Tipsheet

Forbes Editor Reveals How Much Magazine Believes Trump Is Really Worth

Discussing Donald Trump’s wealth on MSNBC’s “Morning Joe,” editor of Forbes Magazine Randall Lane dismissed rumors that Trump may only be worth $200 million, noting that he is indeed a billionaire. But the $10 billion figure Trump claims he’s worth? Not even close, Lane said.

“He’s worth $3.7 billion based on the findings we’ve been spending most of the last year. We’ve been given an audit. We have 35 years, we’ve been tracking Trump's wealth since the Forbes 400 started. So we have years and years, decades and decades, there’s no assets that are hiding that we don’t know about. We’ve been tracking him since before anybody knew who he was. He’s worth a lot less than he says. He's worth a lot less than last year. He’s down $800 million. But he is a billionaire. He's worth -- again we think 3.7"