Former President Donald Trump’s far-reaching real estate conglomerate reported years of multimillion-dollar losses, his tax returns show, prompting jabs from Democrats eager to chip away at his self-proclaimed success.
In the six years spanning 2015 to 2020, Mr. Trump’s DJT Holdings, the parent company for a sprawling list of ventures including real estate developments, golf courses, and vineyards, recorded nearly $314 million in cumulative losses.
In 2016, the year Mr. Trump was elected, the company recorded losses of $64,497,128, nearly double the recorded loss of $34,146,723 the prior year.
In 2017, Mr. Trump’s first year in office, those losses fell to $57,865,495 and remained fairly consistent throughout his tenure as president.