Donald Trump's financial report reveals ex-POTUS raked in six figures from Bible endorsement
PALM BEACH, FLORIDA: Donald Trump's most recent financial report, released on Thursday, August 15, presents an intricate financial situation, juggling significant debts with multiple sources of income.
The former president is dealing with over $100 million in liabilities from three legal cases he lost in New York, which include a $50 million bond for a civil fraud case and an $83.3 million judgment in the E Jean Carroll defamation case.
Nevertheless, the 78-year-old MAGA strongman has reported substantial earnings from various sources, including the books he published after leaving the White House.
What does Donald Trump's latest financial report reveal about his earnings?
The books that Donald Trump published after leaving office seem to have been quite profitable, with 'Letters to Trump' bringing in $4.5 million, 'A MAGA Journey' earning $505,763, and a Trump-endorsed Bible generating $300,000 in royalties, according to AlterNet.
The 2024 Republican presidential nominee also profits from licensing fees at Trump-branded properties in Dubai and Oman.
His involvement in cryptocurrency and NFTs is noteworthy as he owns over $1 million in crypto and received $7.15 million from an NFT licensing agreement. Moreover, his wife, Melania Trump, earned $330,609 from NFT sales and $237,500 for speaking at a Log Cabin Republicans event.
The latest financial disclosure also provides details on the ex-POTUS' ownership in Trump Media and Technology Group, the parent company of Truth Social. He holds nearly 65% of the company, with 114 million shares of common stock subject to a lockup period
Trump's resorts continue to be a significant source of his revenue. Mar-a-Lago reported $56.9 million in resort-related revenue, up from $52.3 million the previous year. Trump National Doral in Miami raked in $160.1 million in revenue.
Other sources of income include a Screen Actors Guild pension worth $90,776 and ongoing royalties from 'The Art of the Deal'.
Trump also generated $16.7 million in distributions from his investments in two office buildings managed by Vornado Realty Trust.
Although the financial report offers a comprehensive overview of Trump's finances, it does not present a complete picture of his net worth or the profitability of his businesses. The document often uses wide ranges for asset values and does not clearly define terms like "income" for some businesses.
Internet blasts Donald Trump as latest financial disclosure shows huge gains from a Bible
Netizens were quick to share their opinions on the Trump-endorsed Bible raking in thousands of dollars in royalties for the former president.
One commented, "It is ironic that some people willingly bought copies of the Bible based on the one which he held in his hand when promoting it on TV. Apparently, by the same hand he used to grab women's reproductive organs for carnal pleasure. And boasted about it. Therein lies the true values of a salesman."
Another stated, "This is the ultimate irony of the Christian National movement. 1/3 of a million dollars spent buying bibles from someone whose only answer to anything confrontational is hate and anger."
"What a farce! From the same man who has broken at least 9 of the 10 commandments and only appeared in a church for photo ops. Absurd!" remarked a person, with someone else writing, "So the antichrist/conman is endorsing the bible. how hypocritical of him!"
One more claimed, "And still the sheeple send him money, buy his schlocky crap merchandise, and think he's their savior. To me that indicates that someone has to be pretty damn stupid to believe the orange turd in the first place."
"He's nothing more than a charlatan," declared an individual. Another person said, "I went to 12 years of catholic school and find Trump making money of the bible pretty gross actually."
This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.
