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TexasTowelie

(127,643 posts) Tue Sep 29, 2020, 06:25 AM Sep 2020

Forbes Adds It Up: Trump Is $1.1 Billion in Debt [View all]

Forbes says President Donald Trump is a billionaire, but he’s more than a billion dollars in debt.

The New York Times Sunday evening dropped a bombshell investigation into Trump’s taxes, after having obtained twenty years of his returns. The Times reported Trump is $421 million in debt to an unknown entity.

(One former top Mueller team attorney just strongly suggested that entity is Russia.)

Now, Forbes senior editor Dan Alexander, whose beat is covering Trump, reveals the President of the United States is $1.13 billion in debt.

That’s billion with a “b.”

Read more: https://www.thenewcivilrightsmovement.com/2020/09/forbes-adds-it-up-trump-is-1-1-billion-in-debt/

73 replies

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Forbes Adds It Up: Trump Is $1.1 Billion in Debt [View all] TexasTowelie Sep 2020 OP

Good luck with that divorce settlement, Melania. nt Xipe Totec Sep 2020 #1

LOL Kitchari Sep 2020 #10

She'll have to "write" a really salacious tell all book. MoonRiver Sep 2020 #20

The worst part is that she won't be able to plagiarize from Michelle. nt TexasTowelie Sep 2020 #24

This one had me laughing out loud, she'll just do like Tee-Rump and use a ghost writer. KS Toronado Sep 2020 #30

Most of my jokes land with a thud, TexasTowelie Sep 2020 #33

Same here! VWolf Sep 2020 #41

I had a feeling that I might do that to someone. TexasTowelie Sep 2020 #50

Lol, so true! MoonRiver Sep 2020 #45

salacious, but factual. marble falls Sep 2020 #36

Yes, because salacious defines her grifter life. MoonRiver Sep 2020 #38

She's doing the best she can with little gifts she was given. Of course she's a bit grifter ... marble falls Sep 2020 #40

Maybe, but I remember her spouting the birther nonsense. MoonRiver Sep 2020 #43

She better not ask for half of everything or she'll get half the debt lol Takket Sep 2020 #48

This message was self-deleted by its author marmar Sep 2020 #53

oh my! Roc2020 Sep 2020 #55

As long as Mary Trump gets her cut first! NM Grins Sep 2020 #66

You could buy a country for that uriel1972 Sep 2020 #2

He's conned nearly half of this one. rickyhall Sep 2020 #5

Pooty-poot did. Probably bought the USA even cheaper than that. Cirque du So-What Sep 2020 #7

Is that what Greenland's going for, these days? calimary Sep 2020 #25

That's pretty much what's happened. Putin bought us for a billion bucks. lagomorph777 Sep 2020 #44

But the Repukes will still say he's a legit billionaire because of his net worth of 2.5 billion. Native Sep 2020 #3

... of over-inflated assets. TexasTowelie Sep 2020 #4

The gold course would value far less vlyons Sep 2020 #16

not true, golf is one of the few activities that is ok in a pandemic RazzleCat Sep 2020 #51

Our family owns a course in Georgia. Best year ever. Native Sep 2020 #59

Golf is now thriving here in Miami Awsi Dooger Sep 2020 #69

Holy crap. That's insane! Native Sep 2020 #71

The story leaves some important questions unanswered, such as: Mariana Sep 2020 #46

Is that debt above his assets? Or just Debt fescuerescue Sep 2020 #6

That's debt. TexasTowelie Sep 2020 #8

Thanks. We need to know what the asset fescuerescue Sep 2020 #9

key empedocles Sep 2020 #13

key empedocles Sep 2020 #14

True, but then there's debt service and cash flow TexasBushwhacker Sep 2020 #17

That's all true fescuerescue Sep 2020 #22

It was the nineties, when everybody else was making money hand over fist and Trump ... marble falls Sep 2020 #35

this is the most important thing RazzleCat Sep 2020 #52

+1000 smirkymonkey Sep 2020 #54

They Did Something Wrong ProfessorGAC Sep 2020 #62

Selling the country - deregulation style bucolic_frolic Sep 2020 #11

So! Traildogbob Sep 2020 #12

He probably is building rich and cash poor Le Roi de Pot Sep 2020 #15

Yes. I am not strong on business wnylib Sep 2020 #39

Here's more detail Roland99 Sep 2020 #18

Not a Billionaire. Melania will owe money, her prenup is a sham like Donald. sarcasmo Sep 2020 #19

Malaria is doing OK all by herself: Tracer Sep 2020 #23

Eh, $50 million won't get you into any A-list parties. Hugin Sep 2020 #29

See. He is a billionaire after all. LisaL Sep 2020 #21

Gotta be Russia. calimary Sep 2020 #26

Trump is $421 million in debt to an unknown entity. "unknown entity" aka Vlad Putin Botany Sep 2020 #27

Yes, I posted that thread: TexasTowelie Sep 2020 #28

i'll call you butter cause you are on a roll Botany Sep 2020 #37

It's way more that that if you consider it's probably an interest only loan... Hugin Sep 2020 #31

Yes I bet it is. But the media will not look there. triron Sep 2020 #56

I small a rat with Trump's finances meow2u3 Sep 2020 #32

waiting for the chickens to come home and roost to collect. AllaN01Bear Sep 2020 #34

K&R brer cat Sep 2020 #42

Kick dalton99a Sep 2020 #47

+1000 triron Sep 2020 #49

No, dough, heart, soul or penis. OverBurn Sep 2020 #63

This leads to the next question... jmowreader Sep 2020 #57

when you're laundering money it's not the bug it's the feature Locrian Sep 2020 #60

You know what's going to happen after his money laundering activities come to light jmowreader Sep 2020 #61

Uh OWE! BlueWavePsych Sep 2020 #58

Uh, Folks At Forbes... ProfessorGAC Sep 2020 #64

All the more reason to suspect Drumpf of being a National Security risk! BlueWavePsych Sep 2020 #65

I, For One, Never Questioned That ProfessorGAC Sep 2020 #67

Michael Cohen said that isn't right. It's $421 million. leftyladyfrommo Sep 2020 #68

Isn't Forbes a conservative media outlet? Dark n Stormy Knight Sep 2020 #70

It is connected with Forbes who did run for the GOP presidential nomination TexasTowelie Sep 2020 #72

covering Trump, reveals the President of the United States is $1.13 billion in debt. Cha Sep 2020 #73