Donald Trump Says His Net Worth Is More Than $10 Billion

Donald Trump continues to make headlines since his presidential announcement last month. On Wednesday, Trump issued a statement claiming that his net worth was now in excess of $10 billion.

Donald Trump Claims Worth Over $10 Billion

Trump’s statement noted the filing of his financial disclosure report with the Federal Election Commission, a requirement of presidential candidates. “First people said I would never run, and I did. Then, they said, I would never file my statement of candidacy with the FEC, and I did,” Trump said in a statement. “They said I would never file my personal financial disclosure forms. I filed them early despite the fact that I am allowed two 45 days extensions.”

Observers laughed at the fact that the Trump statement included his net worth in all caps: “Mr. Trump’s net worth has increased since the more than one year old financial statement produced at his presidential announcement. Real estate values in New York City, San Francisco, Miami and many other places where he owns property have gone up considerably during this period of time. His debt is a very small percentage of value, and at very low interest rates. As of this date, Mr. Trump‟s net worth is in excess of TEN BILLION DOLLARS.”

Trump’s campaign pointed out that the FEC’s disclosure forms couldn’t capture Mr. Trump’s full fortune. “This report was not designed for a man of Mr. Trump’s massive wealth,” his campaign noted.

Trump has announced that he would finance his own run. He loaned his campaign $1.8 million of the $1.9 million it raised in the second quarter, according to his campaign finance report, which he filed separately on Wednesday.

The Trump campaign did not release the actual disclosure that had been filed with the Federal Elections Commission, but the F.E.C. has up to 30 days to make such a disclosure public.