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Trump firms owe $650M

WASHINGTON – Companies belonging to Donald Trump have at least $650 million in debt, more than twice the amount shown in public filings made by his presidential campaign, the New York Times reported Saturday.

The paper employed a property information firm to search publicly available data on more than 30 US properties connected to the Republican candidate, including offices and golf courses.

In addition to the $650-million liabilities, “a substantial portion of his wealth is tied up in three passive partnerships that owe an additional $2 billion to a string of lenders,” the Times said about debt that could significantly affect Trump’s wealth. (AFP)

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