The president was not required to file a new financial disclosure with the Office of Government Ethics until next spring, but Trump made a decision to voluntarily submit an updated report in his first year in office, following the tradition of past presidents including Barack Obama and George W. Bush.
He had roughly US$20 million in income from his Washington hotel, which opened just down the street from the White House previous year.
Mar-a-Lago, where Trump played host to several foreign dignitaries during his seven weekends there this winter, has improved its finances.
The new 98-page disclosure, released by the ethics office, shows that Trump has held onto the vast majority of his assets since his last disclosure in May 2016, which indicated that his holdings were worth at least $1.5 billion.
Other sources of income included on the report are the limited liability company that operates the Trump International Hotel in Washington, D.C. which reported $19.7 million in hotel related revenue, and the Trump International Golf Club in West Palm Beach, Florida reported $18.4 million in golf-related revenue.
For 20 of his most prominent resort and golf club holdings - including the Trump National Golf Club in Bedminster, New Jersey, and Mar-a-Lago, the private club in Florida - total revenues for the most recent reporting period were about $360 million, compared with about $350 million in the prior report.
The disclosure document was actually signed Wednesday by the president but released late Friday by the Office of Government Ethics. It showed Trump was worth at least $1 billion. For many of Trump's properties, specifically his golf courses and resorts, Trump lists revenue, rather than income, masking their profitability.
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He earned US$11 million from the Miss Universe pageant, after selling the beauty contest back in 2015.
The document showed Trump held officer positions in 565 corporations or other entities before becoming U.S. president.
The White House said in a statement that Trump "welcomed the opportunity" to file the form "voluntarily". They are less detailed than full tax returns, which Trump has refused to release, breaking with decades of tradition. But he has submitted federal forms disclosing his and his family's income, assets and liabilities. ETP, whose CEO Kelcy Warren is a Trump donor, is facing new challenges in court to the pipeline, which the Trump administration approved by executive order shortly after taking office.
According to the documents, Trump owes about $315 million to lenders and made almost $300 million in income over the past year.
Instead, on January 17, 2017, three days before his inauguration, Trump transferred his holdings to a revocable trust managed by his adult sons, Donald Jr. and Eric, and Allen Weissberg, chief financial officer of the Trump Organization.
Also in January, he resigned from 476 businesses, including companies active in Brazil, Canada and China, according to a document released by the Trump Organisation.
Trump has also seen a massive increase in income from book royalties since he began campaigning in mid-2015.
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