On the 2016 campaign trail, Donald Trump has insisted that he is worth more than $10bn. However, a statement filed to the Securities and Exchange Commission by Wells Fargo Securities on Trump’s behalf in 2012 indicated that the real estate developer was then worth less than half that, with comparatively few of the liquid assets that may now finance his campaign for president.
In the document, which concerned the securitization of commercial mortgages on properties including Trump Tower in New York City, Trump was described as being worth more than $4.2bn, with liquid assets of more than $250m…READ MORE
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