Why We Took Trump Off The Forbes 400 During His Decade Of Tax Losses - News Summed Up

Why We Took Trump Off The Forbes 400 During His Decade Of Tax Losses


Donald Trump appeared alone on the cover of Forbes magazine for the first time on May 14, 1990. If our estimates are substantially correct — and we think they are generous — Donald Trump's current net worth is about $500 million. Ordinary hotels these days go for under 10 times cash flow, and world-class properties have been recently evaluated at 13 times cash flow. The biggest hole in Trump's net worth claims probably lies on Manhattan's Upper West Side. When Donald Trump looks back some day, this artist of the deal may well remember 1990 as the toughest year of his life.


Source: Forbes May 08, 2019 17:03 UTC



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