Ray From Cleveland
Diamond Member
- Aug 16, 2015
- 97,215
- 37,439
Trump lost millions, if not over a billion. He has $ for 2 reasons:
1. Daddy gave it to him.
2. The government protected him from paying back what he borrowed.
How many losers on welfare, or anyone for that reason, do you know that got a gift of $1 billion from the government?
Bloomberg calculated what Trump would be worth had he instead of investing in real estate, just taken the money he inherited from his father, and parked it in an unmanaged stock fund. He would be worth $4 billion more than he now claims.
I don't know if that's accurate or not, especially since nobody really knows exactly what Donald got in inheritance.