Trump quietly funneled $5M from campaign coffers into private businesses: analysis

Former President Donald Trump has funneled nearly $5 million from his presidential campaign coffers into his private businesses, according to a new financial analysis.

Trump — convicted last month of falsifying business records to cover up hush money payments ahead of the 2016 presidential election — has yet to donate a cent to his own campaign but his businesses have charged it $4.6 million, Forbes reported Wednesday.

The former president, worth an estimated $6.4 billion, has been collecting donations from MAGA supporters across the U.S. with increasingly threatening rhetoric that, on Wednesday, raised the specter of mass beheadings.

"Haul out the guillotine," Trump declared in his campaign cash-grab. "It's not just me they want gone, THEY'RE REALLY COMING AFTER YOU!"

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Forbes analysis of Federal Election Commission records found $4.2 million funneled to Trump's aviation company Tag Air.

Trump's private jet — which he claims is better than Air Force One but experts say is comparable to a flying Staten Island ferry — has been transformed into "something of a charter service," Forbes reports.

A Trump campaign spokesperson responded to Forbes request for comment by noting Trump donated his $400,000 annual White House salary.

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Trump’s 2024 campaign has also spent $332,000 at his social club Mar-a-Lago, where Federal Bureau of Investigation agents found classified documents at the heart of special counsel Jack Smith's Florida federal court case against the former president.

The campaign spent $20,000 at the Miami golf resort Trump National Doral, $36,000 a Trump hotel in Las Vegas, according to the report.

"Add it all up—the $4.6 million from the 2024 campaign and millions more from Trump’s other groups—and his businesses have collected about $7 million in total since the 2020 election," the analysis concludes. "Not a bad consolation prize."