Wednesday, November 23, 2011

In New Book, Trump Releases Finances, Doesn't Rule Out 2012 Run




by Fox News

In his new book, "Time To Get Tough" - Donald Trump does one of the things critics said he would never do in his flirting with running for president -- and that is disclose his financial statement.

Trump also says he hasn't ruled getting into the race later, and recently added in an interview, especially if Republicans choose the "wrong candidate."

Fox News obtained a copy of the book, and in the Afterword section, Trump writes on his finances:

"I was so close (to running) that I had already prepared the Public Financial Disclosure Report required of a presidential candidate. That's a big deal because the Trump Organization is a private company, and people don't know what I'm really worth. So, I had the independent firm Predictive, which is used by government agencies and top companies like GM, Visa, Pfizer, and others, prepare valuations on branding, and we filled out the other areas of the long and complex presidential Public Financial Disclosure Report."

He shares three pages from the disclosure in the book.

Here's a summary of those pages:

*Trump's Net Worth: $7,004,900,000.

$3 Billion of that is from what is estimated as "Brand Value" -- "The Trump Brand Value has been established by Predictive, the highly respected brand valuation company, measuring the financial impact of intangibles such as brand, strategy execution, innovation, and post-merger integration. Other Predictive Clients include: Visa, Southwest Air, Pfizer, GM, UPS, and Major League Baseball."

*According to this disclosure statement -- Trump has $270,300,000 Cash and Marketable Securities on hand.

*Real Estate owned 100% by Trump -- more than $3.2 Billion dollars worth.

*Real Estate partially owned by Trump -- more than $900,000,000.

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