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Inside Trump’s Lies And Exaggerations In His New York Times Lawsuit
Forbes· 2025-09-19 21:28
Core Points - Donald Trump has filed a $15 billion defamation lawsuit against The New York Times, Penguin Random House, and several writers, claiming that their reporting has harmed his business and celebrity image [2] - A federal judge dismissed Trump's lawsuit, stating that the complaint was excessively lengthy and self-serving, and provided Trump with 28 days to refile a more concise version [3] - Trump's claims about the value of his brand and properties are often exaggerated, with his legal team asserting a worth of over $100 billion, while Forbes estimates his net worth at $7.3 billion [4] Company and Brand Valuation - Trump's brand is valued by Forbes at $500 million, with additional valuations including a $2 billion stake in Truth Social and $1.047 billion from cryptocurrencies, totaling over $3 billion [4] - Trump's Mar-a-Lago estate is claimed to be worth $1.8 billion by Trump, but Forbes estimates its value at about $500 million based on property tax assessments and market evaluations [6] - Trump lists several properties in his lawsuit that he does not own or operate, including 1290 Avenue of the Americas, where he holds only a passive 30% stake [7][8] Misrepresentation of Assets - Trump has inflated his real estate portfolio by listing the same property multiple times and claiming ownership of buildings that have removed his brand [9][10] - Properties like Trump World Tower and the Grand Hyatt Hotel are cited as part of his portfolio, but Trump's actual ownership stakes are minimal or non-existent [10]