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Trump has lost $1B in personal wealth since running for president, according to latest Forbes list. (Original Post) Gothmog Oct 2018 OP
I don't think he was ever worth that much NewJeffCT Oct 2018 #1
That would put him at $-850M to $-650M now. lagomorph777 Oct 2018 #2
No one bought the lie that he was worth $10 billion Gothmog Oct 2018 #10
Ain't nobody valuing Rump's ass-ets ProudLib72 Oct 2018 #12
May NYS and the IRS take the rest. C_U_L8R Oct 2018 #3
Let the house of cards collapse JohnnyLib2 Oct 2018 #4
He's a paper tiger, owns screw all and has no money, its all a pyramid of debt. sunonmars Oct 2018 #5
It appears to be a Real Estate Ponzi. Wellstone ruled Oct 2018 #8
The familia is nothing more saidsimplesimon Oct 2018 #6
What happened? Did he decide to start paying taxes? nt NCjack Oct 2018 #7
Smoke and mirrors. SDNY going to get real with all hard assets. libdem4life Oct 2018 #9
That's a lot of rubles! NickB79 Oct 2018 #11
he and his family will lose everything before this is all over anarch Oct 2018 #13
The dumbest thing Trump has done in his life is run for POTUS. Vinca Oct 2018 #14
Trum trying to walk back some phony valuations delisen Oct 2018 #15
I really don't care, ReformedGOPer Oct 2018 #16
Tuff Achilleaze Oct 2018 #17
Good IMPEACH_45DJT Oct 2018 #18
I'm surprised that Beavis and Butthead haven't run the business into the ground yet. no_hypocrisy Oct 2018 #19
It was run into the ground before they were ever born. GoCubsGo Oct 2018 #22
At Trump's big-city hotels, business dropped as his political star rose Gothmog Oct 2018 #20
Donald Trump's net worth has dropped significantly since he took office Gothmog Oct 2018 #21

NewJeffCT

(56,828 posts)
1. I don't think he was ever worth that much
Thu Oct 4, 2018, 03:59 PM
Oct 2018

I agree with the assessment done by a financial expert several years ago that had him worth $150 million to $350 million.

Gothmog

(145,288 posts)
10. No one bought the lie that he was worth $10 billion
Thu Oct 4, 2018, 04:40 PM
Oct 2018

I personally think that Forbes is overvaluing trump's assets

 

Wellstone ruled

(34,661 posts)
8. It appears to be a Real Estate Ponzi.
Thu Oct 4, 2018, 04:13 PM
Oct 2018

When you control the "expected Resale value of ',your Real Estate,you can claim any damn number you want. Understand NYC Assessor has to get court orders in order to appraise anything Trump.

Just one big of Crap.

saidsimplesimon

(7,888 posts)
6. The familia is nothing more
Thu Oct 4, 2018, 04:06 PM
Oct 2018

than a criminal enterprise built on greed, criminal activity and deception. Without Putin's funding, the man in our WH would be suffering a cash flow crisis.

 

libdem4life

(13,877 posts)
9. Smoke and mirrors. SDNY going to get real with all hard assets.
Thu Oct 4, 2018, 04:21 PM
Oct 2018

There is no love lost here. Even going his after sister, the judge, seems like. Think his Red Line ...all 67 of them ... have been crossed. It will be the most detested name in modern history. How's that for a legacy? Ivanka, Jared, Jr, Eric care to weigh in?

anarch

(6,535 posts)
13. he and his family will lose everything before this is all over
Thu Oct 4, 2018, 05:08 PM
Oct 2018

I mean everything. His legacy will be for his family name to be utterly ruined forever; they won't be able to even go out in public without being spat on. Well, that's what I think is likely anyway...you can't make 9/10 of the world's population hate you passionately and not ever have any repercussions. Unfortunately fuckface himself will probably be long dead by then, but oh, well.

Vinca

(50,273 posts)
14. The dumbest thing Trump has done in his life is run for POTUS.
Thu Oct 4, 2018, 05:09 PM
Oct 2018

He could have merrily gone about his grifting and conning people until he was planted in the ground and no one would have uttered a peep about it. It all goes back to the Obama roast at the Correspondent's Dinner. Trump can't take a joke.

Achilleaze

(15,543 posts)
17. Tuff
Thu Oct 4, 2018, 05:14 PM
Oct 2018

No matter how much fake news you pump out, reality is always there. Somewhere. Waiting to bite your lying ass.

GoCubsGo

(32,084 posts)
22. It was run into the ground before they were ever born.
Sat Oct 6, 2018, 03:49 PM
Oct 2018

It's all smoke and mirrors at this point, and has been for a long time.

Gothmog

(145,288 posts)
20. At Trump's big-city hotels, business dropped as his political star rose
Thu Oct 4, 2018, 06:37 PM
Oct 2018

This makes me smile https://www.washingtonpost.com/politics/at-trumps-big-city-hotels-business-dropped-as-his-political-star-rose-internal-documents-show/2018/10/03/bd26b1d6-b6d4-11e8-a7b5-adaaa5b2a57f_story.html?utm_term=.9ad9f0496667

As a private company, the Trump Organization says little about its financial ups and downs. But The Washington Post obtained details from two of President Trump’s landmark properties — his luxury hotels in Chicago and Manhattan — from small-time investors such as Roberts, who get details that the public does not.

Those investors — and internal documents they provided — showed that revenue at both properties dropped noticeably as Trump’s political career took off. The decreases have stirred tensions in the buildings and left many investors worried that the Trump brand may be curdling in the liberal cities where Trump built much of his empire.

In New York, documents show that the ownership board at Trump’s hotel considered the stunning idea of removing the Trump name from the hotel the president still calls his “flagship.” The idea stalled. One board member, who spoke in favor of keeping the Trump name, was later nominated by Trump to a celebrity-studded presidential council on fitness.

For the small-time investors — who bought individual hotel rooms, under an unusual arrangement that allowed Trump to offload financial risks onto others — the downturn has brought a bitter sense that they’re suffering for the political rise of a figure who is now loathed in their communities.
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