Forbes magazine says that Commerce Secretary Wilbur Ross “lied to us” about his net worth, exaggerating it by billions of dollars to make the widely-cited “Forbes 400″ list of richest people in America. Ross was dropped from the list for 2017 after being a presence for 13 years.
In an article Dan Alexander posted Tuesday, Forbes said it discovered a discrepancy after examining Ross’s government financial disclosure forms, on which Ross, a Wall Street investor before President Trump put him in his Cabinet, listed his assets at $700 million.
That number is a far cry from what Ross had told the magazine he was worth in 2016, about $3.7 billion or to what he told Forbes recently, that his net worth was about $2.7 billion.
(c) 2017, The Washington Post · Fred Barbash