That doesn’t mean his business has been steady. At the heart of the president’s empire, in midtown Manhattan, Trump Tower and neighboring 6 East 57th Street together lost an estimated $64 million in value. Gucci’s lease at Trump Tower expires in seven years, according to a document obtained by. With e-commerce continuing to take customers from brick-and-mortar locations, it’s hard to see how Trump will sign a new agreement as lucrative as his current one.
Nike vacated 6 East 57th Street last year. Fortunately for the president, he is still collecting rent. Jewelry giant Tiffany is covering some of the cost by subleasing from Nike, and the shoe-and-apparel maker’s new landlords are making up the difference, according to a source familiar with the deal.
The value of Trump National Doral Miami, the commander-in-chief’s highest-grossing golf property, dropped an estimated $26 million over the last year.The golf resort, which had previously drawn much of its clientele from the left-leaning Northeast, lost 100,000 booked room nights after Trump won the election, according to a source who knows the business.
There are bright spots in the president’s portfolio. His 30% stakes in two skyscrapers, 1290 Avenue of the Americas in New York City and 555 California Street in San Francisco, are up an estimated $160 million in the last year. Trump owns both buildings alongside publicly traded Vornado Realty Trust. In Las Vegas, the president disclosed a loan tied to the Trump International Hotel shortly before the 2016 election.
Hopefully he'll be next to Cosby soon.
MAKE AMERICA GREAT AGAIN !!!
BS
this is totally okay.
Or did he?
It’s pretty easy to move up on the billionaires list when you’re steal money from the United States like Donald Trump is doing every day
Call BS until we see his actual tax returns
We are Iraqi refugees in Turkey, we face unknown fate becuse of the delay of processing our cases since 2013/2014 till now, We Ask you for an urgent solution StandWithIraqiRefugees.
He'll have fun spending it in a federal prison.
Im not a billionaire
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Is the Trump brand worth $4 billion?CNN News, delivered. Select from our newsletters below and enter your email to subscribe. 😂trying too hard stop the foolery realDonaldTrump
Source: CNN - 🏆 4. / 95 Read more »
Fed to stop shrinking portfolio this year, Powell saysThe Federal Reserve will stop shrinking its $4 trillion balance sheet later this... Powell Put
Source: Reuters - 🏆 2. / 97 Read more »
'Critical Role' fans shell out $4 million for Kickstarter campaign for animated Dungeons & DragonsWithin an hour of the Kickstarter campaign going live, 'Critical Role' secured more than $1 million in funding. As of this posting the campaign had earned more than $4 million from more than 30,000 backers. Yoooooo we made the real news!!!
Source: CNBC - 🏆 12. / 72 Read more »
Supreme Court lets stand $4-million verdict against L.A. County deputies in shootingThe Supreme Court let stand a $4-million verdict against two Los Angeles County sheriff’s deputies who were searching for a fugitive and mistakenly shot an innocent homeless couple sleeping in a shed behind a Lancaster home.
Source: latimes - 🏆 11. / 82 Read more »
Trump Jumps 51 Spots On Forbes Billionaires ListThe rich don’t always get richer. In the last year, the average net worth of the world’s billionaires fell from $4.1 billion to $4 billion, helping boost Donald Trump from the 766th-richest person in the world to the 715th-richest. Who cares....the obsession about everything Trump is getting so old so fast. Betting on America is a good bet, folks. The rest of the world can't keep up. He's lied about what's he's worth forever
Source: Forbes - 🏆 394. / 53 Read more »
Michael Cohen: President Trump inflated net worth as part of effort to buy BillsCohen testified that Trump inflated his net worth by $4 billion in financial documents he filed during his failed attempt in 2014 to buy the Buffalo Bills. Think of how much better off we would be if the NFL choose him. Instead they thought he was a ConMan and didn't offer him the franchise. realDonaldTrump is making World peace for the US and NK and the FakeNews is plastering a liar testifying about lying and character!! You can’t make this shit up!!! LiberalismIsADisease WWG1WGA PatriotsFIGHT GreatAwakening ShamefulDems Lol he’s snitching about everything now
Source: USATODAY - 🏆 100. / 63 Read more »
Mickey vs Masa: The battle between Uber and Lyft pits two Japanese billionaires against each otherRakuten's $300 million investment in Lyft could be worth close to $4 billion when the ride-hailing company goes public. Insiders are salivating and palms are itching wanting to get rid of their shares at the highest price possible and dump them on retail investors thinking they’re getting a great deal! “A race between early investors to see who can unload their bags on the retail market first” SquawkCNBC 'Tightens' LOL 😂
Source: CNBC - 🏆 12. / 72 Read more »
Here are the top three 'stupid' things millennials waste money on, says Kevin O'LearyIt's no secret that millennials are in debt. Massive debt. The average American aged 25 to 36 years old is in debt to the tune of about $42,000, and most of it isn't even from student loans. MakeIt How much has Kevin pissed away on bottles of wine? MakeIt Haircuts MakeIt “And next up on CNBC, a dinosaur round table about why the proposed plan to divert an incoming comet is a Marxist conspiracy that will cost a kajillion bazillion dollars.”
Source: CNBC - 🏆 12. / 72 Read more »
Volkswagen Said To Plan $1.7 Billion Investment In Ford's Self-Driving Car UnitVolkswagen's influx of capital and equity gives Ford's Argo AI a $4 billion valuation to help the companies commercialize self-driving technology and mobility services. wow.. Money is Honey I love it when corporations talk about future plans that are very far into the future...like mass producing electric cars and doing away with gas driven cars.
Source: Forbes - 🏆 394. / 53 Read more »