No sweat. He’s self-funding. And $500 million is a measly 5% or so of Trump’s self-reported net worth. No Republican or conservative should feel any pressure to donate to Donald’s campaign. In fact, folks would actually be insulting him to toss their pennies his way. It’d be like offering to tutor Einstein in physics. Trump neither needs nor wants your help.
RE: No sweat. He’s self-funding. And $500 million is a measly 5% or so of Trump’s self-reported net worth.
That’s $500 million CASH. MINIMUM.
I am unsure if Donald Trump has enough money, and by that, I mean CASH to self-finance a general election run at the presidency.
Keep in mind that Hillary Clinton and the Super Pacs supporting her will spend north of 2.5 BILLION DOLLARS.
On the other hand, if you take away the value of his name, Trump’s net worth is probably somewhere in the 3-4 billion dollar range and most of it is tied up in ASSETS.
Trump keeps harping on the fact that he’s worth 10 Billion but most other estimates from Forbes to Bloomberg to Fortune put in in the range of between $4 to $4.5 billion.
Ask yourself if Donald Trump is really going to sell Trump Tower, the Trump International Hotel, his golf courses and his other properties at cut rate prices to pour the money into his political campaign?
It may not even be possible, but even if it is, do you really think Trump would liquidate most of his fortune to run for President?
When you consider that Trump has been so tight-fisted during the primary that he might run the first Presidential campaign ever to turn a profit, it seems very unlikely.
On top of that, keep in mind that Donald Trump has made the fact that he’s self-funding a central part of his messaging. If Trump were to win and change his mind, not only would it hurt him with his core supporters, it probably wouldn’t be all that effective. Trump’s fund raising operation so far has understandably been mediocre and the Super Pacs that were gearing up to support him were asked to stand down. Those Super Pacs were particularly important because there are hard limits on what rich supporters can give to campaigns, but not on what they can give to a Super Pac. Without major help from Super PACs, it’s highly unlikely that Donald Trump could win a general election.
Imagine a campaign where Hillary and her Super Pacs spend more than 3 billion dollars and Trump barely manages to stockpile 500 million in his war chest.
In every swing state, Hillary would have a better get out the vote operation, better staffing and she would be able to blanket the airwaves with her ads while Trump couldn’t compete. In a race like that, Hillary could win in a walk EVEN IF she goes to prison over her email server.
I don’t want this to happen but the point I am driving at is this — Trump CANNOT self-fund, unless he’s willing to sell his assets that are tied up in real estate.
Somehow I doubt we will see Trump mortgaging his properties to pay for his campaign.
I expect to see him running on the fly, chasing after whatever rabbits the Clintons throw in front of him.
Hillary will have 50 offices and thousands of paid canvassers in Ohio and Trump will complain about the system.
I read his sitdown with the Washington Post editorial board. It was pretty embarrassing. He really doesn’t know enough about the issues or even our form of government to be president.
PS - I voted for Rubio.
Excuse me? Perhaps you support Cruz? Mr. Trump is not insulted by the pennies his supporters sent, he is honored.