Updated

Potential presidential candidate Donald Trump says he's a better businessman than a leading GOP hopeful in 2012, former Massachusetts Gov. Mitt Romney.

Trump tells CNN's "State of the Union" that he has a "much, much bigger net worth. I mean my net worth is many, many, many times Mitt Romney."

Trump describes Romney as a "small business guy." Trump says he's created thousands of jobs and built a "great company."

Romney is a former venture capitalist with a record of turning around failing companies. While heading Bain Capital, he helped launch the Staples office supply chain, as well as buy Domino's Pizza. Romney invested more than $40 million of his own money in the 2008 race.