$9.5 billion? More like $700 million. http://www.independent.co.uk/news/w...nt-donald-trump-family-business-a8058236.html The Trump Organization in New York is reportedly worth one tenth of the value it previously claimed. Donald Trump's family business had previously ranked near the top of Crain's New York Business' list of largest privately held companies. But this year it has fallen from number three to number 40 after the President disclosed the organisation's revenue to federal regulators. While the Trump Organization claimed $9.5bn (£7.2bn) in sales last year, Mr Trump's public filings suggest revenues of less than a tenth of that amount, between $600m (£450m) and $700m (£530m). Big Surprise ... Donald Trump LIED
more proof that he didn't go in to politics to make money, it's cost him money. thank you. A tough New York real estate market, a costly lawsuit and an expensive presidential campaign all contributed to the declining fortune of the 45th president. After months of digging through financial disclosures and public property records and conducting dozens of interviews, Forbes now estimates POTUS' net worth at $3.1 billion, down from $3.7 billion a year ago. He drops to No. 248 in the ranks of the richest people in America, down from No. 156 in 2016. The biggest hit was to Trump's real estate portfolio, which is weighted heavily toward New York City. Values of several Manhattan properties, particularly those on or near Fifth Avenue, have dropped, shaving nearly $400 million off his fortune. Some of his golf properties, including ones in Miami, Ireland and Scotland, have also declined in value, as some would-be guests stayed away, apparently offended by the president's politics and bombast. Trump's cash pile is down an estimated $100 million since last year, after he spent $66 million on his campaign and $25 million settling a lawsuit over Trump University. As always, we refined our estimates based on new information uncovered during months of reporting. A handful of Trump's assets rose in value in the past year, including the hotel-condo tower in Las Vegas that he owns with fellow Forbes 400 member Phil Ruffin and his minority stake in a downtown San Francisco office building, which continues to benefit from the red-hot real estate market there.
i campaigned for him beginning at Cpac. he's president. see, i think hillary was/is fooled. heh Ivanka's worth around 770 M though, so she won't become the first woman President to get rich. Yippeee
I suppose you're desperate and willing to do anything to distract from the fact the economy is doing fantastic, the wall has begun, and world respects us again. Pathetic fail.
One thing is for sure, complex issues like these shouldn't be left to the intellectually vacant, or the biased fake news industry profiting from their click bait.
Now that we've got a little more look at the man behind the curtain, it's clear the Trump actually did go into politics for the money. No one will lend him money anymore because of all his bankruptcies. His only business was renting out his name. He won't reveal how much he owes, so his net worth could be negative. His business will benefit from government money because he has publicly claimed to be removed from their operation yet he steers people and companies to the few properties he does own simply by being there. His businesses will have access to borrowing simply because he is president and his legal issues(i.e. self-dealing through the Trump Foundation) have been put on hold. Basically, he has another 3 years to steal.
