Donald Trump Claims Net Worth Over $10 Billion as He Files Disclosure
Source: Bloomberg
Jul 15, 2015 2:55 PM EDT
by Richard Rubin
Republican presidential candidate Donald Trump claimed a net worth exceeding $10 billion and a 2014 income of $362 million as he filed his financial disclosure with the U.S. government.
“This report was not designed for a man of Mr. Trump’s massive wealth,” his campaign said in a news release. “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.”
Trump, a real estate developer, property owner and media personality, claimed a net worth of $8.7 billion last month. In Wednesday’s statement, Trump’s campaign said that number was actually more than a year old.
The Trump campaign didn’t release the actual form that he filed with the Federal Election Commission, and campaign spokeswoman Hope Hicks referred a reporter to the FEC. The FEC has 30 days to release forms publicly after they are filed and reviewed. It won’t confirm whether Trump’s has been received.
Read more: http://www.bloomberg.com/politics/articles/2015-07-15/trump-claims-net-worth-over-10-billion-as-he-files-disclosure
Donald Trump just filed his financial disclosure. But we still won’t know his true worth.
By Philip Bump July 15 at 3:28 PM
When he announced that he was finally, actually running for president, Donald Trump held up a sheet of paper that outlined how much he was worth. "I have assets," he said, clenching a sheet compiled by a "big accounting firm, one of the most highly respected," of "9 billion, 240 million dollars." Less $500 million in debt, his net worth was a tidy, precise $8,737,540,000 (if you don't mind his accepting his contention that his "brand" and licensing was worth a third of that total).
That was on June 16. On Wednesday, less than a month later, he issued a press release stating that he'd filed a more detailed list with the Federal Election Commission. His net worth now, after being dropped by sponsors and battered in the press? $10 billion.
No, there's not a billion dollars in fast money to be found in anti-immigrant rhetoric. Trump claims that the difference stems from the real-estate valuations that he used in June being a year out-of-date. Then, the big accounting firm pegged the value of the properties he owned at about $4.3 billion. Since then, it's apparently jumped a billion dollars in value. (Which, to be fair, he vaguely alluded to in his speech.)
The line in Trump's release that has garnered the most -- completely justified -- snickering is the declaration that the FEC's report detailing income and assets "was not designed for a man of Mr. Trump‟s massive wealth." Un-humblebrag though it is, it is also demonstrably true. And that's why Trump's team was very careful to note that the new $10 billion figure comes from real estate. Because the vagueness of the form means that most of Trump's value will remain out of sight.
= new reply since forum marked as read
I mean, think about it...
he's outta control...just what we need in the WH...
thinking that he'll save us from the rapists and terrorists
IMO, I have no doubt he's lying! 
I stand corrected!
Spend all the money! You're not a loser are you? Are you scared? Go all in on this!
