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Donald Trump's Fortune Falls $800 Million To $3.7 Billion (Forbes)
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Topic: Donald Trump's Fortune Falls $800 Million To $3.7 Billion (Forbes) (Read 446 times)
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corbe
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Donald Trump's Fortune Falls $800 Million To $3.7 Billion (Forbes)
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on:
September 29, 2016, 03:37:24 pm »
By Chase Peterson-Withorn and Jennifer Wang
As for his campaign, Trump gave it $7 million and loaned it an additional $48 million of his own cash, which FORBES does not expect he will get back.
The stakes are high. For the first time since H. Ross Perot Sr. in 1992 and again in 1996, a billionaire has a shot (in this case, as a major party’s nominee, a far better one) of becoming president of the United States. Below you’ll find our estimates and assumptions for all his assets. And no, as with Oprah Winfrey and Mark Cuban and all the rest, we don’t subscribe an intangible value to his “brand.” Great businessmen turn brands into profits, which then get valued. The deals that putatively could get done do not.
One more thing: The bombastic Republican presidential candidate said on Monday night that his FEC filing showed income of $694 million for the past year. It doesn’t, because in the document he freely mixed revenue with income, and it covers a period of 17 months.
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http://www.forbes.com/sites/jenniferwang/2016/09/28/the-definitive-look-at-donald-trumps-wealth-new/#6ea3948e7e2d
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No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.
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Donald Trump's Fortune Falls $800 Million To $3.7 Billion (Forbes)