General Discussion

ProfessorGAC

(76,908 posts)

17. He Claimed $4.8 Billion

Thu Feb 3, 2022, 11:17 AM

Feb 2022

Forbes stupidly had him at $4.2 billion. He said they were 600 million low.
Neither number was right.
Forbes still has him at $2.3 billion, which is ridiculous.
They ignore the Moody's report & the now known loans from China& Saudi Arabia.
They are still using greatly inflated asset value & grossly understated debt.
He's worth an absolute max of $500 million, and that's highly doubtful.
Since he took over a company with a net value of $320+ million thrityone years ago, and had $54 million of daddy's tax free loans 43 years ago, he has, at best, underperformed the markets by more than an order of magnitude. At best!

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New Filings Shed Light on How Much Money TFG Really Has in the Bank [View all] Yo_Mama_Been_Loggin Jan 2022 OP

Well, I hope if he has a meltdown over this, grumpyduck Jan 2022 #1

Wasn't he claiming to be worth $4 Billion? Or was it $10 Billion. I can't keep up Siwsan Jan 2022 #2

Last figure I head was 8 Gajillion. nt Carlitos Brigante Jan 2022 #10

He Claimed $4.8 Billion ProfessorGAC Feb 2022 #17

this should be brought out to the public much more gopiscrap Feb 2022 #20

The Moody's Report I Used... ProfessorGAC Feb 2022 #22

Wonder what traitortrump's near term debt service looks like empedocles Jan 2022 #3

Actually, It's Probably Low ProfessorGAC Feb 2022 #23

How many people are suing him for money owed, I wonder Wicked Blue Jan 2022 #4

And what there is is probably leveraged 10 times over. lindysalsagal Jan 2022 #5

Would not de-stabilize all banks. lagomorph777 Jan 2022 #8

The Best Case I Could Come Up With... ProfessorGAC Feb 2022 #24

93 million will quickly be spent on lawyers. sarcasmo Jan 2022 #6

How much is hidden offshore? nt tenderfoot Jan 2022 #7

;-{)🖖‍ Goonch Jan 2022 #9

The rich guy who hides his wealth. Initech Jan 2022 #11

Wonder how much of that was grifted from his sucker cult. Vinca Jan 2022 #12

Trump has never showed a shred of evidence Mr.Bill Jan 2022 #13

... and his debts are how many times greater than this? L. Coyote Jan 2022 #14

He has $12.88 VGNonly Jan 2022 #15

What a mess friedmanadam16 Feb 2022 #16

welcome to DU gopiscrap Feb 2022 #19

I'm not quite believing this jmowreader Feb 2022 #18

He probably has way more debt than that, and a negative net value n/t Silent3 Feb 2022 #21