When it comes to his investments, Donald Trump isn't exactly putting his money where his mouth is.
The presumptive Republican nominee released a 104-page financial disclosure on Wednesday, detailing stakes in several companies that he has bashed, including
Trump's position in Apple is particularly sizable, and according to the detailed financial statements, he owns between $1.1 million and $2.25 million of the company through multiple investments. While this has declined from a stake worth nearly $6 million in 2014, it's not clear how much is from him selling or the stock's losses.
Despite his personal investment, the billionaire real estate mogul has been a particularly harsh critic of the Silicon Valley behemoth. It wasn't long ago when Trump blasted Apple for refusing to help the FBI gain access to the phone that belonged to one of the San Bernadino shooters. “Who do they think they are?” huffed Trump in February, calling for a boycott of the iPhone maker.
Boycott all Apple products until such time as Apple gives cellphone info to authorities regarding radical Islamic terrorist couple from Cal
— Donald J. Trump (@realDonaldTrump) February 19, 2016
Although Trump didn't officially called off the boycott, authorities were eventually able to hack into the shooter's phone without Apple's help.
Like lots of companies, Apple has also incurred Trump's wrath for outsourcing jobs. "We're going to get Apple to start building their damn computers and things in this country, instead of in other countries," he declared earlier this year.
Trump has repeatedly criticized big companies for shifting jobs overseas where it's cheaper, but has all the while continued to invest in some of the very ones he's called out by name.
For instance, he's slammed Ford for outsourcing jobs to Mexico, zeroing in on the automaker's plans to invest $2.5 billion in manufacturing plants there. Yet he still owns Ford bonds, which are worth between $500,000 and $1 million.
He's also stomped his feet about where Oreo cookies are made, criticizing parent company Mondelez International's plans to close a Chicago factory (and eliminate 600 jobs) in order to move operations to Mexico. Trump has since offloaded his investment in Mondelez, but not before earning between $5,000 and $15,000 in interest, according to the documents.
Another one of Trump's rallying cries on the campaign trail has been about ending the fancy footwork that companies do to get around taxes. In his tax plan, there's a provision that would require companies to repatriate the cash that's stashed overseas. Apple is a big offender of hoarding much of its cash pile, which has grown to over $200 billion, outside U.S. borders.
Fellow tech giant Amazon has also gotten caught in Trump's crosshairs on this, and was recently castigated for “getting away with murder” on taxes. Trump owns $50,000 to $100,000 in Amazon stock.
True to his professed love for America, however, Trump does have a demonstrated preference for U.S. stocks and barely has any bets on international stocks. He does have exposure to global markets through various funds.
