Politics

New Trump Financial Disclosures Show Millions In Increased Income From Mar-A-Lago

The Office of Government Ethics released the 98-page financial disclosure from the president late Friday afternoon.

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President Donald Trump reported earning $7.5 million more in income from Mar-a-Lago — his exclusive private club in West Palm Beach — this year than he reported in 2016, according to newly filed personal financial disclosures.

Trump, who spent several weekends at Mar-a-Lago and refers to it as the "Winter White House," reported on Friday earning $37.2 million in income related to the club compared to the $29.7 million he previously reported. The information released on Friday is as of April 15.

Mar-a-Lago doubled its initiation fee for members to $200,000 after Trump was elected.

Other properties he has frequented since becoming president — his golf clubs in New Jersey and Virginia — earned nearly the same income.

But the president also substantially increased his royalty earnings from his book Art Of The Deal. He reported earning between $50,000 and $100,000 in 2016 and is now reporting an income of between $100,000 and $1 million.

Trump also earned $19.7 million in income from his newly opened Trump International Hotel, which is located blocks away from the White House in Washington's Old Post Office building.

In a statement Friday evening, the White House said: "President Trump welcomed the opportunity to voluntarily file his personal financial disclosure form; while this filing is voluntary (as no report was due until May 2018), it has been certified by the Office of Government Ethics pursuant to its normal procedures."

Read Trump's financial disclosure here:


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Tarini Parti is a Capitol Hill reporter for BuzzFeed News and is based in Washington, DC.

Contact Tarini Parti at tarini.parti@buzzfeed.com.

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