Wilbur Ross Isn’t a Billionaire as Claimed

According to financial-disclosure forms Commerce Secretary Wilbur Ross filed after his nomination, Ross has less than $700 million in assets despite repeatedly claiming he’s worth more than $2 billion, Forbes reports.

“And after one month of digging, Forbes is confident it has found the answer: That money never existed. It seems clear that Ross lied to us, the latest in an apparent sequence of fibs, exaggerations, omissions, fabrications and whoppers that have been going on with Forbes since 2004.”

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