I see your point, but Forbes methodology for verification isn’t flawless.
If the 4.8 billion dollar value is based on truth social, that number is crashing. If it’s based on his other assets, I don’t have much faith in that value either.
To say Trump exaggerates about the value of his assets would be an understatement. He makes up huge numbers that are nowhere close to reality. The big numbers are used to his advantage when it suits him, and much smaller numbers are reported to the IRS.
A quick search on golf courses came up with this story, though there are many more.
The point is, his actual net worth is a bit of a mystery. If the truth came out, I very much doubt it would be anywhere close to 4.8 billion.
Honestly I’d be surprised if he was even close to being rich. The guy takes out loan after loan after loan in larger and larger amounts. He’s most likely living on borrowed money based upon what he says his properties are worth.
Mr. Trump? A multi-billionaire? The guy who can’t secure a $440m bond? That Mr. Trump? We talking about the same guy here?
There’s a reason he can’t secure that bond, you know. If you total up all of his asset valuations, he’s a billionaire. If you subtract all of the liens, mortgages, and encumbrance he has on those assets, he’s basically broke.
He’s still a billionaire, just not one of the Top 500 yall.
Edit: did anyone read the article?
I’ve yet to see evidence proving he was ever a billionaire in the first place.
👐”Everyone’s saying it, folks!”👐
Those stupid hands. Like a dimestore corner magician with a mail-in pamphlet’s training.
At first I was going to say “if you say it often enough people will believe it”. But then why don’t people believe he grabbed em by the pussy? 🤬
I see your point, but Forbes methodology for verification isn’t flawless.
If the 4.8 billion dollar value is based on truth social, that number is crashing. If it’s based on his other assets, I don’t have much faith in that value either.
To say Trump exaggerates about the value of his assets would be an understatement. He makes up huge numbers that are nowhere close to reality. The big numbers are used to his advantage when it suits him, and much smaller numbers are reported to the IRS.
A quick search on golf courses came up with this story, though there are many more.
The point is, his actual net worth is a bit of a mystery. If the truth came out, I very much doubt it would be anywhere close to 4.8 billion.
Honestly I’d be surprised if he was even close to being rich. The guy takes out loan after loan after loan in larger and larger amounts. He’s most likely living on borrowed money based upon what he says his properties are worth.
Mr. Trump? A multi-billionaire? The guy who can’t secure a $440m bond? That Mr. Trump? We talking about the same guy here?
There’s a reason he can’t secure that bond, you know. If you total up all of his asset valuations, he’s a billionaire. If you subtract all of the liens, mortgages, and encumbrance he has on those assets, he’s basically broke.