news 9 months ago

Trump's Net Worth Falls for 2nd Consecutive Year

Newser — Janet Cromley

President Trump’s net worth declined $100 million over the past year, to $2.8 billion, reports Bloomberg. The figures were based on data from property records, annual reports, financial disclosures and other market information compiled by the Bloomberg Billionaires Index, which provides a daily ranking of the world’s richest individuals.

Trump’s net worth is down for the second consecutive year and is at its lowest level since Bloomberg started tracking in 2015. According to Bloomberg, the biggest hit to Trump’s net worth appears to stem from falling revenue at Trump Tower, where occupancy has declined, and at 6 E. 57th Street, former home of a Niketown store.

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