Trump reports hundreds of millions in income

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US President Donald Trump reported hundreds of millions of US dollars in income, a federal financial disclosure form released late on Friday by the US Office of Government Ethics.

He had roughly 20 million US dollars in income from his new marquee Washington hotel, which opened just down the street from the White House last September. Revenues also increased at the Mar-a-Lago, the Florida resort known as the "Winter White House."

Trump reported income of at least 594 million US dollars for 2016 and early 2017 and assets worth at least 1.4 billion US dollars.

Trump reports 594 mln US dollars of income

The largest component of Trump's income was 115.9 million US dollars listed as golf-resort related revenue from Trump National Doral in Miami, down from 132 million US dollars he reported a year ago.

Donald Trump makes an appearance prior to the start of play during the final round of the World Golf Championships-Cadillac Championship at Trump National Doral Blue Monster Course on March 6, 2016 in Doral, Florida. /VCG Photo

Income from many of his other hotels and resorts largely held steady. Revenue from Trump Corporation, his real-estate management company, nearly tripled to 18 million US dollars, and revenue from Mar-a-Lago grew by 25 percent to 37.25 million US dollars. The private club doubled its initiation fee to 200,000 US dollars after Trump's election.

Trump also earned 11 million US dollars from the Miss Universe pageant, after selling the beauty contest back in 2015.

Revenue from television shows like "The Apprentice" fell to 1.1 million US dollars, down from 6 million US dollars a year earlier.

Trump's 1.4 bln US dollars assets

Trump's assets likely exceeded 1.4 billion US dollars because the disclosure form provided ranges of values.

The 98-page disclosure document showed Trump held officer positions in 565 corporations or other entities before becoming US president. His tenure in most of those posts ended on January 19, the day before his inauguration.

Most of the entities involved were based in the United States, with a handful in Scotland, Ireland, Canada, Brazil, Bermuda and elsewhere.

US President Donald Trump filed for an extension on his 2016 tax return, the White House said on June 3, 2017. /Reuters Photo

Trump has refused to release his tax returns, which would give a much clearer indication of his wealth and business interests. But he has submitted federal forms disclosing his and his family's income, assets, and liabilities.

"President Trump welcomed the opportunity to voluntarily file his personal financial disclosure form," the White House said in a statement, adding that the form was "certified by the Office of Government Ethics pursuant to its normal procedures."

An Office of Government Ethics spokesman declined to comment on the contents of the report, other than to say that it was certified by the office, which is an ethics watchdog for federal government employees.

Trump released a disclosure form in May 2016 that his campaign at the time said showed his net worth was 10 billion US dollars. Some critics disputed that figure as overblown.

Before taking office in January, Trump was a New York real estate developer and television celebrity.

(With inputs from Reuters)