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Long IslandPolitics

Trump's net worth tops $7B, sources say

WASHINGTON -- Donald Trump, who has said he looks forward to filing disclosure statements if he becomes a presidential candidate, has a net worth of more than $7 billion, sources told Politico.

That is far higher than the $2.7 billion that Forbes Magazine valued his net worth to be last month.

"If and when Donald Trump announces his decision to run for the office of the presidency, he will be filing financial disclosure statements that will show his net worth is in excess of $7 billion with more than $250 million of cash, and very little debt. He is very, very liquid," said a source with knowledge of Trump's financial holdings.

There has been speculation that Trump might self-finance a campaign, but he also has said that he intends to seek contributions from supporters.

Candidates for the presidency are required to file detailed financial disclosure statements within 30 days of running for the office.

The detailed nature of the filings has prompted questions about whether Trump would go through with disclosure. He never has given a hard figure of his net worth, and has stopped at saying publicly that his "brand alone is worth $5 billion." -- Politico

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