Donald Trump Claims That He's Worth $10 Billion

This version of Donald Trump Claims Hes Worth 10 Billion N392706 - Politics and Government | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.

His team offered a press release but not the full FEC documentation
Get more newsDonald Trump Claims Hes Worth 10 Billion N392706 - Politics and Government | NBC News Cloneon

Donald Trump's campaign claims that he is worth over $10 billion and that he made $362 million in income last year.

His campaign made the estimate in a press release announcing that he has filed his personal financial disclosure information with the Federal election Commission. But in the statement, Trump's campaign itemized only about $50 million of his assets, including profits from stock sales and hedge and mutual fund investments.

Trump's team also made a point to lament that the FEC's personal financial disclosure form doesn't allow for a full reflection of Trump's cash.

"This report was not designed for a man of Mr. Trump's massive wealth," the press release stated. "For instance, they have boxes once a certain number is reached that simply state $50 million or more. Many of these boxes have been checked. As an example, if a building owned by Mr. Trump is worth $1.5 billion, the box checked is '$50,000,000 or more.'"

Trump did not make the entirety of his personal financial disclosure available to the public or to NBC News, although his campaign indicated that it was filed to the FEC Wednesday. The FEC has 30 days to release the information to the public.

When he announced his presidential candidacy last month, Trump cited his net worth as $8.7 billion. The campaign says that figure was out of date and that the increase is due in part to increasing real estate values in New York City, San Francisco and Miami.

But analysts have suggested that the real number is likely much less than that. Forbes, which has been tracking his finances for more than 30 years, estimates that his net worth is closer to $4.1 billion, less than half of Trump's figure.

×
AdBlock Detected!
Please disable it to support our content.

Related Articles

Donald Trump Presidency Updates - Politics and Government | NBC News Clone | Inflation Rates 2025 Analysis - Business and Economy | NBC News Clone | Latest Vaccine Developments - Health and Medicine | NBC News Clone | Ukraine Russia Conflict Updates - World News | NBC News Clone | Openai Chatgpt News - Technology and Innovation | NBC News Clone | 2024 Paris Games Highlights - Sports and Recreation | NBC News Clone | Extreme Weather Events - Weather and Climate | NBC News Clone | Hollywood Updates - Entertainment and Celebrity | NBC News Clone | Government Transparency - Investigations and Analysis | NBC News Clone | Community Stories - Local News and Communities | NBC News Clone