysis of the new form, Trump has earned less from other previous sources since announcing his White House bid last June — including income from public appearances, and his beauty pageant and menswear line.

And his ready cash appears to have declined, the Journal analysis shows reports, amounting to between about $61 million and $173 million in stocks, bonds, cash and other relatively liquid holdings, the Journal reports.

The impressive income gains, according to the Post, included those on his golf courses, branded merchandise, and book royalties.

Here's that breakdown:
  • Revenue nearly doubled at his Florida resort Mar-a-Lago, climbing from about $16 million in 2014 and the first half of 2015 to about $30 million since the start of his campaign, according to the forms.
  • Sales of his licensed bottled-water brand, Trump Ice, are up from $280,000 last year to $413,000 this year.
  • "Crippled America," his book published in November, made between $1 million and $5 million in royalties.
  • Revenue jumped from $12 million to $18 million at Trump National Golf Club in Jupiter, Fla., where in March the candidate used a victory speech to promote Trump Steaks and other products. And Trump National Doral, a four-course golf complex near Miami, saw revenue exploding from $50 million to $132 million.
The Journal reports licensing of his name to foreign companies was also a boom to income, with a Trump Hotels deal for a new ultraluxury resort in Indonesia bringing in $1 million to $5 million in royalty income.

On the flip side, however, the value of some other revenue streams dipped; here's that breakdown from the Journal:
  • Trump's stockholdings has declined, including in Apple shares, of which he held between $2.35 million and $7.75 million last July and now holds between $1.1 million and $2.25 million.
  • He had only four speaking engagements, which paid out a total of $800,000, and all of which took place before his announced candidacy. His previous form last July listed seven engagements for $1.75 million.
  • Trump's menswear line, dropped by Macy's after his controversial remarks about Mexicans, brought in $100,000 to $1 million in royalties. Last July's filing showed the line brought in $1 million to $5 million in royalties.
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Donald Trump's entry into the Republican race for president was a business bonanza for the real estate mogul, with a new federal financial filing providing a snapshot of the billionaire's sprawling operations — from real estate to golf courses, and licensing deals to management businesses.
Donald Trump, Election 2016, Trump Organization, Revenue
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2016-58-19
Thursday, 19 May 2016 09:58 AM
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