Trump now worth $3 billion, according to Bloomberg

July 19th, 2016  |  Source: Bloomberg

Bloomberg released Donald Trump's new net worth on the Bloomberg Billionaires Index:

His worth has increased to $3 billion, up from $2.9 billion a year ago. The story by Caleb Melby shows that while Trump is richer in property - the value of his golf courses and Trump Tower in NYC have risen - his debt has nearly doubled over the past year, up to $630 million in total debt from $350 million in 2015. Trump has sold at least $50 million of stocks and bonds. He also drew down on a $170 million line of credit from Deutsche Bank AG for a hotel project in Washington. Trump has said he will spend $200 million renovating the Old Post Office building, blocks from the White House. Trump's liquid assets shrunk to about $170 million from $225 million. He has also loaned about $50 million to his campaign but doesn't plan on recouping the amount, he said.

About Value News Network

Value is the only commonality in an increasingly complex, challenging and interdependent world.
Laurance Allen: Editor + Publisher