Trump reviews little revenue from Fact Social, $1M from NFTs


NEW YORK (AP) — Former President Donald Trump says he isn’t making a lot cash from his social media community however estimates it’s price between $5 million and $25 million, in line with his private monetary disclosure type filed Friday.

He owns about 90% of his social media firm, Trump Media & Expertise Group, however mentioned he made lower than $201 from it.

He additionally reported he made between $100,000 and $1 million for a sequence of digital buying and selling playing cards he launched in December that portrayed a photoshopped Trump in a sequence of cartoon-like photographs, together with an astronaut, a cowboy and a superhero.

The report filed with the Federal Election Fee is the primary glimpse into Trump’s funds since he left the White Home and launched a number of new enterprise ventures.

The actual property mogul and actuality TV star launched the platform Fact Social in 2022, a yr after he was banned from Twitter, Fb and YouTube following the Jan. 6, 2021, rebellion on the U.S. Capitol.

Though Trump has since been allowed again on these social media networks, he has relied on Fact Social as a main technique of sharing messages together with his supporters, particularly as he has launched his 2024 presidential marketing campaign.

The disclosure gives restricted data as a result of it solely reviews revenue in broad ranges. That makes it troublesome to inform what number of of Trump’s largest properties and companies are faring since his departure from workplace as a result of the disclosures he was required to file when he was president included particular revenue figures as a substitute of ranges.

Within the newest disclosure, for example, Trump reviews his Washington, D.C., golf membership took in additional than $5 million. In 2020, he had put a finer level on it: $14.2 million.

CIC Digital LLC, the corporate that owned the digital buying and selling card NFTs, or non-fungible tokens, was valued at someplace between $500,000 and $1 million, in line with the report.

Trump additionally reported he made greater than $5 million in talking charges.

All federal candidates are required to file the disclosures after asserting their candidacies. Trump, a Republican, had been granted an extension and risked a superb if he delayed additional.

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Related Press writers Jill Colvin and Bernard Condon contributed to this report.