Donald Trump loves nothing more than to tout his wealth as shown here:
That, along with his recent insistence that he is “one of the elites” just like the Democrats because he has a “much better apartment than they do” gave me a good reason to post another look at Donald Trump’s 2017 Financial Disclosure.
While most of the media focussed on Donald Trump’s net worth, it is also interesting to look at Donald Trump’s liabilities. As is typical of these declarations, one cannot figure out the exact amounts given that the liability amounts provided to the public are given as ranges. That said, we at least have an idea of the minimum amount of his liabilities which, as you will see in this posting, are rather substantial.
Here is the title page of the Disclosure:
Here is a table showing the details of all Trump mortgages and loans:
Unfortunately, as I noted above, given that his liabilities (and assets for that matter) are given in ranges, we are unable to ascertain the actual maximum amount of his liabilities. It is important to note that five of his mortgages are in excess of $50 million with no maximum amounts given, however, at a minimum, his total liabilities exceed $311 million.
…and, stuck at the bottom of page 45 of 46, we find this interesting note regarding one of Donald Trump’s liabilities that existed during 2017:
Given the ongoing coverage of the Stormy Daniels’ affair, this is a particularly interesting liability and, as you may have noted on the title page, the U.S. Office of Government Ethics (OGE) concluded that the payment made to Mr. Cohen is required to be reported as a “reportable liability” no matter what the note on page 45 may say.
Click HERE to read more from this author.