Separately, the report showed Mr. Trump earned “over $5 million” through CIC Ventures Inc., an unconnected but similarly named company formed in 2021. (“CIC” stands for commander in chief.) That income was described as being for speaking engagements, which most likely included the campaign-style events he held before becoming an official candidate in November.
Trump paid off certain loans, but took out others
Since leaving office, Mr. Trump has paid off six outstanding loans, including ones valued at more than $50 million on Trump Tower in New York and Trump Doral, a golf club outside Miami that has been his family company’s single-biggest revenue-generating property.
He also took out new loans, both from Axos Bank and totaling more than $50 million each, on the Trump Tower and Doral properties.
He also paid off a loan valued at more than $50 million on Trump Old Post Office, the Washington hotel he sold last year. Most of the loans he had received from Deutsche Bank, which once totaled more than $295 million, have now been paid off, leaving only about $45 million still owed to the bank, which was once a major lender to Mr. Trump.
In total, Mr. Trump listed more than $200 million in debts.
Trump saw new income from a deal with a Saudi-based firm
The financial disclosure shows the first payments to Mr. Trump for a new deal backed by a Saudi Arabia-based real estate investment firm to build a new golf and hotel complex in Oman. The payments so far are listed simply as worth more than $5 million.
The project is slated to be built in Muscat, Oman, on a hillside adjacent to the Gulf of Oman, and will include a golf resort, villas and two hotels, a company executive said.
The Trump family is teaming up with Dar Al Arkan, one of Saudi Arabia’s largest real estate companies, for the project. The government of Oman owns the land, meaning Mr. Trump is now essentially in a business deal with the government there.