Trump's Net Worth Drops to $2.8 Billion, Lowest Since 2015
- Golf courses, Trump Tower in Manhattan lost value last year
- Value of Washington hotel jumped $30 million as debt decreased
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President Donald Trump’s net worth slipped to $2.8 billion, a decline of $100 million over the past year, as revenue at his namesake Fifth Avenue tower and golf courses fell.
The drop, the second in two years, is based on figures compiled by the Bloomberg Billionaires Index from lenders, property records, annual reports, market data and a May 16 financial disclosure. It occurred as Trump began his second year in the White House and his name was stripped from buildings in Toronto, Manhattan and Panama.