This Article is From Jul 23, 2015

Donald Trump Discloses $265 Million in Debt and $110,000 Actor's Pension

Donald Trump Discloses $265 Million in Debt and $110,000 Actor's Pension

File photo of Donald Trump. (AFP)

Donald J. Trump earns about $250,000 per speech. He holds at least $265 million in debt. He receives income of $110,000 from a pension with the Screen Actors Guild. And he has assets of at least $1.4 billion.

Those details are revealed in Trump's financial disclosure form, filed with the Federal Election Commission last week and released on Wednesday.

Like Trump's favorite adjective, "huge," his disclosure form is mammoth, clocking in at an astonishing 92 pages, far longer than from anyone else in the 2016 presidential field. It shows that Trump holds executive-level positions or financial stakes with 515 entities from New York to Dubai to Brazil.

When he filed the disclosure, he said in a news release that his wealth was more than "TEN BILLION DOLLARS," using the capital letters. It was not immediately clear whether the document would corroborate that figure.

Trump's net worth is a source of consternation: In a legal deposition, he once declared that it can fluctuate with his feelings.
His filing contains ranges of values that make it hard to calculate his net worth with precision. A recurring category of assets: those worth "over $50 million."

The document contains new insights into the reach and value of the Trump name, which he and his family have long deployed in licensing agreements for everything from ties to golf courses.

The documents show, for example, that Trump's wife, Melania, earns at least $105,000 from brands that license her name, including a line of skin care and accessories.

Donald Trump earned at least $9.5 million in royalties from merely licensing his name, allowing luxury hotels and residential towers in Panama, Istanbul and Washington to bear the Trump brand. But some of those royalties also came from putting the Trump stamp on various products, such as a Trump-branded vodka and energy drink sold in Israel and the Palestinian territories, a line of home lighting fixtures, a line of mattresses and even coffee.

He earned at least $1 million from menswear sold under his name, but some of those deals are being abruptly discontinued as various companies move to distance themselves from him after his comments about Mexican immigrants. For instance, the clothing conglomerate Phillips-Van Heusen recently said it was winding down a licensing agreement it had to produce the Donald J. Trump Signature Collection dress shirt and neckwear that was sold at Macy's.

Trump lists investments in a wide range of stocks, some of them blue chip companies, some of them newer technology firms. They include Halliburton, the energy company; Altria, the cigarette-maker; Whole Foods, the grocery chain; and Bristol-Myers, the pharmaceutical company.

 
© 2015, The New York Times News Service
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