Donald Trump Releases Personal Finances Form: He's Worth $10B!
May 17 2016, Updated 11:48 p.m. ET
Republican presidential candidate Donald Trump has released his Personal Financial Disclosure forms to the Federal Election Commission today, and the presumptive nominee confirmed that his personal net worth is "in excess of $10 billion dollars."
"I filed my PFD, which I am proud to say is the largest in the history of the FEC," Trump said in a statement on Tuesday. "Despite the fact that I am allowed extensions, I have again filed my report, which is 104 pages, on time."
"Bernie Sanders has requested, on the other hand, an extension for his small report," Trump said about the liberal Vermont senator who is trying to beat beleaguered Hillary Clinton to become the nominee for the Democratic Party.
"This is the difference between a businessman and the all talk, no action politicians that have failed the American people for far too long," Trump stated.
"I have built an incredible company and have accumulated one of the greatest portfolios of real estate assets, many of which are considered to be among the finest and most iconic properties in the world. This is the kind of thinking the country needs," he said.
Trump's vast wealth was detailed in the report.
"The newly filed PFD shows a tremendous cash flow, and a revenue increase of approximately $190 million dollars (which does not include dividends, interest, capital gains, rents and royalties)," he explained. "This income was utilized, among other things, for the funding of construction projects at various multi-million dollar developments, reduction of debt and the funding of the campaign."
According to the statement, his net worth "is in excess of $557 million (which does not include dividends, interest, capital gains, rents and royalties)."
Trump also revealed his "net worth has increased since the last statement was filed in July of 2015," and is now more than $10 billion.
Trump has captured the nation's attention with his unconventional run for President and he has said that he is funding the campaign himself, by way of his tremendous assets.
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