Donald Trump Reports He’s Getting Rich as President

By Matt Ford

President Trump says he’s received tens of millions of dollars in income from the golf courses and resorts whose profile he boosted during frequent visits since taking office, according to filings released Friday by the U.S. Office of Government Ethics.

The 98 pages of financial disclosures offer a partial snapshot of Trump’s income and assets from January 2016 to April this year, as well as indications he’s reaped at least a partial windfall since his most recent filing with the Federal Election Commission last year. The filings offer less detailed information about his precise financial situation than would be obtained from his tax returns. Trump broke with modern precedents by refusing to release those returns on the campaign trail or during his presidency.

Properties that Trump frequently visited as president saw the largest boost in income. Trump claimed more than $37 million in income from Mar-a-Lago, the Palm Beach County resort in Florida he described as his “Winter White House,” as well as $20 million in income from the nearby golf club he owns in Jupiter, Florida. His claimed Mar-a-Lago income rose rapidly since his last two financial disclosures with the FEC: Trump reported more than $15 million in income from the resort in the 2015 report, followed by $29 million in the 2016 version.

Golfing and vacationing are bipartisan presidential traditions, as are the partisan critiques of the presidents who partake in them. But Trump has taken his leisure time to new levels both in volume and location. A May 5 analysis by The Washington Post found that Trump visited at least one of the properties he owned in 36 of his first 108 days in office, or one-third of his presidency to that time. The trips include almost weekly visits to Mar-a-Lago and his Florida properties, where he mingles …read more

Via:: The Atlantic

      

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