Trump reports little income from Truth Social, $1M from NFTs

[Eugene]

Source: Associated Press

Trump reports little income from Truth Social, $1M from NFTs

By MICHELLE L. PRICE
April 14, 2023

NEW YORK (AP) — Former President Donald Trump says he’s not making much money from his social media network but estimates it is worth between $5 million and $25 million, according to his personal financial disclosure form filed Friday.

He owns about 90% of his social media company, Trump Media & Technology Group, but said he made less than $201 from it.

He also reported he made between $100,000 and $1 million for a series of digital trading cards he released in December that portrayed a photoshopped Trump in a series of cartoon-like images, including an astronaut, a cowboy and a superhero.

The report filed with the Federal Election Commission is the first glimpse into Trump’s finances since he left the White House and launched several new business ventures.

-snip-

Read more: https://apnews.com/article/trump-financial-disclosure-filing-social-media-de11cc60d72365b01cc58f790c6005a8

[LuckyLib]

1. Lies, lies, and more lies. Why would we expect anything different?

[Deuxcents]

2. His social media network worth between 5-25 million? That's quite some span

I’m sure some will be impressed

[Yellowdog-1966]

3. I'm waiting for the truth to come out about it

Ticktok been in the news about being the worst thing out there, then Truth Social sneaks in just in time.

I'll bet their is a ton of built-in spyware in it but it's O.K. because it all about trump and USA

[2naSalit]

4. Trump "reports" little income...

We all know how truthful that would be.

[Shermann]

5. He can appraise it for whatever figure strikes his fancy

...just like his real estate.

[onenote]

6. Misleading AP headline

He reported that his income from NFTs was between $100,000 and $1 million. An accurate headline would be Trump reports as little as $100,000 from NFTs.

[moonscape]

7. That's a pretty big spread. How would income

from them not be known more closely?

[onenote]

9. The disclosure forms set the range for disclosure

this is generally the case for most government disclosure forms. Is it stupid? Yes. But it is what it is unless and until (and don't hold your breath) a decision is made to require more granular disclosure.

[moonscape]

10. Ah, gotcha. Thanks.

[B.See]

8. Guess that's why he wants back into the O. Office

Report: Trump Made $160 Million in Foreign Business Deals as (O. Office Occupant)

Trump repeatedly broke his promise that his company wouldn’t make new foreign business deals while he was in office.