Skip to main contentSkip to navigationSkip to navigation
Donald Trump with The Art of the Deal
The Art Of The Deal which Trump has called his second favorite book after the Bible – netted him between $50,000 and $100,000 last year. Photograph: Mary Schwalm/AP
The Art Of The Deal which Trump has called his second favorite book after the Bible – netted him between $50,000 and $100,000 last year. Photograph: Mary Schwalm/AP

Trump financial declaration reveals he holds bonds in companies he attacked

This article is more than 7 years old

Despite tirades against Oreo cookies and Carrier Air Conditioning on campaign trail, Trump owns bonds in companies that own them both

The 104-page financial disclosure that Donald Trump filed with the Federal Election Commission (FEC) on Tuesday offered a rare window into the presumptive Republican nominee’s financial holdings – including bonds in companies he has attacked on the campaign trail.

Trump has steadfastly refused to release any of his tax returns, claiming that he is undergoing an IRS audit. Doing so is voluntary, although every presidential nominee has since 1976. In contrast, the FEC’s financial disclosure is required by law.

Trump heralded his disclosure – which covers the last 17 months – by stating that his income was $557m, his business revenues had increased by $190m and that “Mr Trump’s net worth is in excess of $10 billion dollars.”

The form, however, does not provide many specific details on Trump’s income and liabilities. Instead, they are put in a variety of categories ranging from a 2015 loan for more than $50m to less than $201 in income from his 2007 book Think Big and Kick Ass.

But the filing demonstrates a number of interesting investments by Trump. Despite his frequent tirades against Oreo cookies for moving some production to Mexico and his pledge to boycott the popular cookie, Trump earned between $5,000 and $15,000 in interest on bonds in Mondelez, the holding company which owns Oreo. Trump also earned between $2,500 and $5,000 in interest in bonds in United Technologies Corporation, the owner of Carrier Air Conditioning. On the campaign trail in Indiana, Trump repeatedly attacked Carrier for moving manufacturing jobs overseas and out of the state.

Trump also made significant sums of money from the 16 books he has authored. His newest tome, Crippled America, earned the presumptive nominee between $1m and $5m, while The Art Of The Deal which Trump has called his second favorite book after the Bible – netted him between $50,000 and $100,000.

The real estate mogul also reported that he made $49.3m from selling his share of the Miss Universe pageant as well as earning nearly $30m from his ownership of the Mar A Lago resort in Palm Beach.

Trump also had to list all 564 positions he holds outside the United States government, all linked to being President of Trump ICE LLC and president, director and chairman of Trump World Productions.

Comments (…)

Sign in or create your Guardian account to join the discussion

Most viewed

Most viewed