Trump May Be Worth $7 Billion

Politico reports:

Donald Trump, who has said he looks forward to filing disclosure statements if he becomes a presidential candidate, has a net worth of more than $7 billion, sources told POLITICO.

The eye-popping figure is far higher than the $2.7 billion that Forbes Magazine valued his net worth to be last month.

"If and when Donald Trump announces his decision to run for the office of the presidency, he will be filing financial disclosure statements that will show his net worth is in excess of $7 billion with more than $250 million of cash, and very little debt. He is very, very liquid," said a source with knowledge of Trump’s financial holdings.

There has been speculation that Trump might self-finance a campaign, but he also has said that he intends to seek contributions from supporters.

Candidates for the presidency are required to file extremely detailed financial disclosure statements within 30 days of running for the office. Candidates are able to get roughly two extensions, each for 45 days, with the Office of Government Ethics if they have a legitimate reason.

But the detailed nature of the filings has prompted questions about whether Trump would go through with the disclosure process, which elections lawyers all describe as invasive and potentially embarrassing.

Trump himself never given a hard figure of his net worth, amid questions among business reporters about The Donald's value.

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