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LeadershipDonald Trump

Donald Trump announces he’s worth over $10 billion

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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July 15, 2015, 3:29 PM ET
1
Caption:PHOENIX, AZ - JULY 11: Republican Presidential candidate Donald Trump addresses supporters during a political rally at the Phoenix Convention Center on July 11, 2015 in Phoenix, Arizona. Trump spoke about illegal immigration and other topics in front of an estimated crowd of 4,200. (Photo by Charlie Leight/Getty Images) Photograph by Charlie Leight — Getty Images
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Donald Trump, the real estate mogul and 2016 Republican presidential hopeful, has reportedly filed financial disclosure documents with the U.S. government that show he has a net worth that exceeds $10 billion.

Trump’s campaign announced that he had submitted paperwork to the Federal Election Commission Wednesday: “This report was not designed for a man of Mr. Trump’s massive wealth,” the campaign said in a statement. “For instance, they have boxes once a certain number is reached that simply state $50 million or more. Many of these boxes have been checked.”

Last month, Trump, who now leads the polls among Republican candidates for the presidential nomination, said he was worth about $8.7 billion. In a statement Wednesday, his campaign reportedly said that number was over a year old.

Earlier Wednesday, speaking to supporters, Trump attacked other candidates over needing donations to run their campaigns: “Every single person who gave Jeb Bush and Hillary money has something lined up, and it’s not necessarily and probably not at all to the benefit of [the American people],” he said. “Special interests, lobbyists, donors, they all get something.”

Trump also reported 2014 income of $362 million Wednesday.

 

Trump’s candidacy has received much media scrutiny, particularly since he made controversial comments about Mexican immigrants earlier this summer. His comments led to him losing numerous business partnerships with such companies as Macy’s (M) and Univision.

For more about Trump, read what winners of his reality television show The Apprentice said about his leadership qualities. Fortune also wrote about five Trump businesses that failed over the years.

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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