Donald Trump has an inflated view of his assets. The president’s family business is worth about one-tenth of the value he has claimed, according to an analysis of the latest figures he has filed with the federal government.
Some of the discrepancy is due to a downturn in business, but the rest is credited to an overheated imagination, according to Crain’s New York Business reporter Aaron Elstein, who examined the numbers.
Elstein told NPR he feels a bit like he was played.
In 2016 the Trump Organization reported nearly $9.5 billion in revenues. But recent public filings by the president indicate that the company actually earned only as much as $700 million that year, Crain’s said.
https://www.yahoo.com/news/trump-family-business-worth-fraction-130141786.html
