Trump's revenues in 2018 exceeded $ 420 million :: Society :: RBC

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Trump's revenues in 2018 exceeded $ 420 million

In 2018, Donald Trump, according to some estimates, earned from $ 420 million to $ 479 million.

Photo: Leah Millis / Reuters

In 2018, US President Donald Trump's revenue declined compared to the previous year, write Bloomberg and CNN, citing the financial statement of the head of state, which was published by the Office of Governmental Ethics. The profit was underpaid, in particular, from the town of Mar-o-Lago, where Trump's private property is located.

The total amount of revenue of the editions of the President of the United States is estimated differently, because the document does not contain exact figures. The amount of income is specified as a range of amounts. As a result, Bloomberg estimates the president's revenue at no less than $ 421 million, CNN – $ 434 million. Both publications say this is lower than in 2017, when the president received at least $ 450 million in revenue.

The total list of Trump's activities includes 551 positions. This includes real estate, valuable shares, companies. Thus, the Trump resort at Mar-a-Lago in Florida received an income of $ 22.7 million, which is slightly lower than last year – about $ 25.1 million.

In January 2019, the president of the United States declared that his election as president had caused him great financial losses. "I lost a lot of money doing this," he said, adding that he didn't need money.

NYT also notes that political factors could affect the financial performance of the billionaire and the White House owner. "The radical policies of Mr. Trump and the increasingly violent clashes with the Democrats have deprived him of some potential customers, especially in cities like Chicago, where the Democrats have a high level of support," writes the newspaper. Trump's sons, who run his business empire, have refused to expand some areas of activity, including opening new hotels in the United States. The reason for this is that they have defined a complex political climate.

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