Free Republic

Real-estate magnate Donald Trump frequently touts his wealth on the presidential campaign trail. But a new report essentially accuses the GOP candidate of overstating his net worth by billions of dollars.Bloomberg reporters Caleb Melby and Richard Rubin, citing an analysis by the Bloomberg Billionaires Index, reported Thursday that Trump was actually worth about $2.9 billion.That's more than $7 billion less than Trump has said.In a statement earlier this month, Trump's campaign wrote that the real-estate developer and television personality has seen his net worth rocket upward even in just the past year."Real-estate values in New York City, San Francisco, Miami,...

The world learned much about real-estate mogul Donald Trump's wealth this week, as the Federal Election Commission released a 92-page personal-financial-disclosure report filed by the Republican presidential candidate as part of his nascent campaign. Trump's campaign released a statement on July 15, when he filed disclosure with the FEC, saying it would reveal a "massive" net worth "in excess of TEN BILLION DOLLARS." The report still does not completely detail Trump's fortune, as it deals mostly with ranges. "For instance, they have boxes once a certain number is reached that simply state $50 million or more. Many of these boxes...

Donald Trump catapulted himself into the spotlight with his gilded real estate ventures and vibrant personality. The latter is what has made his show "The Apprentice" such a huge success. And over the years, he's had an opinion or two about the business world. "In the end, you're measured not by how much you undertake but by what you finally accomplish," Trump once said. But like any successful business person, Trump has had his share of setbacks. Here, we present to you 12 Trump businesses that went belly up or no longer exist.