Tags: trump | name | worth | 3billion

Trump Says His Name Worth $3 Billion

Monday, 21 Nov 2011 05:36 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

NEW YORK - What's in a name? About $3 billion, if you happen to spell it T-r-u-m-p.

Real estate mogul, reality television star and author Donald Trump estimates his net worth at $7 billion in a forthcoming book.

In his latest tome, Trump, known for promoting everything from his real estate projects to board games, vodka and reality TV shows, spells out his net worth, coming up with a figure billions more than Forbes magazine, which in September put the amount at $2.9 billion.

Much of the $4 billion-plus discrepancy lies with something Trump calls "brand value," in the financial detail contained in "Time to Get Tough," due out Dec. 5.

Editor's Note: Pre-order your copy of Trump's book today with Amazon -- Click Here Now

On page 182, Trump lists holdings including $1.37 billion in New York City commercial properties and $1.22 billion in club facilities and related real estate. Liabilities include some $374 million in loans and mortgages.

At $3 billion his biggest asset -- by far -- is brand value, which according to a note "has been established by Predictiv, the highly respected brand valuation company."

The company, the note continues, "measures the financial impact of intangibles such as brand, strategy execution, innovation and post-merger integration."

In its latest look at his finances Forbes conceded that "yes, Trump remains adamant that Forbes is underestimating his brand value" -- which they put at $200 million.

His response: "You're ridiculous," Forbes reported.

Editor's Note: Pre-order your copy of Trump's book today with Amazon -- Click Here Now
 

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved