Trump to be Poor? Donald will be rich
A review of his Campaign finance reports reveals a good chunk of the money he brings in stays close to home. If you’ve donated to Trump’s campaign, you’ve also given money to his companies, financed a fat check to one of his posh resorts and tossed cash at his kids.
We’ve reached it. That awkward moment when the billionaire candidate’s campaign is in financial distress. Donald Trump enters the general election fight for the White Housein one of the weakest financial position of any recent nominee, raising $3.1 million in May nearly $25 million less than presumptive Democratic nominee Hillary Clinton More than $1 million of the $6.7 million Trump’s campaign spent last month went to Trump companies or to relatives his campaign reimbursed for travel and other expenses. Notable line items:
• Trump business, TAG Air, Inc., received $349,540 for private-jet services.
• Trump Restaurants LLC took in more than $125,000 last month.
• Trump’s sons, Eric and Donald Jr., were reimbursed $13,913 for travel expenses.
• Eric Trump’s wine business received $4,000.
