In the AP article Trump sues writer, publisher for allegedly understating wealth
Donald Trump has filed a multibillion dollar lawsuit against the author and publisher of “TrumpNation: The Art of Being The Donald,” claiming the book knowingly understated the celebrity businessman’s wealth.
“The thrust of the book is that Trump is an unskilled and dissembling businessman,” the complaint states. At an event promoting his book at a Manhattan store in November, the lawsuit says O’Brien called Trump a “train wreck” of a businessman and “the walking embodiment of financial pornography.”
The book claims his net worth is between $150 million and $250 million. Trump’s suit suggests his fortune is closer to $2.7 billion. The lawsuit is for $5 billion or nearly twice his net worth today [The Independent].
This is all smells of a PR ploy of which he is the master. How can Trump prove the writer wrong unless he fully discloses his financial statements? Isn’t this a classic “my word/his word”? We can only hope he runs for President to get to the bottom of this.