Politics

Trump Claims His Personal Brand Is Worth $100 Billion

GENEROUS ESTIMATE

The president included the bizarre claim in his lawsuit against the New York Times.

Former U.S. President Donald Trump speaks to members of the media at Manhattan Supreme Court
Curtis Means/via REUTERS

President Trump claimed his personal brand is worth $100 billion in his $15 billion lawsuit against The New York Times filed Monday evening. Describing the figure as “reasonably estimated,” the suit says “the injury to President Trump’s business and personal reputation inflicted by [The Times] threatens to continue, thereby causing massive economic damage to his brand value and significant damage and injury to his future financial prospects.” Though Trump claims his personal brand is “$100 billion,” more official estimates put him at about one thirteenth of that amount. As of September 16th, Forbes and Bloomberg estimated the president’s net worth between $7.3 and $7.7 billion. The suit takes aim at a book and three articles published by The Times that were critical of Trump. Trump’s lawyers argue that the book, Lucky Loser: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success, aimed to dismantle the notion that Trump is a brilliant businessman.

Read it at US Courts