Trump’s Donors Paid For His Jetliner, His Hotels And Now, His Books – Huffington Post
The Trump Make America Great Again Committee is a joint fundraising operation between the Trump campaign and the Republican National Committee. An RNC spokeswoman referred a question about the books to the Trump campaign, which did not return phone calls and emails requesting comment over a period of days. Random House representatives also did not respond to Huffington Post queries.
While a second joint Trump-RNC committee concentrates on large contributions, the Trump Make America Great Again Committee focuses on small-dollar donations using online and direct-mail fundraising. As of Sept. 30, 77 percent of all the money it raised came from donors who have given less than $200.
According to the committee’s Oct. 15 FEC filing, it paid Penguin/Random House $91,866 on Aug. 30, $98,975 on Sept. 1, and another $98,975 on Sept. 22. The purpose for all three was listed as: “Collateral: Books.”
The publishing house has printed five titles by Trump, including How to Get Rich and Think Like a Billionaire. The biggest seller, though, was The Art of the Deal, which was published in 1987 but has remained in print ever since. Trump frequently boasts about it in his campaign speeches, and it is the only one mentioned on the Trump fundraising website.
At the standard bulk discount offered by publishers, Trump’s fundraising committee could have purchased some 17,000 copies of the hardcover edition. Under a typical publishing contract, that quantity would generate over $70,000 in royalties, which Trump would have to split with his co-author.
According to Trump’s financial disclosure statement filed in May, Trump received between $50,000 and $100,000 in royalties for that title over the previous year.