Former President Donald Trump's personal financial disclosure form filed on Friday claimed he is not making much money from his social media network, Truth Social.

However, the Associated Press reported that Trump estimates it is worth between $5 million and $25 million. The former president claimed he made less than $201 from the Trump Media & Technology Group, which he owns about 90%.

His new financial disclosure also showed that the first Trump NFT collection, a series of digital trading cards featuring cartoon images of him in various postures and outfits like an astronaut and a superhero, which he released in December, has made between $100,000 and $1 million.

Since leaving the presidency and beginning his new business endeavors, Trump's finances have mainly been hidden from the public.

After being banned from Twitter, Facebook, and YouTube following the January 6 Capitol inspection, the real estate billionaire and reality TV personality launched the platform Truth Social last year.

Although Trump is now free to use those platforms again, he has primarily used Truth Social to communicate with his supporters, especially after he launched his 2024 presidential campaign.

READ NEXT: Donald Trump Net Worth 2022 

Donald Trump NFT Demand Increases Following Indictment

Donald Trump turned himself in last Tuesday to authorities in New York, where he was arraigned on 34 counts of falsifying business records in connection with the hush money payment made to porn star Stormy Daniels days before the 2016 election.

Following Donald Trump's arraignment, OpenSea data showed the former president's NFTs, or non-fungible tokens, reportedly increased by 462% in sales as the digital trading card holders sold a combined 47 tokens, The Crypto Times reported.

Based on Crypto Slam's data, Trump NFTs allegedly sold for approximately $75,000 in a matter of hours on April 5.

Donald Trump Tax Returns

After a lengthy legal struggle, the House Democrats Ways and Means Committee finally disclosed Donald Trump's tax returns for the years 2015 to 2020 last year, CNN reported.

The committee filed a lawsuit to obtain thousands of financial documents after the former president broke decades of tradition of presidential candidates releasing their tax returns.

These documents provide the most in-depth look at Trump's finances, showing that he paid little or no income taxes several years after claiming huge business losses before and during his presidency.

A report on Trump's tax returns by the Joint Committee on Taxation showed that he carried forward substantial net operating losses that often made his tax bills disappear.

As he reported millions in losses, Trump only paid $750 in taxes in 2016 and 2017 and nothing in 2020.

Trump's tax returns revealed that between 2015 and 2017, he had business income, expenses, taxes, or other financial items in almost two dozen countries. He also had several foreign bank accounts, including one in China.

At least $446 million in earnings from Trump's hotels, resorts, golf courses, and royalties from books and television programming were reported on his 2020 financial disclosure form.

His financial disclosure form appeared to list revenues for the Trump Organization as "income." It is usually used to report only personal take-home page or share of an asset, giving an inflated view of Trump's wealth.

READ MORE: Melania Trump Issues First Statement Since Donald Trump's Indictment 

This article is owned by Latin Post.

Written by: Bert Hoover

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