Donald Trump Plans To Say He Is Worth $9 Billion

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Real estate mogul Donald Trump is expected to disclose on Tuesday that he is worth about $9 billion after announcing whether he’ll seek the presidency, The Washington Post reported Monday.

“The Apprentice” host has been suspected of trumping up his net worth in the past. He told a New York Times reporter in 2005 that he was worth “five to six” billion dollars, while three unidentified individuals with direct knowledge of The Donald’s finances told the same reporter they believed his net worth was actually somewhere between $150 million and $250 million.

To correct the record, Trump sued the reporter, Timothy O’Brien, and his book publisher, Warner Books, to the tune of $5 billion. Trump argued in that suit that his net worth was really $2.7 billion. The suit was later dismissed.

Should he announce that he’s running for President, Trump would likely use the disclosure to prove that he can translate success in the boardroom to the Oval Office. An estimated net worth of $9 billion would certainly put him at the top of the pack of presidential contenders when it comes to wealth. Former Hewlitt-Packard CEO Carly Fiorina disclosed earlier this month that she and her husband are worth $59 million, putting her at a distant second to Trump’s reportedly self-declared net worth.

As of Monday, Forbes estimated Trump’s total net worth at $4.1 billion, less than half of what he’s expected to disclose following his 2016 announcement rally at Trump Tower in New York City.

ABOUT THE AUTHOR

Catherine Thompson is a senior editor for Talking Points Memo in New York City. She came to the site in 2013 and reported on national affairs. Previously, she worked as a research assistant to investigative reporter Wayne Barrett. She can be reached at catherine@talkingpointsmemo.com.

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