Legal
Trump Inflated Wealth by as Much as $3.6 Billion a Year, NY Says
- State’s new figure is even higher than previous $2.2 billion
- AG vows ‘mountain of evidence’; Trump calls it partisan attack
Donald Trump Jr., Donald Trump and Eric Trump.
Photographer: Ethan Miller/Getty ImagesDonald Trump exaggerated his net worth by as much as $3.6 billion a year by inflating the value of his biggest assets, New York’s top law enforcement officer said in a court filing that sharply increased an estimate she released last week.
In a filing Friday in her civil fraud lawsuit against Trump, New York Attorney General Letitia James alleged that he regularly overstated his net worth from 2011 to 2021 by billions of dollars almost every year. For seven of those years, she claimed, he inflated his wealth by more than $3 billion. She called it part of a “mountain of evidence” she has against the former president.