These are not very good times for Donald Trump as his finances have been negatively affected. According to Forbes, Donald Trump's finances tumbled from $4.5 billion as at last year to $3.7 billion in October, 2016. A staggering $800 million reduction sent Trump 35 spots down to 156th position on the Forbes list of 400 wealthiest Americans.
Although Trumps claims to be worth over $10 billion dollars, the softening of the New York real estate market contributed immensely to Trump's declining funds and the value of the Trump tower dropped from $207 million to $69 million. The property also carries a debt of $50 million.
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