Business

Trump financial disclosure reveals revenue dips at Mar-a-Lago, mixed results at other businesses


He says he's created "maybe the best economy we've had in the history of our country ," but the Trump presidency has been taking a modest economic toll on his businesses, according to annual financial disclosure forms released Thursday.


Financial disclosure forms made public by the Office of Government Ethics show overall income from Trump's businesses in 2018 was roughly in line with the revenue he raked in in 2017 — but some of them took some big hits.


While Trump has refused to publicly release his tax returns as other presidents have voluntarily done for decades, he is legally required to file a financial disclosure form with the OGE annually.


The Mar-a-Lago club in Palm Beach, Florida, on April 21, 2019.Al Drago / Reuters fileWhile the Washington Post, citing documents obtained from Freedom of Information Act, reported earlier this week that business at Trump's Doral resort in Florida was in a steep decline, the disclosure forms show the resort still pulled in $75 million in 2018, about $1 million more in revenue than the year before.


The documents also show Trump's bestseller "The Art of the Deal" is continuing to make money — he made between $100,000 and $1 million in royalties from it in 2018.


A key part of the report released last year was a footnote listing a reimbursement of as much as $250,000 to Trump’s former personal lawyer Michael Cohen.






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