Trump’s Net Worth Slips to $2.9 Billion as Towers Underperform
- Three New York buildings aren’t hitting appraisal targets
- Revenue at resorts and golf courses up 3% as debt shrinks
Trump's Net Worth Slips as New York Towers Underperform
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Donald Trump’s office properties aren’t bringing in as much cash as banks that loaned him money had expected.
That’s the biggest finding in an updated assessment of the president’s net worth, which has slipped to $2.9 billion, according to the Bloomberg Billionaires Index, down from $3 billion a year ago. The calculation, five months after Trump’s inauguration, relies on figures compiled from lenders, mortgage documents, annual reports, market data and a new financial disclosure released June 16.