Global News

Trump's Businesses Reportedly Made $1.7B While In Office

Trump's Businesses Reportedly Made $1.7B While In Office (Updated: 10 months ago)


The businesses of former President of the United State and billionaire, Donald Trump made a whooping $1.7b during his four years in office.

This is according to Pulitzer Prize-winning investigative journalist David Cay Johnston who calculated how much money flowed through Donald Trump's businesses while serving as president.

CNN's Brianna Keilar interviewed Johnston about his new book, The Big Cheat: How Donald Trump Fleeced America and Enriched Himself and His Family, where he made the revelations on Tuesday, November 30.

"A new book is pulling back the curtain on how much former President Trump enriched himself and his family while he was in office, finding that nearly $1.7 billion in revenue flowed through him and his organizations during his four years as commander-in-chief," Keilar reported.

She described the book as "the most complete picture we've seen of this."

"Tell us how much Donald Trump profited — and how you were able to get to this number," 
Keilar asked.

"Well, Donald Trump had to disclose his finances as president, all top federal officials do," Johnston replied.

"Now, several of them filed very incomplete and misleading forms. Donald, in fact, asked through his lawyers if he could file financial disclosures without signing under penalty of perjury. He was told, no, you have to sign under penalty of perjury."

He explained that of the more than $1.7 billion, much of it came from American taxpayers.

"Donald did everything he could to make sure the taxpayers were putting money into his businesses," he noted. "Hundreds of millions of dollars."

In addition, Trump has also received large amounts of donations.

"You know, you also talk about it, just before the 2020 election and on his way out the door with stop the steal fundraising, he rakes in $500 million," Keilar noted.

"He spends less than $9 million on lawyers, the rest of that money, he can use how?"

"Oh, he can spend it on himself,
" Johnston replied.

"I expect that once he is indicted in Manhattan and perhaps other jurisdictions, a lot of that money will go to criminal defense lawyers," he explained.

"Really fascinating
," Keilar added.
 

Tags

Add a coment

Recent Posts

Flykid
Flykid
Magnito
Magnito
Efe
Efe
Brymo
Brymo
Victony
Victony
Fizzy Mayur
Fizzy Mayur
Cynthia...
Cynthia...
DJ Cuppy
DJ Cuppy
Odunsi (The...
Odunsi (The...
Burna Boy
Burna Boy
Danny S
Danny S
9ice
9ice
Dre San
Dre San
Hotkid
Hotkid
Blaq Jerzee
Blaq Jerzee
Samklef
Samklef
Dice Ailes
Dice Ailes
Yung6ix
Yung6ix
OlaDips
OlaDips
BigerTinz
BigerTinz
Ruffcoin
Ruffcoin
OmoAkin
OmoAkin
King Promise
King Promise
KayKay...
KayKay...
Terry G
Terry G
Busiswa
Busiswa
A-Q
A-Q
Junior Boy
Junior Boy
MC Galaxy
MC Galaxy
Cracker Mallo
Cracker Mallo
Solidstar
Solidstar
Ijoba...
Ijoba...
Yung Effissy
Yung Effissy
Diamond Jimma
Diamond Jimma
Omar Sterling
Omar Sterling
Picazo
Picazo
Decoded
Decoded
Slimcase
Slimcase
Rema
Rema
MasterKraft
MasterKraft
NAIJAKIT.COM

Trending Posts