Trump calls the US presidency 'one of the great losers of all time,' because he says he's not making more money

Evan Vucci – Pool/Getty ImagesPresident Donald Trump after being sworn in on January 20, 2017, in Washington, DC.
  • President Donald Trump has told The New York Times he loves his job at the White House – with one exception.
  • “I lost massive amounts of money doing this job,” Trump told The Times in an interview published Thursday night. He said he’s not in it for the money, calling the presidency “one of the great losers of all time” financially for him.
  • Trump also appeared to address some of the scrutiny surrounding perceived conflicts of interest with his business enterprises, namely his Trump-branded hotels.
  • The former real-estate mogul now earns a base income of $US400,000 a year as president, which he donates to various organisations.

President Donald Trump says he loves his job at the White House – with one exception.

“I lost massive amounts of money doing this job,” Trump told The New York Times in an interview published Thursday night, saying he wasn’t in it for the money and calling the presidency “one of the great losers of all time” financially for him.

In the same interview, however, Trump said he loved the job.

“I don’t know if I should love doing it, but I love doing it,” he said.

Trump also appeared to address some of the scrutiny surrounding perceived conflicts of interest with his business enterprises, namely his Trump-branded hotels. World leaders and lobbyists have frequented the hotels during his presidency, raising suspicions that they may have done so to try to curry favour with Trump.

“You know, fortunately, I don’t need money,” Trump said. “But they will say that somebody from some country stayed at a hotel. And I’ll say, ‘Yeah.’ But I lose, I mean, the numbers are incredible.”

Trump did not provide any specifics about how much money his companies had earned or lost during his time in the White House. Multiple news reports published in the past two years have indicated portions of his businesses have lost money since he took office.

The real-estate mogul earns a base income of $US400,000 a year as president, which he donates to various organisations, including the Small Business Administration, the National Institute on Alcohol Abuse and Alcoholism, and the National Park Service.

Trump’s taxpayer-funded income is noticeably smaller than what he was earning as the star of NBC’s reality show “The Apprentice.”

Financial documents for the show revealed Trump earned over $US30 million in 2005 and $US65 million from 2004 to 2007 for revenue and distribution-based royalties, according to Yahoo Finance.

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