Today, we are going to share with you all we know about President Donald Trump’s Net Worth. Trump, in May, released his Personal Financial Disclosure (PFD) forms with the Federal Election Commission (FEC).
Trump said that “I filed my PFD, which I am proud to say is the largest in the history of the FEC,”. Below are what Trump PFD revealed, which is believed to be Donald Trump’s Net Worth.
President Donald Trump’s Net Worth Rundown
From his Personal Financial Disclosure PFD, Trump had the following:
(1). $1.4 billion in assets. These includes 40 Wall St, the Trump Tower, golf course resorts in Florida, NY, NJ and Scotland and an aircraft, all which are valued at over $50 million. You take a a detailed look at President Donald Trump Companies.
(2). Over $300 million in income from the golf courses and resorts.
(3). More than $100 million in rental income and sales from his property.
(4). At least $25 million in Blackrock’s Obsidian fund.
(6). Liabilities, which include debt of $50 million or more on each of the following:
- The Trump Tower
- 40 Wall Street
- Trump National Doral
- Trump International Hotel
- Trump Old Post Office.
Fortune magazine say Trump is worth $3.9 billion, up from $3.7 billion in 2015. Fortune states the revenue he discloses in the PFD does not fit someone with a net worth of $10 billion.
Meanwhile, The Bloomberg Billionaires Index estimated Trump to be worth $3 billion, up from $2.9 billion in 2015. While Forbes recently reduced its estimate of Donald Trump’s net worth to $3.7 billion, down from $4.5 billion earlier this year.
However, during Trump’s campaign, he mentioned the size of his wealth. He said this when announcing his Presidential bid in 2015. “I’m really rich. I’ll show you in a second. I’m not saying that in a bragging way,”.
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