Trump’s net worth falls $100m as asset value dips

Donald Trump’s net worth has fallen by $100m (€90m), to $2.9bn, as his office properties aren’t bringing in as much cash as banks that loaned him money had expected.

That’s the biggest finding in an updated assessment of the US President’s net worth, which has slipped from $3bn a year ago, according to the Bloomberg Billionaires Index.

The calculation, five months after Mr Trump’s inauguration, relies on figures compiled from lenders, mortgage documents, annual reports, market data, and a new financial disclosure released last week.