Kind of an angry post from you.
To answer your question, at one point, I saw that he estimated his brand to be some huge number. I think he estimated that to be something like 1/2 a billion. While ther is some value there, it is not cash value.
Going to hard assets, look at kushner’s building. I’m not sure if that is in trumps name or not, but let’s use that as an example. It is a negative cash flow building per reports. Therefore he couldn’t get financing until a shady deal came through. That is likely an underwater building. Wouldn’t surprise me if many of trumps own buildings were in the same condition. Furthermore, if trump were so rich, he could have helped Kushner with financing.
Trump also has a history of going bankrupt. He doesn’t seem to be a good business man, and I really do suspect that he has more debt than assets.
Now, some of this may be buoyed by money laundering profits, but that isn’t a legal way to stay afloat. I don’t think the 270k comes close to solving his problems. I just think that he is fine lining his pockets with every given opportunity. Ethics and legality aren’t really concerns for him.
We shall see, probably in the near future when his tax returns hopefully become public. From those, you can estimate net worth. So no need to be so angry. With some patience, we will likely see the truth. Chill man!
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In response to this post by BocaHoo91)
Posted: 12/07/2018 at 03:38AM