• defunct_punk@lemmy.worldBanned from community
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    15
    ·
    edit-2
    1 year ago

    He’s still a billionaire, just not one of the Top 500 yall.

    Edit: did anyone read the article?

    On Tuesday afternoon, Forbes had Mr Trump as the 653rd richest person in the world with a net worth of $4.8bn.

    • AlternatePersonMan@lemmy.world
      link
      fedilink
      arrow-up
      14
      ·
      1 year ago

      I see your point, but Forbes methodology for verification isn’t flawless.

      If the 4.8 billion dollar value is based on truth social, that number is crashing. If it’s based on his other assets, I don’t have much faith in that value either.

      To say Trump exaggerates about the value of his assets would be an understatement. He makes up huge numbers that are nowhere close to reality. The big numbers are used to his advantage when it suits him, and much smaller numbers are reported to the IRS.

      A quick search on golf courses came up with this story, though there are many more.

      The point is, his actual net worth is a bit of a mystery. If the truth came out, I very much doubt it would be anywhere close to 4.8 billion.

    • Furbag@lemmy.world
      cake
      link
      fedilink
      arrow-up
      9
      ·
      1 year ago

      Mr. Trump? A multi-billionaire? The guy who can’t secure a $440m bond? That Mr. Trump? We talking about the same guy here?

      There’s a reason he can’t secure that bond, you know. If you total up all of his asset valuations, he’s a billionaire. If you subtract all of the liens, mortgages, and encumbrance he has on those assets, he’s basically broke.