Deflated Don on a loser streak

Legion Troll

Legion Troll

A fine upstanding poster
NV0YHEh.jpg


Donald Trump is on a losing streak, in the polls and in the value of his real estate portfolio. A new examination of his assets by Forbes magazine indicates that the candidate’s fortune is worth $3.7 billion, down $800 million from 2015.

Trump himself has suggested his net worth is upwards of $10 billion.

Forbes, which has tracked Trump’s wealth for more than three decades, analyzed hard assets only—28 of them, including commercial properties, private residences, his licensing businesses, and cash. Eighteen of those assets had declined in value over the last year, including 16 of his 22 commercial real estate properties.

Most of the drop—$475 million—is attributed to the decline in New York real estate, where much of Trump’s wealth is held.

Trump Tower, the iconic building on Manhattan’s Fifth Avenue and site of his former NBC show The Apprentice, is currently worth $471 million, Forbes says—down $159 million since 2015.

Mar-a-Lago, his ritzy private club in Palm Beach, Florida, also suffered, falling $50 million in value to $150 million.

His lower Manhattan property 40 Wall Street, currently estimated at $345 million, dropped by $28 million from the previous year.

Other assets that were down for the year included his cash and liquid assets, tallied at $230 million, down from $97 million from the previous year, and his hotel management and licensing business, which suffered a $229 million loss for a current valuation of $129 million.

Forbes reports that Trump gave his own campaign $7 million and loaned it another $48 million, though the magazine “does expect” Trump will get it back.

Forbes had previously estimated Trump’s wealth at $4.5 billion, while Bloomberg calculated it at $2.9 billion.



http://qz.com/796658/donald-trumps-net-worth-is-3-7-billion-according-to-forbes/
 
Every time Trump was forced to hand over his returns, as I posted in another thread, he was shown to be a lot less wealthy than he brags about.
 
christiefan915 said:
Every time Trump was forced to hand over his returns, as I posted in another thread, he was shown to be a lot less wealthy than he brags about.
Click to expand...

He inflates his net worth by assigning a number he made up to his "brand".

It's a house of cards to be admired by tards. :rofl2:
 
Legion Troll said:
NV0YHEh.jpg


Donald Trump is on a losing streak, in the polls and in the value of his real estate portfolio. A new examination of his assets by Forbes magazine indicates that the candidate’s fortune is worth $3.7 billion, down $800 million from 2015.

Trump himself has suggested his net worth is upwards of $10 billion.

Forbes, which has tracked Trump’s wealth for more than three decades, analyzed hard assets only—28 of them, including commercial properties, private residences, his licensing businesses, and cash. Eighteen of those assets had declined in value over the last year, including 16 of his 22 commercial real estate properties.

Most of the drop—$475 million—is attributed to the decline in New York real estate, where much of Trump’s wealth is held.

Trump Tower, the iconic building on Manhattan’s Fifth Avenue and site of his former NBC show The Apprentice, is currently worth $471 million, Forbes says—down $159 million since 2015.

Mar-a-Lago, his ritzy private club in Palm Beach, Florida, also suffered, falling $50 million in value to $150 million.

His lower Manhattan property 40 Wall Street, currently estimated at $345 million, dropped by $28 million from the previous year.

Other assets that were down for the year included his cash and liquid assets, tallied at $230 million, down from $97 million from the previous year, and his hotel management and licensing business, which suffered a $229 million loss for a current valuation of $129 million.

Forbes reports that Trump gave his own campaign $7 million and loaned it another $48 million, though the magazine “does expect” Trump will get it back.

Forbes had previously estimated Trump’s wealth at $4.5 billion, while Bloomberg calculated it at $2.9 billion.



http://qz.com/796658/donald-trumps-net-worth-is-3-7-billion-according-to-forbes/
Click to expand...

His brand is down 30%. If he had hoped this would increase his brand, he is sadly mistaken, his brand is $950 a night for the most inexpensive room at his new DC hotel. The majority of his supporters would not be able to afford this luxury. He also thought winning would inject him into "high society", he has always hated being from Queens instead of Manhattan. The PBS series on the two candidates was quite interesting. Trump will never be a blue blood and he hates it.
 
PostmodernProphet said:
hey its not his fault the value of property is going down......Obama is president until January.....
Click to expand...
It's not just his property. Trump has always been incompetent in the business world. He thought this would bolster his brand. He lost his acting gig, he's lost 2 golf tournaments so far, with more looming.

When the smoke clears, The Donald will secretly wish he never started this failed business venture....notwithstanding profits from charging the RNC for services/rent/etc....while publicly declaring that he won.

And we will laugh and laugh and laugh and laugh and laugh.
 
Now it turns out that his charity is unregistered, making it illegal.

I have to wonder what kind of president his lapdoggies think he'll make if this is the level of due diligence we can expect from his appointees.
 
Althea said:
It's not just his property. Trump has always been incompetent in the business world.
Click to expand...

????....he's incompetent in the business world because his net worth is only $3.7 billion?......where does that leave Hillary who's worth a few hundred million only because rich people gave it to her for giving them access to tax payer dollars.........
 
You must log in or register to reply here.
Back
Top