JULY 16 (Reuters) — U.S. Republican presidential candidate and real estate magnate Donald Trump said on Wednesday (July 15) his net worth has risen to more than $10 billion, and he earned $362 million in 2014.
Trump gave the numbers to the Federal Election Commission in a finance declaration required of candidates.
Also a TV host, Trump said only last month when he announced his candidacy for the November 2016 White House race that he was worth almost a net $9 billion.
“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 filing said.
But Forbes magazine, which closely tracks his finances, says Trump has hugely exaggerated his net worth, putting the figure on Wednesday at $4 billion.
Trump has taken a hit for statements he has made since announcing his candidacy for president. Major companies cut ties to him over comments he made describing Mexican immigrants as rapists.
Univision refused to broadcast the Miss USA pageant co-owned by him. And the Comcast Corp-owned NBC television network, Macy’s Inc department store chain, mattress maker Serta and the NASCAR stock car racing organization cut ties with him.
In his filing on Wednesday, Trump complained that the FEC’s financial disclosure process could not accurately reflect the size of his wealth because, for example, to declare ownership of a building worth $1.5 billion he had to check a box labeled $50 million or more.
“This report was not designed for a man of Mr. Trump’s massive wealth,” the filing said.
During 14 seasons of the TV show “The Apprentice,” Trump was paid $213 million, it said.
Trump earned $27 million from the short-term trading of multiple stocks that he sold in January 2014.
