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Trump's Net Worth Falls for 2nd Consecutive Year

It's now at $2.8B
By Janet Cromley,  Newser Staff
Posted May 31, 2018 7:38 PM CDT
This Dec. 21, 2016, file photo shows the Trump International Hotel at 1100 Pennsylvania Avenue NW, in Washington, DC.   (AP Photo/Alex Brandon, File)

(Newser) – President Trump’s net worth declined $100 million over the past year, to $2.8 billion, reports Bloomberg. The figures were based on data from property records, annual reports, financial disclosures and other market information compiled by the Bloomberg Billionaires Index, which provides a daily ranking of the world’s richest individuals. Trump’s net worth is down for the second consecutive year and is at its lowest level since Bloomberg started tracking in 2015. According to Bloomberg, the biggest hit to Trump’s net worth appears to stem from falling revenue at Trump Tower, where occupancy has declined, and at 6 E. 57th Street, former home of a Niketown store. Click for the full story. (Read more President Trump stories.)

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