EXCLUSIVE: Three tax experts concurred that Donald Trump's stash on hand at the end of 2020 does not appear to be quite as generous as the returns might make it seem.
show that Trump—a billionaire on paper—only had control over about $65 million in liquid assets as he prepared to depart the White House.
The filing goes on to cite those internal records, which admit that “distributions are at the discretion of Vornado” and “at this point we do not have all of the data that goes into Vornado’s decision making, thus we are attributing no distribution for these properties.” Gottlieb pointed out that Trump’s 2020 federal income tax returns show that, outside of the $10.6 million in interest income—an “impressive” number on its face—Trump reported very little in the way of dividends, and his only other substantial income derived from his $400,000 presidential salary.
“There appears to be very little in banks that is actually accessible. Between the banks that we can recognize—Professional Bank? What is that? I haven’t heard of it—it looks like he’s got around half a million in interest income that he can actually touch. Not $10 million,” she said.
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