Keren Blankfeld

Keren Blankfeld, Forbes Staff

I cover wealth. Usually of the billionaire variety.

5/16/2011 @ 1:31PM |5,915 views

Donald Trump Says He's Not Running For President

LAS VEGAS, NV - APRIL 28:  Chairman and Presid...

Image by Getty Images via @daylife

Donald Trump told ABC today that he’s not pursuing a run for presidency in 2012 after all. His decision, he says in a statement, “does not come easily or without regret” — alas, he is not ready to leave the private sector quite yet.

Trump’s decision comes amid increased public scrutiny on his finances after months of what Trump himself calls “unofficial campaigning.” His flirtation with the presidency included responding to hypothetical questions about what he’d do as president, making a fuss about President Obama’s birth certificate and boasting about his net worth.

While he’s managed to boost The Apprentice‘s viewership, Trump’s rantings and boasting also managed to raise quite a few eyebrows regarding his business practices (see Clare O’Connor’s roundup of his companies’ bankruptcies and a recent New York Times piece going over his licensing dealings).

A couple of weeks ago we asked Trump, who is constantly asserting that he’s worth more than we credit him, to open up his books. He told me that he’d do it if and when he decided to run for president. He also said that he was looking forward to presenting it and showing us how wrong we are. (See article on how we calculate his brand value, not to be confused with Donald Trump’s net worth, which we estimate at $2.7 billion).

Of course, since he’s not running for public office, he has no obligation to publicly open up his books.

Following is Trump’s full statement.

After considerable deliberation and reflection, I have decided not to pursue the office of the Presidency. This decision does not come easily or without regret; especially when my potential candidacy continues to be validated by ranking at the top of the Republican contenders in polls across the country. I maintain the strong conviction that if I were to run, I would be able to win the primary and ultimately, the general election. I have spent the past several months unofficially campaigning and recognize that running for public office cannot be done half heartedly. Ultimately, however, business is my greatest passion and I am not ready to leave the private sector.

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  • bryandalton bryandalton 2 years ago

    Trump is such a big mouth jerk and a sicko for attention.

  • jaysonkinsey jaysonkinsey 2 years ago

    This is really heartbreaking, I thought that The Donald would back out but just the chance of seeing him run for president and all the entertaining sideshows that would have come along with it had me really hoping that he would run. I knew that the possibility of The Donald having his closeted skeletons exposed would keep him from running, now all we can do is think about what could have been. The Donald taking part in the Republican debates would have been something to watch.

  • drewrymedia drewrymedia 2 years ago

    If Trump were to run for president, it would surely be an interesting watch to see how Mr. Trump goes about things. Trump is a great man that has accomplished much, and has much positive potential in being the nation’s leader. Wishing Trump the best in all he does.