Trump’s Cashflow Under Scrutiny: A Decade of Financial Evolution

Reuters aimed to assess the cashflow generated by Donald J. Trump’s businesses, focusing on changes over the past decade and the impact of $500 million in court judgments. The estimated $80 million in 2024 reflects factors like real estate income, property sales, and golf resort revenues, minus debts and routine expenditures.

Reuters has undertaken a comprehensive analysis to estimate the cashflow generated by former President Donald J. Trump's various businesses. This effort aims to provide an understanding of how these operations have evolved over the past decade, particularly in light of more than $500 million in court judgments against him.

Utilizing established methodologies and industry expertise, Reuters estimates that Trump's businesses will produce around $80 million in cash after operating expenses in 2024. The analysis includes a detailed look at his real estate interests, net operating income from key properties, and financial data sourced from property tax appeals and mortgage-backed securities.

Additionally, Reuters adjusted these estimates for routine costs and deducted debts, referencing state property records and data from the New York fraud trial. Estimates indicate that Trump will generate approximately $3 million in free cashflow from property rentals and sales in major cities. His golf and resort properties may yield about $70 million, although this could be an overestimate. Licensing revenues and losses at the Trump Corporation were also considered, excluding significant legal costs and federal tax payments.

(With inputs from agencies.)