BREAKING NEWS

Figures show Trump spent $66 million of his own cash on election campaign

By REUTERS

DECEMBER 9, 2016 06:37

WASHINGTON/NEW YORK - US President-elect Donald Trump pumped a total of $66 million of his own money into his campaign - far from the $100 million he frequently boasted he was going to spend, according to campaign finance disclosures filed on Thursday night.

Trump-related business industries - those bearing his own name, including his private jet and the Manhattan building that served as his campaign headquarters - received $11 million in payments from his campaign.

Trump shocked the political world when he defeated Democratic rival Hillary Clinton in the Nov. 8 election for the White House, overcoming a spending deficit and outperforming polls in several swing states to propel him to victory.

Earlier this week, Trump's campaign revealed that he sold his entire stock portfolio in June, a holding that was estimated at about $40 million.

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