The $9 billion man? Donald Trump set to announce 2016 plans

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The $9 billion man? Donald Trump set to announce 2016 plans

Should he decide to run, Trump is positioned to have a greater impact on the early months of the Republican presidential primary contest than many Republican leaders would like.

By (AP)

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Published: Tue 16 Jun 2015, 11:58 AM

Last updated: Wed 8 Jul 2015, 2:58 PM

Donald Trump waves as he walks off stage after speaking at the Iowa Republican Party's Lincoln Dinner, Saturday, May 16, 2015, in Des Moines, Iowa. AP

Donald Trump waves as he walks off stage after speaking at the Iowa Republican Party's Lincoln Dinner, Saturday, May 16, 2015, in Des Moines, Iowa. AP 

Washington — With a presidential field approaching 20 high-profile candidates, the Republicans’ 2016 class offers voters a little bit of everything.

There is the top-tier, a group that includes former Florida Gov. Jeb Bush, who formally launched his candidacy on Monday. There are the single-issue candidates such as South Carolina Sen. Lindsey Graham, who talks about national security and little else. There are even the quixotic underdogs, such as Louisiana Gov. Bobby Jindal, ambitious against all odds.

And then there is Donald Trump.

The Donald, as he is known as a celebrity, will announce his 2016 intentions on Tuesday at a Manhattan skyscraper that bears his name.

He is a businessman, a reality television star and a master of self-promotion. And should he decide to run, Trump is positioned to have a greater impact on the early months of the Republican presidential primary contest than many Republican leaders would like.

Should he get in, Trump would be required to release a personal financial disclosure that would reveal intimate details about his personal finances. The disclosure would include his net worth, sources of income, liabilities and assets. He would have to reveal the same information for his wife and dependent children.

Trump is ready to do so. On Tuesday, he will share details about his personal finances that reveal a net worth of $9 billion, according to a person close to his potential campaign who spoke on the condition of anonymity so as not to pre-empt the announcement.

The financial disclosure, required of all candidates for president, was thought to be the final obstacle blocking Trump from launching a 2016 campaign.

Based on guidelines recently announced by the television networks, Trump could play a prominent role in the upcoming nationally televised Republican debate in August.

Those who rank in the top 10 in national polls — and Trump currently does, although he’s close to the bottom — will earn a place on the debate stage according to guidelines announced by the Republican National Committee and Fox News, which is televising the first debate. That could place Trump in a debate alongside leading candidates such as Wisconsin Gov. Scott Walker, Florida Sen. Marco Rubio and Bush.

“Selfishly, the networks would put me on because I get great ratings,” Trump said in a recent interview with The Associated Press.

He said he would not renew his contract with NBC for his reality show, “The Apprentice.” He cannot appear on the network and run for president at the same time. 


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