Forbes evaluates Trump's worth (1 Viewer)

[RetroMcBananaFace]

All Of Donald Trump

$3.7 billion. Kinda shoots down his "many billions and billions" remarks.

 

[guidomerkinsrules]

still, that's about 3.6999999999 more than I have
I blame my dad
(not really)

 

[WhoDatPhan78]

All Of Donald Trump

$3.7 billion. Kinda shoots down his "many billions and billions" remarks.

3.7 billion is more than I thought it'd be.

I would score this as a win for Trump. 3.7 billion makes him solidly a billionaire. Many was doubting he actually was one.

 

[Domefan504]

How much of it is his money? Has he released his taxes? How do we know what he is really worth? F.Y.I. Joe Biden is blowing him up today.

 

[SaintfromOZ]

You realize it's 3.7 billion and not million right? Isn't that nearly $4,000 million?

 

[DaveXA]

How much of it is his money? Has he released his taxes? How do we know what he is really worth? F.Y.I. Joe Biden is blowing him up today.

That was a juvenile thing for Joe Biden to say. I don't understand why Democrats insist on getting in the mud with Trump. If they would just give Trump the rope, he'll end up hanging himself. Instead, they're played by Trump's rhetoric.

That said, Biden has a long standing tradition of saying stuff like this, so I guess it's par for the course for him.

 

[RetroMcBananaFace]

You realize it's 3.7 billion and not million right? Isn't that nearly $4,000 million?

He's said that his assets and his company are worth "many billions and billions of dollars." There has been a fairly long debate over the months about how much he is actually worth, and he's been evasive about it. Clearly the guy is very wealthy, but out of vanity or whatever he's been exaggerating his worth.

That said, Biden has a long standing tradition of saying stuff like this, so I guess it's par for the course for him.

I'm gonna miss that crazy ***hole

 

[mt15]

He has stated 10 billion before fairly often, IIRC, but he also admits he says whatever he feels like he is worth.

 

[daMixter]

..

 

[SaintJ]

My personal guess is he's actually worth a lot less than that, if you liquidated all of his holdings.

When you look at the giants of real estate development (Sam Zell, Herb Simon, Mike Faschitelli, Steve Roth), they tend not to have to get day jobs like appearing on TV shows, or licensing their name, to support their lifestyle. They replow all their time, effort and profits into building their real estate empires.

Trump doesn't have one. He doesn't have commercial office park developments. He doesn't have many commercial office buildings. He doesn't have malls or big mixed-use developments.

He HAS stuck his name on some high-end projects, some of which have worked, and some have not. He put a lot of time and energy into casinos, and he's been a disaster while guys like Sheldon Adelson have built untold wealth.

I just don't see it.

 

[crosswatt]

My personal guess is he's actually worth a lot less than that, if you liquidated all of his holdings.

When you look at the giants of real estate development (Sam Zell, Herb Simon, Mike Faschitelli, Steve Roth), they tend not to have to get day jobs like appearing on TV shows, or licensing their name, to support their lifestyle. They replow all their time, effort and profits into building their real estate empires.

Trump doesn't have one. He doesn't have commercial office park developments. He doesn't have many commercial office buildings. He doesn't have malls or big mixed-use developments.

He HAS stuck his name on some high-end projects, some of which have worked, and some have not. He put a lot of time and energy into casinos, and he's been a disaster while guys like Sheldon Adelson have built untold wealth.

I just don't see it.

He's not completely incompetent, but he is really only at this level of wealth due to his father. Without dad's assistance, he probably loses most of his fortune at any number of points on his time line.

Without that head start, he's probably a mid-tier real estate agent in Poughkeepsie working on getting an end unit tenant for his strip mall. Nothing wrong with or embarrassing about that, but hardly a transcendent business talent as he loves to think.

 

[SuperMatt]

That was a juvenile thing for Joe Biden to say. I don't understand why Democrats insist on getting in the mud with Trump. If they would just give Trump the rope, he'll end up hanging himself. Instead, they're played by Trump's rhetoric.



That said, Biden has a long standing tradition of saying stuff like this, so I guess it's par for the course for him.

Maybe Biden can challenge Trump after one of his naked swims in front of his female secret service agents!!!!


Sent from my iPad using Tapatalk

 

[mt15]

I thought this was interesting. Maybe Donald underestimated how much his running for president would damage his "brand" which is really all he has left.

"Amidst reports that occupancy rates at Trump Hotels have slipped this election season, the company has announced that new brand hotels will no longer bear the Trump name.
The newest line of luxury hotels, geared towards millennials, will be called Scion, the company said."