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Forbes Daily Briefing

Trump Hasn’t Spent A Dime Of His Own Money On His 2024 Campaign

Forbes Daily Briefing

Forbes

Careers, Business, News, Entrepreneurship

4.612 Ratings

🗓️ 29 October 2024

⏱️ 4 minutes

🧾️ Download transcript

Summary

The campaign and political committees of billionaire presidential candidate Donald Trump have paid his businesses millions for air travel, lodging, catering and more.

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Transcript

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0:00.0

Here is your Forbes Daily Briefing Bonus Story of the Week.

0:04.0

Today on Forbes, Trump hasn't spent a dime of his own money on his 2024 campaign.

0:10.0

It's been more than 30 years since the Trump shuttle folded, but Donald Trump has found a way to make easy money from aviation.

0:18.0

The former President's campaign and political committees backing his candidacy have forked over 7.1 million

0:25.2

dollars to Trump's businesses through the end of September, according to records with the Federal

0:30.2

Election Commission. Most of those payments, 5.9 million dollars,

0:35.0

were for the use of Trump's 1991 Boeing 757.

0:39.0

A solid chunk of that hall likely originated with the taxpayers.

0:44.0

The Secret Service, which has to travel with the former president and current presidential

0:48.0

candidate, has paid Trump's campaign $1.6 million for air travel through September 30th.

0:54.0

The campaign, in turn, pays the Trump organization for use of its plane.

0:59.0

That figure will likely spike.

1:01.0

The agency owes Donald J. Trump for President 2024 Inc.

1:04.4

another $2.9 million, according to an FEC filing the campaign made earlier in

1:10.0

October. Trump's campaign also pays his company for its own use of the plane.

1:16.0

Maralago, Trump's private club and residence in Palm Beach, Florida,

1:20.0

has been his second biggest moneymaker,

1:22.0

raking in $907,000.

1:25.2

More than 40% of that total was paid by the Trump Save America

1:28.6

joint fundraising committee on a single day in February

1:32.0

for renting the club and catering.

1:34.0

Trump's golf club in Bedminster, New Jersey, where he resides during the summer,

...

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