Watson blog

Trump confirms he’d use wealth for presidential race, but how much does he have?


Donald Trump's presidential aspirations carry weight because the real estate mogul is a multi-billionaire-- but it's unclear exactly how much cash "The Donald" really has to spend.Trump told Fox "On the Record"that he's willing to put a "tremendous" amount of personal money into a 2012 bid. "I would put up hundreds of millions if I have to," he said. (View a clip of his comments .)But what of Trump's actual assets?Forbes reported last September that Trump, CEO of the Trump Organization and founder of Trump Entertainment Resorts Inc., had . But Trump argued Forbes had the wrong figure. "Eventually, before I kick the bucket, we'll get the number [my net worth] right. Maybe next year," . "Because it's at least double what you have."But others say Trump and Forbes both have it wrong and Trump has long been misrepresenting his worth.In 2006, Trumpfor writing that Trump's actual worth (then estimated by Forbes to be $2.7 billion) was between $150 to $250 million. In the course of the case, it was revealed that --which Trump called "ridiculous."Then again, Trump suggests he doesn't necessarily hew to any estimates from outside sources.In a Dec. 2007 deposition related to the libel case, Trump said: "My net worth fluctuates, and it goes up and down with markets and with attitudes and with feelings, even my own feeling." The suit was .Though Trump has enjoyed much success in his real estate ventures, and recently with the NBC smash hit "The Apprentice" (which significantly boosted the Trump brand), he's had his share of financial and real estate problems over the years. Trump Entertainment Resorts has , for example.If Trump chooses to run for president, he'll finally put an end to the rumor mill about his assets. All presidential candidates are required to file a personal financial disclosure report. Though it may appear unlikely that a man who for years has tightly controlled information about his net worth would be willing to put himself under a microscope, he at least suggested last week that it's a possibility."This theory of a very successful person running for office is rarely tested because most successful people don't want to be scrutinized or abused ... and this is why we don't have the kind of people that we we should have running for office," Trump said Thursday as hein Washington, D.C. "This is the kind of person the country needs and we need it now."(Photo of Trump: Alex Brandon/AP)Writers Block 4 .Volume Two .Rain Dance remix .King for A Day Fool for A Lifetime .Do You Think You're Special (disc 1)