Former President Donald Trump filed his personal financial disclosure, offering the first glimpse into his earnings since leaving the White House. Trump reported making more than $5 million from speaking engagements, and earning between $100,001 and $1 million from CIC Digital, a company that has sold digital images of him via non-fungible tokens (NFTs). He also reported more than $5 million in royalties from a firm listed as DT Marks Oman LLC, which is one of the former president’s overseas business ventures. The former president reported that Trump Media & Technology Group Corp., which is tied to the social media platform Truth Social, is valued between $5,000,001 and $25 million, though Trump reported making less than $201 from the company. The Associated Press has the story:
Trump files little income from Truth, NFTs $1M
Newslooks- NEW YORK (AP)
Former President Donald Trump says he’s not making much money from his social media network but estimates it is worth between $5 million and $25 million, according to his personal financial disclosure form filed Friday.
He owns about 90% of his social media company, Trump Media & Technology Group, but said he made less than $201 from it.
He also reported he made between $100,000 and $1 million for a series of digital trading cards he released in December that portrayed a photoshopped Trump in a series of cartoon-like images, including an astronaut, a cowboy and a superhero.
The report filed with the Federal Election Commission is the first glimpse into Trump‘s finances since he left the White House and launched several new business ventures.
The real estate mogul and reality TV star launched the platform Truth Social in 2022, a year after he was banned from Twitter, Facebook and YouTube following the Jan. 6, 2021, insurrection at the U.S. Capitol.
Although Trump has since been allowed back on those social media networks, he has relied on Truth Social as a primary method of sharing messages with his supporters, especially as he has launched his 2024 presidential campaign.
The disclosure provides limited information because it only reports income in broad ranges. That makes it difficult to tell how many of Trump’s biggest properties and businesses are faring since his departure from office because the disclosures he was required to file when he was president included specific income figures instead of ranges.
In the latest disclosure, for instance, Trump reports his Washington, D.C., golf club took in more than $5 million. In 2020, he had put a finer point on it: $14.2 million.
CIC Digital LLC, the company that owned the digital trading card NFTs, or non-fungible tokens, was valued at somewhere between $500,000 and $1 million, according to the report.
Trump also reported he made more than $5 million in speaking fees.
All federal candidates are required to file the disclosures after announcing their candidacies. Trump, a Republican, had been granted an extension and risked a fine if he delayed further.
