Forbes believes 28 of Trump s assets lost $800M in value since last year Publication claims Trump Tower and 40 Wall combined to lose $187M
Donald Trump s net worth reportedly checks in at $3.7 billion — $800 million less than the value of his fortune las上海千花网论坛 t year, according to Forbes.
Forbes claims that 28 of the presidential nominee s assets have declined in value in the last year. If you believe the publication, 40 Wall Street, for example, declined $28 million in value. Trump Tower, according to Forbes, is now worth $159 million less than it was last year, having a net value of $371 million. Forbes says Trump Tower has declined due to an estimated 20 percent drop in net operating income and an 8 percent decline in the slowing commercial real estate market.
Trump also gave $7 million of his own money to his campaign and loaned another $48 million to it, which Forbes doesn t think he ll recover.
Forbes methodology for this investigation was not made clear. If the value drops are based on city property assessments, it should be noted that these figures don t necessarily — and often don t — reflect true market value. Beyond that, property values for trophy buildings 爱上海 in Manhattan are increasing in value, not decreasing.
Trump s fortune has been a subject of controversy for several years — and a mystery exacerbated by the candidate s continued refusal to release his tax returns. During Monday’s debate, Trump said his portfolio of properties was valued at $3.9 billion and that he made $694 million in income爱上海同城手机版 last year. Forbes says that s not quite true, claiming he mixed income and revenue. He also noted that he s been audited by the IRS every year for the past 15 years — not that he s complaining. Earlier this year, Bloomberg pegged his worth at $2.9 billion.
In 2013, The Real Deal took a deep dive into the value of Trump s assets. [Forbes] 爱上海同城对对碰 — Kathryn Brenzel
Tags: 40 wall street, Donald Trump, trump tower
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