Donald Trump Overstated Wealth By $7 Billion Says Bloomberg
A new report from Bloomberg says that Donald Trump has overstated his wealth by at least $7 billion. His wealth is closer to $2.9 billion according to the company’s estimates.
The Bloomberg Billionaires Index tracks the wealth of the world’s billionaires on a daily basis.
As part of his campaign to win the Republican nomination, Trump declared that he was worth more than $10 billion, mostly in real estate. He listed $3.3 billion of that as the “value of his name” – which is not included in Bloomberg’s estimates.