Trump financial disclosure reveals how the former president is profiting
Asher Notheis
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Former President Donald Trump‘s financial disclosure has been released to the public, showing how much money he has made from his recent endeavors, including Truth Social and his non-fungible tokens.
The financial disclosure, which was filed as a requirement for candidates running for federal office, was filed after Trump received two 45-day extensions, with the former president risking a $200 fine if he further delayed the filing. The filing revealed that Trump’s NFT series, initially mocked upon its reveal, was actually quite profitable for Trump, earning him somewhere between $100,000 and $1 million, according to Business Insider.
The Trump NFT cards, showing the former president dressed in different attire, such as a cowboy costume, an astronaut suit, and a sports coach, were originally priced at $99 each. However, despite the high asking price, the collection sold out within hours of release, with digital currency website CoinDesk reporting at the time the collection brought in over $1 million.
https://twitter.com/joeygarrison/status/1603782124758339585?s=20 https://twitter.com/CoinDesk/status/1647152765419028481?s=20
Trump’s launch of a social media website, Truth Social, was nowhere near as lucrative as his NFT collection, the filing revealed, as Trump Media & Technology Group, the company behind Truth Social, has made less than $201, according to the filing. Truth Social, where the former president issues public statements, was created after he was banned from sites including Facebook, YouTube, Instagram, and Twitter.
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It was also revealed that the former president has made more than $5 million in speaking fees and somewhere between $100,000 and $1 million for his 1987 book The Art of the Deal. The filing did not provide specifics, as it only requires him to report information in broad ranges.
The filing comes as Trump is seeking public office again, running for the Republican candidacy in the 2024 presidential election. President Joe Biden told the press during the annual White House Easter egg roll that he plans on running for reelection but added, “We’re just not prepared to announce it yet.”