TRUMP: My financial disclosure 'is the largest in the history of the FEC'

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Donald Trump on Tuesday said he filed a new financial-disclosure form with the Federal Election Commission that detailed a net worth of more than $10 billion.

Trump called the filing "the largest in the history of the FEC."

"I filed my PFD, which I am proud to say is the largest in the history of the FEC," Trump said in the statement. "Despite the fact that I am allowed extensions, I have again filed my report, which is 104 pages, on time."

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He then criticized Democratic presidential hopeful Bernie Sanders for being late to file his disclosure.

"Bernie Sanders has requested, on the other hand, an extension for his small report," Trump said in the statement. "This is the difference between a businessman and the all talk, no action politicians that have failed the American people for far too long."

He continued: "I have built an incredible company and have accumulated one of the greatest portfolios of real estate assets, many of which are considered to be among the finest and most iconic properties in the world. This is the kind of thinking the country needs."

Trump, now the presumptive Republican nominee for president, is also facing persistent questions and criticism from both sides of the political aisle about declining, so far, to release his tax returns. Critics have said Trump has inflated his net worth on the financial-disclosure forms and that the tax returns would provide a more accurate depiction of his finances.

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9 prominent Republican politicians who have reversed course on Trump (BI)
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TRUMP: My financial disclosure 'is the largest in the history of the FEC'

Former Louisiana Gov. Bobby Jindal

In a September op-ed for CNN, then-Republican presidential candidate Jindal described Trump as "a shallow, unserious, substance-free, narcissistic egomaniac."

"We can decide to win, or we can be the biggest fools in history and put our faith not in our principles, but in an egomaniac who has no principles," Jindal wrote.

But following Trump's victory in the Republican presidential primary, Jindal offered a very tepid endorsement of the real-estate magnate.

"I think electing Donald Trump would be the second-worst thing we could do this November, better only than electing Hillary Clinton to serve as the third term for the Obama administration’s radical policies," Jindal wrote in The Wall Street Journal.

REUTERS/Brian C. Frank

Former Texas Gov. Rick Perry

During his short-lived 2016 presidential bid, Perry called Trump a "cancer on conservatism" and criticized his inflammatory rhetoric about Mexican immigrants.

"Demeaning people of Hispanic heritage is not just ignorant. It betrays the example of Christ," Perry said in his September concession speech. "We can enforce our laws and our borders, and we can love all who live within our borders, without betraying our values."

But after Sen. Ted Cruz dropped out of the race last week, Perry quickly endorsed the presumptive nominee.

"He is not a perfect man," Perry told CNN. "But what I do believe is that he loves this country and he will surround himself with capable, experienced people and he will listen to them."

REUTERS/Aaron Josefczyk

Sen. Rand Paul (Kentucky)

Last month, Paul said he would support Trump in a likely matchup between Democratic presidential frontrunner Hillary Clinton.

But in the lead-up to the Iowa caucuses, the former presidential candidate wasn't as fond of Trump, comparing him to infamous Nazi propagandist Joseph Goebbels. 

"Donald Trump is a delusional narcissist and an orange-faced windbag," Paul said on Comedy Central.

He added: "A speck of dirt is more qualified to be president."

REUTERS/Scott Morgan

Sen. Marco Rubio (Florida)

Toward the end of his 2016 presidential bid, Rubio unleashed a flurry of rhetorical attacks on Trump.

Among other things, the Florida senator criticized Trump's hypocritical immigration policy prescriptions, joked about Trump urinating in his pants at a GOP debate, and questioned whether voters should hand "the nuclear codes of the United States to an erratic individual."

But last month, Rubio began to shift tone. He said he would support any Republican candidate, including Trump, though he ruled out any interest in being Trump's vice president. 

REUTERS/Carlo Allegri

South Carolina Gov. Nikki Haley

Haley confirmed last week that she would "respect the will of the people" and would support Trump's candidacy.

Haley's tune was less favorable in February, when she hit the primary campaign trail in her home state for Sen. Marco Rubio, prompting Trump's ire.

"Bless your heart," Haley said, after Trump labeled her an embarrassment. 

REUTERS/Kevin Lamarque

New Jersey Gov. Chris Christie

Christie became the first major former presidential candidate to endorse Trump. But just a few months earlier, he was warning voters about Trump's preparedness for the office.

"We do not need reality TV in the Oval Office right now," Christie said in December. "President of the United States is not a place for an entertainer."

REUTERS/Chris Keane

Wisconsin Gov. Scott Walker

When Walker dropped out of the presidential race after just three months, the governor called on many of his Republican presidential rivals to do the same in order to consolidate support around a conservative candidate.

The governor took a thinly veiled shot at Trump, criticizing the real-estate mogul's brash rhetorical style.

"It has drifted into personal attacks. In the end, I believe that the voters want to be for something and not against someone," Walker said in his concession speech. "Instead of talking about how bad things are, we want to hear how we can make them better for everyone."

Yet late last month, Walker signaled he'd support the GOP nominee against Clinton — though he refused to say Trump's name.

Patrick T. Fallon/Bloomberg via Getty Images

Sen. Tim Scott (South Carolina)

Scott, a former Rubio endorser, said last week that he would support the Republican presidential nominee.

Though Scott was not a particularly vocal critic of the real-estate magnate, he did condemn Trump's initial refusal to denounce an endorsement from the former leader of the Ku Klux Klan.

"Any candidate who cannot immediately condemn a hate group like the KKK does not represent the Republican Party, and will not unite it," Scott wrote in a statement. "If Donald Trump can’t take a stand against the KKK, we cannot trust him to stand up for America against Putin, Iran, or ISIS."

Andrew Harrer/Bloomberg via Getty Images

Sen. Thom Tillis (North Carolina) 

In an interview on Fox Business last year, Tillis, who recently said he would endorse Trump, characterized the former reality-television star's Republican-debate performance as "more entertainment" than policy. He also criticized the presumptive nominee's rhetoric for inciting violence at campaign rallies.

"He has some responsibility for it," Tillis said of the violence at Trump's rallies.

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The campaign statement went on to boast about Trump's "tremendous" cash flow and "a revenue increase of approximately $190 million dollars."

Trump has not been shy about discussing his wealth.

When he filed his first financial disclosure after declaring his candidacy for the Republican presidential nomination, his campaign said Trump's personal fortune was so "massive" that it couldn't be properly detailed on the FEC forms.

"This report was not designed for a man of Mr. Trump's massive wealth," the campaign statement said of the FEC forms. "For instance, they have boxes once a certain number is reached that simply state $50 million or more. Many of these boxes have been checked. As an example, if a building owned by Mr. Trump is worth $1.5 billion, the box checked is '$50,000,000 or more.'"

Here's the Trump campaign's full statement:

Yesterday, Donald J. Trump filed his Personal Financial Disclosure (PFD) forms with the Federal Election Commission (FEC), his second annual filing since announcing his candidacy for President of the United States in June of last year.

Mr. Trump stated, 'I filed my PFD, which I am proud to say is the largest in the history of the FEC. Despite the fact that I am allowed extensions, I have again filed my report, which is 104 pages, on time. Bernie Sanders has requested, on the other hand, an extension for his small report. This is the difference between a businessman and the all talk, no action politicians that have failed the American people for far too long. I have built an incredible company and have accumulated one of the greatest portfolios of real estate assets, many of which are considered to be among the finest and most iconic properties in the world. This is the kind of thinking the country needs.'

The newly filed PFD shows a tremendous cash flow, and a revenue increase of approximately $190 million dollars (which does not include dividends, interest, capital gains, rents and royalties). This income was utilized, among other things, for the funding of construction projects at various multi-million dollar developments, reduction of debt and the funding of the campaign.

Mr. Trump's income as reported in the PFD statement is in excess of $557 million (which does not include dividends, interest, capital gains, rents and royalties). Mr. Trump's net worth has increased since the last statement was filed in July of 2015. As of this date, Mr. Trump's net worth is in excess of $10 billion dollars.

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