Trumpeting Trump, Donald Trump Is The ‘Real Deal’ He Is In It To Win It
$BA, $BAC, $CMCSA, $FB, $DHI, $KO, $OXI, $PEP
GOP presidential candidate Donald Trump’s income last year was $362-M, giving him a total net worth of more than $10-B, according to financial disclosure forms filed with the Federal Election Commission(FEC)
The statement was filed Tuesday afternoon, the billionaire developer’s campaign said Wednesday.
It discloses nearly $213-M Trump received from NBCUniversal, a unit of Comcast Corp (NASDAQ:CMCSA) during 14 yrs of hosting “The Apprentice.”
Mr. Trump also earned $22.3-M from investments, in mutual and hedge funds.
His net worth was higher than the $8.7-B disclosed in the FEC statement filed when he announced his candidacy in June. That statement was more than a year old, his campaign said.
The $10-B figure makes Donald Trump the wealthiest man or woman ever to run for President, far surpassing Ross Perot, Steve Forbes or Mitt Romney, the Y 2012 GOP nominee.
“First, people said I would never run, and I did,” Mr. Trump said in announcing the filing. “Then, they said I would never file my statement of candidacy with the FEC, and I did.
“Next, they said I would never file my personal financial disclosure forms,” Mr. Trump added. “I filed them early despite the fact that I am allowed two 45-day extensions.
“I look forward to the challenge of winning the presidency and doing a fantastic job for our country. I will make the United States rich and strong and respected again, but also a country with a ‘big heart’ toward the care of our people,” he said.
Overall, Mr. Trump’s net worth increased because of rising real estate values in “New York City, San Francisco, Miami and many other places where he owns property have gone up considerably during this period of time,” according to the announcement.
“His debt is a very small percentage of value, and at very low interest rates.”
The $362-M Mr. Trump earned last year excludes “dividends, interest, capital gains, rents and royalties.”
Regarding his stock sales
Mr. Trump made $6.7-M on selling 710,000 shares of Bank of America (NYSE:BAC), nearly $4-M on 65,000 shares of Boeing (NYSE:BA), about $3.9-M on 100,000 shares of Facebook (NASDAQ:FB), $2.2-M on 110,000 shares of Best Buy, and $581,000 on 38,000 shares of Yahoo (NASDAQ:YHOO).
But Mr. Trump lost money on some stocks: $204,000 on 38,000 shares of the homebuilder D.R. Horton (NYSE:DHI), more than $121,000 on 21,000 shares of Occidental Petroleum (NYSE:OXI), $71,350 on 23,000 shares of Coca-Cola (NYSE:KO), and $4,206 on 12,000 shares of PepsiCo (NYSE:PEP)
The FEC filing also listed “almost 500 business entities, of which 91% are owned 100%” by Mr. Trump, the disclosure said. BA, BAC, FB, DHI, KO, OXI, PEP
Donald Trump is the ‘Real Deal’, he has everything all of the other’s want, will never have and is not beholding to any lobbies.
Trumpeting for Trump…
Stay tuned…
HeffX-LTN
Paul Ebeling
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