Trump owns commercial real estate with mortgages and his loan to value ratio is quite very healthy
Prolly less than 45%
I’m envious
Cruz borrowed money from his wife’s firm guaranteed on the arm for his campaigns and if he paid it back he did so from the money from other future contributors like a POLITICIAN would ....it’s not like they earned it
Trumps is for assets he and his family of companies own
It’s not comparable
Cruz’s business experience is minimal except as a passive investor in sweetheart deals where his end was optioned to him with no or little need of his own money invested
The way politicians usually earn beyond legislative or executive governmental salaries
I don’t fault him given they almost all do it
Bernie Sanders prolly doesn’t and another ultralib from my era...Phillip Hart probably didn’t either
Trumps financials are damn good today ...just the Trump name branding cash flow if capitalized at a hard rate of say 10 still makes him a billionaire from that alone forget all the dirt and bricks and mortar and cash flow from all those buildings and developments
It’s amazing.....maybe 40 more folks worldwide with larger equity real estate portfolios than his
There was a time when ‘class envy’ was a liberal character flaw.