A financial disclosure form released by the Office of Government Ethics showed that past year the president, who has faced criticisms for not revealing his tax returns, earned almost $20 million from a new luxury hotel in Washington that has become a favourite haunt of foreign diplomats.
White House Spokesman Sean Spicer earlier in the week dismissed those concerns as partisan bickering, and in a brief statement late Friday, he did not address them anew.
Mar-a-Lago, where Mr Trump played host to several foreign dignitaries during his seven weekends there this winter, has improved its finances.
The disclosure report shows Mr Trump and his related business entities reported revenue of at least $US597 million, down about 3% from the $US615 million in the period a year before.
One of the Trump Organization's new endeavors, Trump International Hotel Washington, D.C., set up in a once rundown federal building that the Trump family spent $200 million to renovate, had revenues of about $20 million, the disclosure said. In total, the president reported up to $7 million in book royalties, including up to five million from his book, "Great Again: How to Fix Our Crippled America". It generated $37 million during the reporting period, an increase from the $30 million that Trump reported past year. They point to conferences held at the Washington hotel to promote U.S. -Turkey relations, the planned celebration there of Kuwaiti National Day and numerous private gatherings in the ballroom and other facilities. Mar-a-Lago's initiation fee doubled after Mr. Trump was elected - from $100,000 to $200,000 - effective on January 1, 2017.
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Revenue from television shows like "The Apprentice" fell to $1.1 million, down from $6 million a year earlier. It is not the same as a tax return, which would show more detailed financial information and his business dealings.
Trump holds positions in 565 organizations outside the United States government, from the president of Trump Ice, a bottled water business (page 7), to the director/chairman/president of Turnberry Scotland Managing Member Corp. His tenure in most of those posts ended on January 19, 24 hours before his inauguration, and in others in 2015 and 2016.
Trump also reported liabilities of at least $110m to Ladder Capital Corp, a commercial real-estate lender with offices in New York, Los Angeles and Boca Raton, Florida.
The numbers were reported in a 98-page disclosure form signed by Trump this week and made public by the Office of Government Ethics late Friday.
As a candidate, he claimed he was worth more than $10 billion, although his net worth is impossible to determine from his financial disclosures, and he has not provided independent evidence to back that up. Some critics disputed that figure as overblown.
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