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Trump's net worth falls to US$2.9b as properties underperform
Add BT as a preferred sourcePublished Thu, Jun 22, 2017 · 09:50 PM
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New York
US President Donald Trump's office properties are not bringing in as much cash as banks that loaned him money had expected.
That was the biggest finding in an updated assessment of the president's net worth, which has slipped to US$2.9 billion, according to the Bloomberg Billionaires Index, down from US$3 billion a year ago. The calculation, five months after his inauguration, relies on figures compiled from lenders, mortgage documents, annual reports, market data and a new financial disclosure released on June 16.
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