Here are four things to know:
1. The drop is the second in two years and represents President Trump’s lowest net worth since Bloomberg began tracking his wealth in 2015.
2. President Trump lost $220 million from lower occupancy in his New York City Trump Tower and the adjacent building at 6 E. 57th St.
3. The Trump Organization’s golf resorts dropped in value by $70 million as some courses lost revenue and other gained.
4. Other arms of President Trump’s business increased, including office towers in New York and San Francisco that grew $75 million in value, and the Trump International Hotel in Washington, D.C. had $40 million in revenue.
More articles on business:
Starbucks lost $12M by closing stores for anti-bias training
Scottish hospital begins treating patients for cryptocurrency addiction
Panera, Krispy Kreme owner to acquire Pret A Manger, give 12K employees $1,300 bonuses