Trump Organization Considered Adding 'Presidential Premium' As A Way To Boost His Property Values, Trial Reveals
The premium could have added at least $140 million to Trump’s net worth.
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The premium could have added at least $140 million to Trump’s net worth.
Trump Organization executives considered tacking on “presidential premiums” to some of then-President Donald Trump’s properties in a way that would increase asset values and inflate his net worth in 2017, according to exhibits and testimony shown at Trump’s civil fraud trial on Friday.
NEW YORK (AP) — Donald Trump's top corporate deputies considered adding a “presidential premium” to his Trump Tower penthouse, Mar-a-Lago resort and other assets during his White House years, a
Trump’s corporate deputies testified they considered adding a “presidential premium” to his properties to pad his net worth by nearly $145 million.
Patrick Birney said Trump executives considered adding 25 on to the Trump Tower apartment’s value as a ‘premium for presidential personal…