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Donald Trump reports at least $1.4 billion assets in financial disclosure

24 Juin 2017

The report, which presents an imperfect window into Trump's assets, debt and income, is the third of its kind released since he announced his candidacy in 2015.

Trump's net worth was estimated at $1.4 billion, and his income for previous year and first quarter of 2017 was approximately $594 million, the report stated.

In terms of debts reported to the ethics office, Trump listed liabilities of at least $130m to Deutsche Bank Trust Company Americas, a unit of German-based Deutsche Bank AG. Although it is the most comprehensive report concerning Trump's financial status since being elected, the report does not accurately depict the volume of Trump's assets and loans and therefore, it is hard to gather from the report Trump's complete financial status.

Income of at least $ 594 million in 2016 and early 2017 has been declared by US President Donald Trump, with assets totaling at least $ 1.4 billion.

The hotel, featuring 263 rooms, BLT Prime by David Burke, Benjamin Bar & Lounge and The Spa by Ivanka Trump™, is cited in three separate lawsuits alleging that Trump is violating the Constitution's "emoluments" clause-a ban on foreign gifts and payments. That number is at least $300 million.

Trump is partnering with a billionaire Indonesian, Hary Tanoesoedibjo, on the two ventures.

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Gormley , ninth in the Derby, flew from his Southern California base to take a shot after staying home from the Preakness . The first four all followed a well-worn path - run in the Derby, miss the Preakness and come back fresh for the Belmont.

The ranges listed for liabilities were largely unchanged from prior disclosures.

He reported liabilities of at least US$110 million to commercial real estate lender Ladder Capital Corp. While his initial report showed royalties totaling, at a maximum, just more than $165,000, that maximum total increased to more than $6.16 million in last year's filing and more than $7.06 million in Friday's edition.

The financial disclosures released aren't as detailed as tax returns would be. He has said he's under audit, and won't release the documents until the audit is over. His spokesmen have also noted the extensiveness of his financial disclosures.

The report shows Trump resigned from more than 500 positions, stepping down from many on the day before his inauguration.

The president has stepped back from the Trump Organization, turning over control to his adult sons Donald Trump Jr. and Eric Trump, in addition to a top Trump Organization executive.

Trump has repeatedly denied having any financial ties to Russian Federation, and the documents are unlikely to reflect any. He isn't required to list where the entities derive their income.