Other big projects are probably worth less. He’s retained the rights to the commercial spaces at Trump Tower in Chicago, and opted in 2014 to expand its hotel lobby into what were originally meant to be revenue-generating retail spaces. And New York condominium buildings—Palace, Parc, Place and Plaza—hold little to no value after their units were sold.
Trump has 30 days after an announcement to file a listing of his assets—and liabilities—with the Federal Election Commission. He can seek two 45-day extensions, and those are granted routinely. That means it will be mid-October before Trump reaches the put-up or shut-up moment on giving the public a peek at his personal finances.
If he runs, Trump will be among the few candidates who have never disclosed their finances. Hillary Clinton, Ted Cruz, Rand Paul and Rick Perry have all either been federal office holders or candidates before. Others, including Jeb Bush, Chris Christie and Scott Walker, have released some financial information voluntarily or under state laws.
Even if Trump does complete a federal personal financial disclosure form, he won’t have to disclose everything about his finances: None of his homes, cars, boats and other personal property must be listed, unless they produce income. He also won’t have to show his tax returns or any assets that are held by his adult children.
But who’s counting?