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Trump’s fortune drops $1 billion since last year, Forbes says. That’s despite the fact that Trump had claimed during his election campaign that he was worth "in excess of $10 billion.

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The fortune of Republican presidential nominee and real estate magnate donald trump currently is estimated at some $3.7 billion, while his debts exceed $1.13 billion, said Forbes magazine.

That’s despite the fact that Trump had claimed during his election campaign that he was worth "in excess of $10 billion."

"Instead of paying $16.4 billion in taxes at the 21 percent statutory corporate tax rate," ITEP noted, "these companies enjoyed a net corporate tax rebate of $4.3 billion." Under TCJA.

Trump’s Net Worth Rises to $3 Billion Despite Business Setbacks; The increase in Trump’s wealth reverses two years of declines and brings his net worth back to 2016 levels, according to figures compiled by the bloomberg billionaires index from lenders, property records, securities filings, market data and a May 16 financial disclosure.