We’re Cutting Our Calculation of Wilbur Ross’s Net Worth to $860 Million
- Commerce secretary’s fortune revalued after Forbes report
- Net worth includes compensation, art collection and property
Wilbur Ross's Net Worth May Not Be What He Claims
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The Bloomberg Billionaires Index lowered its net worth calculation for U.S. Commerce Secretary Wilbur Ross to $860 million from $3 billion after determining that figures he provided couldn’t be independently verified.
The revaluation follows a Forbes report last week that concluded Ross inflated the size of his fortune to the media for years. Bloomberg’s previous calculation included historical compensation figures submitted by Ross in an on-the-record email exchange in 2016, before he joined President Donald Trump’s cabinet. Those figures have now been removed.