Trump's net worth fell $100 million over the a year ago

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Trump's revised 2018 net worth of $2.8 billion does not qualify him for Bloomberg's annual tally of the world's 500 richest people.

According to figures compiled by Bloomberg, Trump's net worth has actually dropped since becoming president.

And the Trump Organization saw revenue jump at their global courses in Ireland and Scotland.

Trump's net worth has dropped more than $100 million over the past year, down to $2.8 billion-the lowest since his campaign for president.

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Forbes, too, estimates Trump's net worth at around $3 billion, as at the end of February. Bloomberg added that against the background of scandals that accompany a trump presidency, his name was removed from buildings in NY, Toronto and Panama.

The biggest declines, totaling $220 million, came from adjacent buildings in midtown Manhattan - 6 E. 57th St., which had housed a Niketown store, and Trump Tower, where lower occupancy resulted in less income.

Overall, the clubs are said to be worth about $650 million.

Office towers in NY and San Francisco that Trump co-owns also grew in value over the previous year.

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"The location of a property affects the rents it can achieve", she said in an email to the news service.

At the same time, the president's companies paid down $30 million in debt and now carry a minimum of $520 million in debt.

Bloomberg also reports that 16 golf and resort properties under the Trump Organization decreased in value by $70 million.

Trump has claimed his net worth exceeds $10 billion.

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A spokeswoman for the Trump Organization criticized Bloomberg's methodology for assessing the real estate data used to estimate Trump's net worth, telling the news organization that it reduced "the value of our prime NY real estate assets" by not taking into account that Trump buildings are in desirable neighborhoods that affect property values.

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