How Donald Trump Moved Millions From His Campaign Donors To His Private Business

  • 📰 Forbes
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Millions from Trump's campaign, millions from the RNC, millions from committees. While other billionaires spend big on the election, the Donald is raking it in

Erik McGregor/LightRocket via Getty Imagesonald Trump has not given a dime to his reelection campaign, opting instead to fund the entire effort with his donors’ money. His business, meanwhile, has continued to charge the campaign for things like food, lodging and rent. The result is that $2.2 million of contributions from other people has turned into $2.2 million of revenue for Trump.

It’s a meaningful sum, even for a large business. Consider the payments to Trump National Doral, the president’s golf resort in Miami. In 2017, Trump’s first year leading the country, revenues at Doral dropped from $88 million to $75 million, dragging profits down from $12.4 million to just $4.3 million. The next year, the RNC, which had spent just $3,000 at the property in 2017, upped its expenditures to $603,000.

Trump Bedminster's customers include Trump Victory, one of the president's joint fundraising committees.It's not the only Trump asset getting political payouts. While the Trump Organization was working to fill space inside Trump Tower, the president’s reelection campaign remained a reliable tenant, spending about $38,000 on rent per month. More than three years after Trump became president, those payments now total $1.5 million, an even bigger haul than the amount that went to Doral.

The reelection campaign hasn’t spent much money at Mar-a-Lago. But Trump Victory, one of its joint fundraising committees, has picked up the slack and shelled out $345,000 since Trump took office, according to the review of filings. The RNC chipped in $290,000, as well.Wang Yingh/Newscom

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

This does not include millions of dollars in PPP loans (gifts) that companies tied to trump got.

Trump is criminal clear and simple!

Good . Let the fools lose their money

Probably the first time he’s ever had positive cash flow in his life.

He'll spend it in the worst possible way for the Nation and for his personal gain.

Millions lol, could have given souls a bit of brick an mortar. The fabulous and rich rule supreme we are losing ourselves :(

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 394. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

How Donald Trump Moved Millions From His Campaign Donors To His Private BusinessMillions from his campaign, millions from the RNC, millions from committees. While other billionaires spend big on the election, the Donald is raking it in. Don't forget to do BLM and actblue and how much the Dems raked in I'd like to know why you tube has lots of fake videos that give the impression were going to war with china,,. ✅ RICO ✅ Campaign Finances ✅ Money Laundering ✅ Tax Evasion TrumpCrimeFamilyForPrison
Källa: Forbes - 🏆 394. / 53 Läs mer »

How Donald Trump Moved Millions From His Campaign Donors To His Private BusinessMillions from his campaign, millions from the RNC, millions from committees. While other billionaires spend big on the election, the Donald is raking it in. Time is bad, even for a businessman/showman/president 🤷🏻‍♀️ Forbes, I use to really enjoy your publication. But you have become so politically driven that your business of reporting the business has ended. I will no longer follow you. I am tired of politics on business.
Källa: Forbes - 🏆 394. / 53 Läs mer »

How Donald Trump Moved Millions From His Campaign Donors To His Private BusinessDonald Trump has not given a dime to his reelection campaign, opting instead to fund the entire effort with his donors’ money. His business, meanwhile, has continued to charge the campaign for things like food, lodging and rent Duh rich gonna be rich This should be illegal. The 'billionaire ' What a welfare queen.
Källa: Forbes - 🏆 394. / 53 Läs mer »

Matt Gaetz, Donald Trump Jr. criticize Rep. Liz Cheney - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The thing is Gaetz & Trump, Jr. are not Republican. They are Trumpers. And they know they are going down this fall. Why else attack 'your own'? 'Insufficiently loyal' because she praises an EXPERT in epidemiology who is trying to help Americans avoid COVID16 (which the PRESIDENT won't do) so that the country can recover and stop dying? So Liz is now a 'moderate' Republican now? Sounds like the mafia or a dictatorship.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »