Trump's Net Worth 2017: President Can Withdraw Trust Money Whenever He Wants, Report Says

President Donald Trump, a billionaire, has the power to withdraw money from his trust anytime he wants, according to documents released by his titular organization and the government unearthed by ProPublica.

As he faced questions about possible conflicts of interest throughout his campaign and in the first months of his presidency, Trump announced the creation of the Donald J. Trump Revocable Trust at a press conference Jan. 11, nine days before he took Oath of Office, in order to assuage such concerns.

Read: Is Trump, Russia Story A Media Hoax?

However, new language was added to the trust's documents and was signed on Feb. 10, according to Pro Publica, including a stipulation that the trust “shall distribute net income or principal to Donald J. Trump at his request” and if or when Donald Trump Jr. and attorney Allen Weisselberg “deem appropriate.”

The revised documents also added Eric Trump, the president’s son as well as a top executive at the Trump Organization, along with his brother Donald Jr., as an adviser to the trust.

“President Trump believed it was important to create multiple layers of approval for major actions and key business decision,” a Trump Organization spokesperson told ProPublica.

The report also stressed that Trump was not obligated to disclose when or if he withdrew any funds or profits from the trust because both the trust and family organization are privately owned. Those funds could go straight to his bank account or a brokerage account.

“For tax purposes, it’s as if the trust doesn’t exist at all,” senior fellow at the Urban-Brookings Tax Policy Center, Steven Rosenthal, said. “It’s just an entity on paper, nothing more.”

The original trust documents listed Trump as the “exclusive beneficiary,” but also did not place any hindrances on steps the president would need to take in order to withdraw funds.

Read: Trump's Latest Approval Ratings

The revelation came after the White House released financial disclosures Friday for many of the administration’s top officials, including Trump’s daughter Ivanka and son-in-law Jared Kushner, and top political strategist Steve Bannon.

Though Trump had faced questions before and after his campaign about his overall net worth, Forbes estimated that as of February he’s worth about $3.5 billion. That figure included $1.7 billion worth of New York City real estate, another $630 million in real estate outside of New York and $620 million in golf clubs and resorts.