(CNN) On Thursday, President Donald Trump released his annual financial disclosure statement. And -- BREAKING NEWS -- he is very rich!

Trump made at least $434 million in 2018 , which is -- and this is a scientific term -- a lot! But of course, we already knew that Trump was wealthy. While you can debate just how rich he is, most of those conversations start in the billions, and that means you have a huge amount of money.

What this financial disclosure doesn't show us -- in any sort of detail -- is a) how much, specifically, Trump made (and from where) and b) how much his businesses owe -- and to whom.

The range on the financial disclosure report makes that sort of specificity laughable. Trump is only required to report income in broad categories like $1 million to $5 million or over $5 million. That broadness makes any sort of attempted forensic analysis pointless.

Which brings me to Trump's regular contention that financial disclosure forms are far more insightful into his financial standing than his tax returns would be. (Trump is the only post-Watergate president to refuse to release any of his past tax returns.) Here's how Trump put it in a press conference he held the day after the 2018 midterm elections:

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