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Crepuscular

(1,068 posts)

14. ...

Reply to Doc Sportello (Reply #11)

Wed Jan 26, 2022, 09:53 AM

Jan 2022

The $738 million in debt is largely backed by real estate that is worth a lot more than the amount of debt on it. Most of those loans will be rolled over into new loans, so it's unlikely that he will need to use any of his liquid assets when those loans come due.

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Donald Trump has only $93 million in cash per Forbes report [View all] Mr. Ected Jan 2022 OP

93 million in cash is huge. jimfields33 Jan 2022 #1

Just remember PJMcK Jan 2022 #9

Exactly. Kingofalldems Jan 2022 #13

Networth is different than cash holdings fescuerescue Jan 2022 #15

Of course they are PJMcK Jan 2022 #16

His father gave him 500 million and he had been in "business" all his life. Maraya1969 Jan 2022 #17

And the way he squandered it puts the lie to his business "genius". AngryOldDem Jan 2022 #20

It's a good thing Melania has her own 50 million.... secondwind Jan 2022 #2

She will need every penny of it.. ProudMNDemocrat Jan 2022 #5

Almost $93 million more than I've got nt TheFarseer Jan 2022 #3

A "Billionaire" has $93 Million cash on hand? ProudMNDemocrat Jan 2022 #4

Gee, I wish I only had $93 million in liquid assets dumbcat Jan 2022 #6

Rich people finance varies a lot Johnny2X2X Jan 2022 #7

Did you read the article or the snippet? Doc Sportello Jan 2022 #11

I read it Johnny2X2X Jan 2022 #12

Real estate is worthless if you owe more than the equity. Maraya1969 Jan 2022 #19

... Crepuscular Jan 2022 #14

Bankrolled the taxpayers of the US to boot Bristlecone Jan 2022 #8

This message was self-deleted by its author Doc Sportello Jan 2022 #10

Only 907 million more and he is a real billionaire. pwb Jan 2022 #18