Trump's Washington hotel saw almost $20 million in revenue

Since President Trump voluntarily submitted a 98-page financial disclosure on Friday to the Office of Government Ethics, the first picture of the Trump Organization's finances has been made accessible. They are less detailed than full tax returns, which Trump has refused to release, breaking with decades of tradition. That's an increase of almost $8 million from the 2016 filing and roughly $22 million from the 2015 edition.

The document showed Trump held officer positions in 565 corporations or other entities before becoming US president. Trump reported about $16 million in profits for Mar-a-Lago in his report filed in 2015, about $30 million in his report filed in 2016, and about $37 million in his most recent report.

The Trump International Hotel, housed in the Old Post Office building on Pennsylvania Avenue as a neighbor to the White House, has seen a spike in business since its fall opening.

He had roughly US$20 million in income from his Washington hotel, which opened just down the street from the White House past year.

He listed at least $315 million in liabilities.

He has at least $1.4 billion in assets and reported at least $594 million in income from January 2016 through this spring. The club doubled its initiation fee after Trump's electoral victory in November, increasing the cost to $200,000.

An Office of Government Ethics spokesman declined to comment on the contents of the report, other than to say that it was certified by the office, which is an ethics watchdog for federal government employees. Trump-branded golf courses throughout the United States generated roughly the same amount of income for Trump this year as they did in 2016. Some critics disputed that figure as overblown.

Trump turned over the reins of his global real estate, property management and marketing empire to his two adult sons and a senior executive.