In 1989, Trump Reported $59M In Interest Income. No One Knows Where It Came From

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In 1989, Trump reported income of $59.2M in interest income. None of Trump’s assets could generate that much income.

In 1989, Trump reported $59.2 million in interest income. In that time, he had owned nothing that was capable of generating that degree of interest.

Interest income can be received from bonds, bank accounts, and mortgages. Using bonds as an example, Trump would have needed to own approximately $378 million in bonds generating 14 percent annually. Yet, there is no evidence that he owned anything that could generate that much annual interest in income. Reporters are now asking, where did this money come from?

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