Lakhota
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- Jul 14, 2011
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Campaign exaggerations are as much a part of politics as kissing babies. In announcing his bid for the Republican presidential nomination this morning, Donald Trump started with what Forbes believes is a whopper. He claimed his net worth was nearly $9 billion. We figure it’s closer to $4 billion — $4.1 billion to be exact.
This discrepancy is noteworthy, since Trump’s financial success – he put his fortune at exactly $8,737,540,000 — is core to his candidacy. “I’m proud of my net worth. I’ve done an amazing job,” said Trump at his circus-like announcement, before referencing his autobiography. “We need a leader that wrote ‘The Art of the Deal.”
Since 1982, Forbes has been tracking Trump’s net worth in great detail. That’s more than thirty years. Over those decades, we have worked both with him and outside experts who can help us come up with a fair market valuation of his assets. Every year, Trump shares a lot of information with us that helps us get to the figures we publish. But he also consistently pushes for a higher net worth—especially when it comes to the value of his personal brand.
Much More: Trump Exaggerating His Net Worth By 100% In Presidential Bid - Forbes
Wow, exaggerating his net worth by 100% is quite a stretch.
This discrepancy is noteworthy, since Trump’s financial success – he put his fortune at exactly $8,737,540,000 — is core to his candidacy. “I’m proud of my net worth. I’ve done an amazing job,” said Trump at his circus-like announcement, before referencing his autobiography. “We need a leader that wrote ‘The Art of the Deal.”
Since 1982, Forbes has been tracking Trump’s net worth in great detail. That’s more than thirty years. Over those decades, we have worked both with him and outside experts who can help us come up with a fair market valuation of his assets. Every year, Trump shares a lot of information with us that helps us get to the figures we publish. But he also consistently pushes for a higher net worth—especially when it comes to the value of his personal brand.
Much More: Trump Exaggerating His Net Worth By 100% In Presidential Bid - Forbes
Wow, exaggerating his net worth by 100% is quite a stretch.