New claim on Trump’s wealth
New York Attorney General Letitia James has filed a $250 million lawsuit against Trump, his children and the Trump Organization, alleging that Trump’s annual net worth has risen billions of dollars more than his office had previously estimated.
James previously claimed that Trump disclosed his personal wealth $2.2 billion more than he should have. However, after accounting and valuation experts ruled on the matter, he suggested to the court that Trump had overdisclosed his fortune by some $3.6 billion.
“TRUMP ESTABLISHED A GLOBAL COMPANY EMPIRE”
In his defense, Trump’s lawyers challenged the Attorney General’s estimates, while the documents claimed that Trump’s net worth is billions of dollars more than his office claimed. “President Trump has built a multi-billion dollar global corporate empire backed by one of the world’s most recognizable and powerful brands,” the defense attorneys said. he made the statement of it.
James’ claim is similar to previous claims about Trump’s wealth. Trump has previously been criticized for claiming his personal wealth is greater than he actually is. (AA)