Donald Trump exaggerated his wealth, analysis finds
A new analysis by Bloomberg challenges Donald Trump’s claim that he is worth more than $10 billion. Based on the company’s standardized method for estimating billionaires’ wealth, Trump is worth only about $2.9 billion, even less than Forbes’s estimate of $4.1 billion.
.. “Trump’s golf and resort properties are valued at a combined $570 million, based on price-to-sales ratios for similar properties,” write Bloomberg’s Caleb Melby and Richard Rubin. “Trump said last month that these holdings are worth $2 billion based on the June 2014 figures, without disclosing his methodology.”
.. Trump values his personal brand at $3.3 billion, an estimate that makes clear he is as much a salesman as an investor.