Perhaps you've heard Donald Trump sharply criticize Nabisco, Carrier, and Ford for closing down U.S. manufacturing facilities and moving those jobs to Mexico, China, or some other country, or recall his proposed boycott of Apple. According to a financial disclosure form Trump's campaign filed with the Federal Election Commission on Tuesday, and made public Wednesday, Trump owns stocks and bonds in all of those companies (or their parent companies). According to Bloomberg News, he's earned up to $75,000 from bonds issued by Nabisco (Mondalez International), Ford, and Carrier (United Technologies Corp.) since January 2015. He currently holds $1.1 million to $2.25 million in Apple stock.
Overall, since his last financial disclosure statement in July 2015, Trump's declared liquid wealth had decreased from $78 million-$232 million to the $61 million-$173 million in Tuesday's disclosure. The FEC filing is designed to flag conflicts of interest, not reveal wealth, but The Wall Street Journal determined from looking through the report that Trump has increased his revenue from licensing his name overseas but lost income from his beauty pageant and menswear businesses.
Trump reported $800,000 in income from paid speaking engagements since January 2015, but none of those were after he announced his presidential candidacy (last July, he reported $1.75 million from seven paid speeches between January 2014 and July 2015). Hillary Clinton released her FEC filing Tuesday, and it showed that she earned $1.7 million for speeches in the 16 months before she announced her candidacy, while Bill Clinton earned $5 million through November 2015. Hillary Clinton's biggest investment, $5 million to $25 million, is in the Vanguard 500 Index Fund.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
September 14 editorial cartoonsCartoons Sunday’s political cartoons include RFK Jr on the hook, the destruction of discourse, and more
-
Air strikes in the Caribbean: Trump’s murky narco-warTalking Point Drug cartels ‘don’t follow Marquess of Queensberry Rules’, but US military air strikes on speedboats rely on strained interpretation of ‘invasion’
-
A tour of Sri Lanka’s beautiful northThe Week Recommends ‘Less frenetic’ than the south, this region is full of beautiful wildlife, historical sites and resorts
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
FCC greenlights $8B Paramount-Skydance mergerSpeed Read The Federal Communications Commission will allow Paramount to merge with the Hollywood studio Skydance
-
Tesla reports plummeting profitsSpeed Read The company may soon face more problems with the expiration of federal electric vehicle tax credits
-
Dollar faces historic slump as stocks hit new highSpeed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
