Trump earns $598M as Mar-a-Lago profits spike
Donald Trump earned $598 million in income last year, according to his personal financial disclosure report released by the Office of Government Ethics on Friday evening. The financial report captures a mixed financial performance for the president's assets over the last year.
The documents show that Trump has a minimum net worth of $1.1 billion, including more than $320 million in debts. Trump has five liabilities worth $50 million or more, such as the lease on his Washington D.C. hotel.
While Mar-a-Lago, the Palm Beach, Fla. country club he's dubbed the "Winter White House," saw a nearly $8 million increase in revenue — a 25 percent increase from last year — other golf courses had unchanged revenues. Mar-a-Largo has also doubled the amount a person must pay to be a member over the past year.
Unlike his other Florida club, Trump’s Miami golf club, the Trump National Doral, lost money over the last year. In 2015, it brought in $132 million. During 2016, though, it saw revenues fall to $115 million.
http://thehill.com/homenews/administration/338208-trumps-financial-disclosure-released
