Trump owes banks $315m

US #President Donald Trump is indebted to USA and German lenders - along with several others - to the tune of $315.6 million as of mid-2017, according to information released on Friday by the Office of Government Ethics.

As the AMPA notes, Trump has had $ 20 million in revenue from his new hotel in Washington, which opened very close to the White House in September. His Resort in Florida (Mar-a-Lago) also saw an increase in revenue during that same time period.

Income of at least $ 594 million in 2016 and early 2017 has been declared by US President Donald Trump, with assets totaling at least $ 1.4 billion.

According to The Washington Post's run-down of the disclosure, Trump has sold stocks in a number of companies, including Amazon, Exxon Mobil, Goldman Sachs, Microsoft, and Toyota, which were earning him millions in capital gains and dividends. Mr Trump still owes more than $100 million to Deutsche Bank and a similar amount to a New York-based real estate investment trust.

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

He received an estimated $11 million from theMiss Universe beauty pageant by selling the beauty contest in 2015.

President Donald Trump's Washington hotel saw nearly $20 million in revenue during its first few months of operation - a period that coincided with his election and inauguration as the 45th President. After he was elected president, the annual membership fee for club was doubled to $US200,000. Revenue from Trump Corporation, his real-estate management company, almost tripled to $18 million, and revenue from Mar-a-Lago grew by 25 percent, to $37.25 million. Last year, he reported earning $50,000-$1,00,000.

Trump's net assets might exceed $1.4 billion due to the ranges of values in the disclosure form.The document released indicates that Trump held executive positions in 565 corporations or firms before becoming president of theUnited States. The document covers January 2016 to April of this year. Most of these companies are based in the United States, while some in Scotland, Ireland, Canada, Brazil, Bermuda and others. President Trump and the Justice Department have called those claims baseless.

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.