Posted on 07/01/2015 6:27:12 PM PDT by nickcarraway
4 Times Donald Trump’s Companies Declared Bankruptcy (Link only, per FR policy)
Do you mean instead of “President PIAPS?”
And in the process Donald Trump grew his inheritance of $200 million into current net worth of $9000 Million ($9 Billion).
In other words Trump has grown his initial capital FORTY FIVE TIMES. He is obviously very shrewd businessman. I do not hate success.
Trump is no worse from.
I don't think that's true. In 1991 he almost lost everything and was bailed out by powerful left wing interests. His whole campaign is based on his business success, which is completely exaggerated and made up. It also reveals his use of big government to screw the public over.
YOu want to vote for The One II completely unvetted? You want someone who could ruin our country to be president based on a few Reality TV soundbites he says without any knowledge or sincerity?
I believe that Trump is a flawed, but good person!
We are always left to choose the best person we can find that can deliver what is needed despite their imperfections.
This is the nature of the world we live in.
Any proof of that? Because reliable sources say he has between $150 and $250 billion, and even a bank he works with says he has $788 billion. Meanwhile, $200 billion in 1974 US$ would be over a $1 billion today. So, if he had just made a conservative investment in the stock market he'd have much more than he does today.
He is a laughing stock in the financial industry, and only has a very small niche in real estate development.
Oh, and he has admitted in depositions that he exaggerates his wealth and bases it on what he "feels like."
Trump will make Univision pay for his primary campaign ($500 Million suit filed in court). And Trump will get Mexico to pay for the Wall...it does’nt get any better!
I feel sorry for the other candidates who have to beg 100,000 people to donate small amounts. If average contribution is $25 they collect $2.5 Million. That is so puny compared to $500 million.
You are confused between Millions and Billions.
Inheritance was 200 Million (with an M).
Current net worth is $9 Billion (capital B)
$200 Million X 45 = $9 Billion.
Based on what? Using the government to steal an old ladies house? Having a pathological need for attention and credit? he is the same personality type as Obama, so do you like him too?
You can't possibly believe the lawsuit with Univision will be settled before the primary is complete. Oh, that's right, you believe Trump is a conservative. lol!
How ya doin E?
The money he may or may not get from this suit may or may not pay for his primary campaign. If so, fine. It will be folly. He won't need more than that because he's not going to be the nominee.
LOL. Where do you get the $9 billion from? Someone who admitted they lie about their wealth? Trump is not a billionaire. And if he ever ran for president it would be exposed.
You are so right Bobalu. There are no “perfect human beings”.
Only God is perfect. I will take a candidate who will not be in the pockets of his/her sugar daddy rich donors, which all other 13 candidates require to continue campaigning.
From articles in Wall Street Journal, Fortune Magazine, Forbes and Barron’s.
Wall Street Journal had articles supporting the $150 - $250 million. Forbes and Fortune had much lower estimates, but they acknowledged their estimates weren't reliable. They basically took Trump numbers and revised them down. They didn't have any independent sources. They also admitted the Trump was calling their reporters incessantly trying to get them to up their numbers.
Deutsche Bank did an analysis that relied on Trump numbers, but was more thorough and got $788 million. The most independent number was $150 - $200 million. Trump sued over that estimate and LOST.
Also, Trump admitted in a deposition he exaggerates his wealth and that he estimates it on how he feels.
Trump has flushed out the crony capitalist corporate elite and their intolerance and hatred of our Constitution is again out there for everyone to see with their breaking ties to Trump for exercising his First Amendment right.
So a 69 year old real estate hustler, TV personality, who wants Oprah Winfrey for his vice president, is just like Churchill?
You Trump people, are some very strange people.
And the U.S. is, and has been, broke for awhile but fortunately they own a printing press.
So what. So did several companies I’ve worked for. So should have chrysler. Edison failed lots too. So have I. Failure is part of success. If you ain’t making mistakes, you ain’t trying hard enough. People afraid of failing, or who put down people who take risks and fail, disgust me. Cowards, all.
It is impossible to put exact number on Trump’s wealth.
His wealth is not in stocks and bonds, where you can get exact daily quotes.
Values of buildings, golf resorts, hotels etc are never exact.
Trump also owns brand names for clothing lines and other goods, whose value is difficult to evaluate.
If he wins the suit against Univision, there is $500 million more.
You make a good point. I think something like 90% of new businesses fail. The fact is Trump never went personally bankrupt. Some of his individual businesses did. But people who do not like Trump post a lot of out of context stuff.
You seriously said that?
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