American tycoon Donald Trump is considering a presidential bid in 2016 and has spent one million dollars on electoral research.
Sources said Trump is increasingly being asked to speak at Republican events, and he appeared at the Oakland County Republican Party Lincoln Day Dinner in Novi, Michgan, last week to a record crowd of 2,300.
According to the New York Post, in the event, Trump reportedly said that everybody has asked him to run for president.
Trump considered a run for the White House last year against Barack Obama, but ultimately did not enter the race. He however made a five million dollars offer to the president to turn over his birth records.
But Michael Cohen, executive vice president and special counsel to Trump, said they commissioned the one million dollars research into Trump's standing in each state, and to gauge those he would need to win over, the report said.
He added that by law, if Trump ran for the presidency or any government office, he will have to give control of his company either to one or all of his children or to a trust.
In his Michigan speech, Trump predicted Hillary Clinton would be the Democratic front-runner, and that if Republicans don't pick the right person, it will be a landslide, the report added.