Similar claims seemed to follow every year. “It shows he’s got more than $500 million in liquid assets, just cash.” We didn’t buy that lofty number, which was more than the Trump family’s entire real estate empire was worth at the time. “I am sitting here looking at his current bank statement,” Cohn told reporter Jonathan Greenberg, who recounted the phone conversation in a 2018 Washington Post article.
In 1982, seeking a higher spot on the inaugural Forbes 400 list of the richest Americans, Trump aimed his lawyer, Roy Cohn, at us. Trump has been exaggerating his stash his whole career. And he has far less than the fanciful sums he’s tried to sell Forbes-and, according to the attorney general, his own lenders and insurers-over the years. But he has less in the bank than many of his fellow real estate billionaires. So, the exact size of Trump’s cash pile has always been something of a closely kept secret.īut filings released Tuesday by New York Attorney General Letitia James, as part of her civil investigation into the Trump Organization’s financial dealings, offer the clearest picture yet: Trump’s liquid assets stood at $93 million in 2020, according to the documents. But Trump doesn’t share those publicly, and his government financial disclosures only required him to list his cash and investments in broad, imprecise ranges. Of the former president’s more than two dozen holdings, much of them tough-to-value real estate, his pile of cash and liquid assets should be the easiest to pin down-you just add up the balances on his account statements.
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