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Who is Donald Trump? All that you should know about him! – Donald Trump Worth!

Donald Trump is a Real-Estate Builder, Business magnate, investor, television personality and author. Donald Trump has recently gotten involved in lots of…

By Administrator in News on March 6, 2016

Donald Trump is a Real-Estate Builder, Business magnate, investor, television personality and author. Donald Trump has recently gotten involved in lots of stuff not related to real estate. E.g the TV show “The Apprentice” and Republican politics.

Donald Trump has built an extensive personal brand, mostly around his real estate dealings.  The brand also includes lines of clothing and mattresses and more.  The Trump brand is marketed as a luxury brand.  While he has diversified into a variety of products, the main focus has always been real estate.  He owns several buildings, particularly in New York City where he’s from.

 

Source - Pinterest
Source – Pinterest

 

Donald Trump is now running as a candidate for the Republican nomination for President of the United States in the 2016 election. Trump is also chairman and president of The Trump Organization and is also a founder of Trump Entertainment Resorts, a gaming and hotel enterprise.

His business activities, television work, outspoken manner, and personal life have made him an international celebrity.

Trump first ran for President of the United States in 2000, winning two Reform Party primaries. On June 16, 2015, Trump announced his decision to run again for President, this time as a Republican. On Super Tuesday in March 2016, Trump won Alabama, Arkansas, Georgia, Massachusetts, Tennessee, Vermont, and Virginia, solidifying his status as the Republican front runner.

 

How much is Donald Trump Worth?

The 65-year-old businessman Donald Trump recently reported his net worth as $7 billion as president of The Donald J. Trump Foundation. Trump recently filed his 2010 return with the Internal Revenue Service, the return shows for the second year Trump donated nothing to his foundation which was formed in 1987. The Trump charity has been funded in recent years by $5 million in donations from World Wrestling Entertainment. The foundation received the seven figures in return for Trump’s involvement in a couple of WWE story lines, which included promotion of a pay-per-view WrestleMania event. IRS records show that Trump has donated just $675,000 to his foundation.

 

To conclude, Trump’s financial disclosures reveal two things. First, his financial holdings are complex and therefore prone to fluctuation, depending on how the numbers are calculated. Second, most major news outlets, agree he is a billionaire but closer to $2 billion or $4 billion. Therefore, the $10 billion figure Trump uses in stump speeches is likely an exaggeration.

[1] Max Ehrenfreund, “The Real Reason Donald Trump is so Rich,” The Washington Post, September 3, 2015, The real reason Donald Trump is so rich

[2] “Forbes The World’s Billionaires,”Donald Trump

[3] Caleb Melby, “Here’s Our Tally of Donald Trump’s Wealth,” Bloomberg News, July 28, 2015,  Here’s Our Tally of Donald Trump’s Wealth

 

 

Cover Image Source – mic.com

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