Presumptive Republican presidential nominee Donald Trump has filed his personal financial disclosure which shows that the real estate tycoon’s net worth stands at over Dollars 10 billion.
Advertisement
According to Trump, the report boasting 105 pages was filed earlier this week, thanks to the fact that he is “allowed extensions”, and that it is “the largest in the history of the Federal Election Commission”.
The filing comes as Trump, the presumptive GOP nominee, has been under pressure to release his tax returns and has said he will not release them until an audit is complete.
“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”, Trump continued in his statement.
The Trump campaign said his net worth has increased since his last PFD was filed last July and is now “in excess of $10 billion”. “This is the kind of thinking the country needs”, Trump said.
Trump filed the same document last July, surprising many critics by taking the final step in becoming an official candidate for president.
Trump has been under fire for declining to release his tax returns, which would offer much more specific documentation of his income and tax payments than the FEC form.
The form will be publicly available after an initial review by the government. His campaign said the disclosure form shows “tremendous cash flow”.
When he filed his first financial disclosure after declaring his candidacy for the Republican presidential nomination, his campaign said Trump’s personal fortune was so “massive” that it couldn’t be properly detailed on the FEC forms.
Advertisement
Trump’s income, which totals in excess of $557 million according to the statement, has been used for funding construction projects as well as his 2016 presidential campaign. The FEC granted Sanders’ request for an extension last month.
