Tax records reveal how fame gave Donald Trump a $427 million lifeline

There was $500,000 to pitch Double Stuf Oreos, another half-million to sell Domino's Pizza and $850,000 to push laundry detergent.

Topics
Donald Trump | tax evasion

NYT 

Donald Trump
Trump entered the 2016 presidential race as a Republican and was elected in a surprise victory over Democratic nominee Hillary Clinton.

By analysing the tax records, The New York Times was able to place a value on Donald Trump’s celebrity.

While the returns show that he earned $197 million directly from The Apprentice over 16 years — roughly in line with what he has claimed — they reveal that an additional $230 million flowed from the fame associated with it.

The show’s big ratings meant that everyone wanted a piece of the Trump brand, and he grabbed at the opportunity to rent it out. There was $500,000 to pitch Double Stuf Oreos, another half-million to sell Domino’s Pizza and $850,000 to push laundry detergent.

There were seven-figure licensing deals with hotel builders, some with murky backgrounds, in former Soviet republics and other developing countries.

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First Published: Wed, September 30 2020. 02:20 IST
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