19/08/2024 Trump And Melania’s Wealth: $635 Million In Assets, $7.4m From NFTs And Substantial Legal Debts

Trump and Melania’s wealth: $635 million in assets, $7.4m from NFTs and substantial legal debts

Donald Trump’s financial disclosures provide a rare glimpse into the billionaire's diverse income streams, including real estate, cryptocurrency, gold bars, and unique items like Bibles. Trump has accumulated significant earnings from real estate and various ventures, totalling $635 million in assets, but faces substantial legal debts.

Real estate and unique ventures boost Trump’s earnings
The 167-page filing reveals that Trump earned $300,000 in royalties from a special edition of the Lee Greenwood Bible, priced at $59.99 and marketed as “the only Bible endorsed by President Trump.” A signed copy costs $1,000. His book reprints also generated income, with The Art of the Deal bringing in between $50,000 and $100,000, A MAGA Journey earning $505,765, and Letters to Trump by Royden LaFond making $4,474,420.

Trump's Mar-a-Lago resort reported $56.9 million in revenues, an increase of $4.6 million from last year’s report. However, the costs to maintain the resort were not disclosed.

Trump’s golf courses were also lucrative, with National Doral generating $160.1 million, Bedminster Club $37 million, Scottish Turnberry $33.5 million, and Jupiter, Florida’s Trump National Golf Club $31 million.

Melania Trump’s contributions and NFT success
Melania Trump contributed to their earnings, making $237,500 from an April speaking engagement at Mar-a-Lago for the Log Cabin Republicans. She earned another $220,000 for speaking at the 2022 Log Cabin Republican gala. Together, Trump and his wife made $7.4 million from NFT “Collect Trump Cards” trading cards.

Gold, crypto and legal liabilities
The former president listed ownership of $250,000 in gold bars and $1 million in cryptocurrencies. He also holds 114,750,000 shares of Trump Media and Technology Group, estimated to be worth over $2.6 billion when they become tradable in September.

Despite these substantial assets, Trump is still liable for $83.3 million from E. Jean Carroll’s sexual abuse and defamation cases and $454 million from a civil fraud judgment in New York state. Trump is appealing both judgments.

In comparison, Vice President Kamala Harris and Second Gentleman Doug Emhoff reported a 2024 income of $450,380 and assets of around $10 million.

Arts

https://timesofindia.indiatimes.com/world/us/trump-and-melanias-wealth-635-million-in-assets-7-4m-from-nfts-and-substantial-legal-debts/amp_articleshow/112615962.cms

Interesting NFTs
Art Is The Currency of the Infinite
This still-life, titled after one of Pablo Picasso's infamous quotes, was made solely using 3D softwares and apps, in an attempt to bring this often forgotten artistic genre into the 21st century through the use of new artistic mediums and technologies. This piece is also an invitation to meditate on the role of "value" throught the ages and how it's been radically altered by the coming into existence of technologies and concepts like cryptocurrencies and digital scarcity.
#65679
By OthersideDeployer
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