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I think you are right. He's worth $1.0 billion or thereabouts.
Mick
I'm not making an estimate to say he is worth $1.0B "or thereabouts" just saying that since 2005 (11 years) anyone with any assets should have seen an annual growth of at least 2.25% which would put him over $1B easily. There is much more upside possible there though, but it would take too many assumptions and just be guessing at that point. While I question his $10B claims because I think he over-inflates the value of his brand (the Trump name) I'm sure its well over a $1B net worth if we assume the $788M figure from 11 years ago is correct.
Donald Trump routinely overestimates the size of things. He thinks he has large hands but admits he wear "just under a large" in gloves (which would be a Medium).
He routinely overestimates the size of his crowds -- 4,000 people becomes 15,000 people. 7,500 becomes 31,000. There's a big list of these overestimates somewhere on this forum.
Donald Trump routinely overestimates the size of things. He thinks he has large hands but admits he wear "just under a large" in gloves (which would be a Medium).
He routinely overestimates the size of his crowds -- 4,000 people becomes 15,000 people. 7,500 becomes 31,000. There's a big list of these overestimates somewhere on this forum.
Is he even a billionaire? Deutsch Bank estimated his net worth at $788 million in 2005.
What do you think?
Quote:
Originally Posted by wrecking ball
that's not changing a story. did you read what you highlighted?
in the first part he asks a question, "is [trump] even a billionaire ?", then in the second part gives his personal opinion to that question ("possible").
Yes, of course I read what I highlighted.
In the first part he asks the question, then goes on to seemingly give "proof" that he isn't a billionaire by quoting the Deutsch Bank estimate from 2005, implying that if he were answering his own question he does not think he is a billionaire.
I don't consider Trump's worth an important issue when it comes to voting for him for POTUS. I read that most voters are looking for honesty in this election, thus the draw toward both Trump and Sanders versus the alternatives. Other concerns are the candidates ability to keep the country safe and create jobs. I don't remember anyone really stating that the "monetary worth" of the candidate was a big consideration if any at all.
If honesty is important, then it's important to verify that Trump is actually worth $f10 billion (or close to that) versus $1 billion or less (which is a lot less and would make the $10 billion claim a lie).
Donald Trump routinely overestimates the size of things. He thinks he has large hands but admits he wear "just under a large" in gloves (which would be a Medium).
He routinely overestimates the size of his crowds -- 4,000 people becomes 15,000 people. 7,500 becomes 31,000. There's a big list of these overestimates somewhere on this forum.
Is he even a billionaire? Deutsch Bank estimated his net worth at $788 million in 2005.
What do you think?
Quote:
Originally Posted by UB50
No. I asked a general question, then I answered with my opinion. That's not changing my story.
I guess I'm just confused then as to why someone would start a thread building a case that he exaggerates and lies about everything, and posts evidence that someone else valued him at less than a billion, literally questions if its true, and then waits over 8 hours to share their actual opinion on the topic?
“I don’t think he’s very good at brands for non-real-estate products. And, to me, it’s more a reflection of desperation,” he said in an interview with WABC. “As of May 27, Donald doesn’t have more than $165 million in cash and securities and bonds..."
Mark Cuban raises important issues. A billionaire would have a lot more cash or cash equivalents on hand -- and Mark should know since he really is a billionaire.
Trump claimed he had $500 million in income, but a media outlet did an analysis of that and it's actually $500 million in revenue which is not the same thing as income. You have to take your costs out of revenue to get profits, and the profits would be your income.
I guess I'm just confused then as to why someone would start a thread building a case that he exaggerates and lies about everything, and posts evidence that someone else valued him at less than a billion, literally questions if its true, and then waits over 8 hours to share their actual opinion on the topic?
I thought it was an interesting topic with an interesting link that we had not discussed on this board. That's why I started a thread. The link lays out 10 points for discussion. OK?
Lots of people post on this board every day and we need interesting topics to keep the board fresh.
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