Donald Trump set to announce presidential bid

Donald Trump, the flamboyant real estate magnate and television personality whose fortune is valued at $9 billion, is set to announce that he intends to make a long-shot run for the US presidency on the ticket of the Republican Party.

Trump, 69, is expected to announce his 2016 intentions on Tuesday at a New York skyscraper that bears his name.

Known in the US as The Donald, Trump is a celebrity, a businessman and a master of self-promotion. He will be entering an increasingly crowded presidential race, punctuated by such big names as former Florida governor Jeb Bush, who is the son and brother of two former US presidents, and former secretary of state Hillary Rodham Clinton.

Should Trump enter the Republican presidential primary contest, he would be required to 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.

If he gets in, Trump is ready to do so. On Tuesday, he will share details about his wealth, according to a person close to his potential campaign who spoke on condition of anonymity so as not to preempt the announcement.

— AP

US billionaire Donald Trump advises Israelis to vote for Benjamin Netanyahu in a video released on Tuesday (YouTube screen capture)
US billionaire Donald Trump in a video advising Israelis to vote for Benjamin Netanyahu. (YouTube screen capture)

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